HCL Tech moves up as its arm achieves large-scale implementation of SAP Solutions

31 Jul 2012 Evaluate

HCL Technologies is currently trading at Rs. 517.50, up by 0.85 points or 0.16% from its previous closing of Rs. 516.65 on the BSE.

The scrip opened at Rs. 518.00 and has touched a high and low of Rs. 519.35 and Rs. 511.00 respectively. So far 8143 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. 520.60 and Rs. 504.00 respectively. The current market cap of the company is Rs. 35912.08 crore.

The promoters holding in the company stood at 62.24% while Institutions and Non-Institutions held 29.48% and 8.28% respectively. 

HCL Technologies’ enterprise application services division - HCL AXON has successfully implemented Norfolk Southern Corporation’s ‘Synergy’ project, encompassing significant world-class business processes based on SAP solutions and stabilization support at one of the nation’s premier transportation companies.

The replacement of 40-plus systems addressing the areas of financial management, human capital management and material management, speaks to the complexity and scale of this two-year program.  A business-centric, Center of Excellence known as the Synergy Center has been established for the on-going operations, releases and optimization of SAP solutions.

HCL AXON was selected to provide system integration services as the team worked to enhance the infrastructure at Norfolk Southern to meet the changing demands of the business. The deployment of a robust SAP solution-based platform has enabled a real-time, fully integrated, and cohesive system and will further enable future back-office transformation across other business functions. 

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.

HCL Tech. Share Price

1936.50 -22.70 (-1.16%)
19-Dec-2024 15:31 View Price Chart
Peers
Company Name CMP
TCS 4280.55
Infosys 1947.00
HCL Tech. 1936.50
Wipro 312.60
Tech Mahindra 1755.00
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.