HCL Technologies trades with traction on the bourses

HCL Technologies is currently trading at Rs. 489.35, up by 4.60 points or 0.95% from its previous closing of Rs. 484.75 on the BSE.

The scrip opened at Rs. 485.00 and has touched a high and low of Rs. 489.60 and Rs. 485.00 respectively. So far 10627 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 523.50 on 02-May-2012 and a 52 week low of Rs. 360.10 on 26-Aug-2011.

Last one week high and low of the scrip stood at Rs. 508.00 and Rs. 472.20 respectively. The current market cap of the company is Rs. 33888.94 crore.

The promoters holding in the company stood at 63.77% while Institutions and Non-Institutions held 27.82% and 8.41% respectively.

HCL Technologies, a leading global IT services provider has successfully implemented the first phase of Oracle’s PeopleSoft solutions suite for Sharda University, India’s leading educational institution. The end-to-end ERP implementation, one of the first for a private university in India, will help Sharda University automate all its back-end and front-end process to deliver a better user experience.

Under the terms of agreement, HCL is deploying PeopleSoft solution suite including modules like Campus Solutions, Finance and Supply Chain Management (FSCM), Human Capital Management (HCM) and Enterprise Portal. This will enable Sharda University to seamlessly manage the entire academic life-cycle of students and related administrative processes.

The benefits include superior student/applicant experience like multiple enquiry channels across the globe, key real-time information dashboard for applicants, students and alumni through self-service portal; optimized faculty work allocation; and ability to handle domestic and international applications on a single platform.

The solution will therefore help Sharda University significantly improve operational efficiencies across its national and international offices and ensure compliance with regulatory norms.

HCL Technologies is a leading global IT services company, working with clients in the areas that impact and redefine the core of their businesses. HCL focuses on ‘transformational outsourcing’, underlined by innovation and value creation, and offers integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO.