HCL Technologies gains as its division undertake to implement SAP CRM at SMUD

20 Sep 2011 Evaluate

HCL Technologies is currently trading at Rs. 396.00, up by 4.20 points or 1.07% from its previous closing of Rs. 391.80 on the BSE.

The scrip opened at Rs. 396.90 and has touched a high and low of Rs. 396.90 and Rs. 392.70 respectively. So far 3,404 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 528.40 on 21-Apr-2011 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. 409.35 and Rs. 380.00 respectively. The current market cap of the company is Rs. 27,309.00 crore.

The promoters holding in the company stood at 64.37% while Institutions and Non-Institutions held 27.48% and 8.15% respectively.

HCL Technologies’ business transformation division - HCL AXON has undertaken a major implementation of the SAP Customer Relationship Management (SAP CRM) application and an upgrade of SAP for Utilities solutions at Sacramento Municipal Utility District (SMUD), a community-owned electric utility serving more than 1.4 million people. This is the 25th utility transformation program the company has executed during the years in North America.

SMUD is one of four large energy providers in the last three months to select HCL to transform its systems and processes to integrate with its recently deployed smart-grid. As one of the largest and most progressive municipal utilities in North America, Sacramento Municipal Utility District is utilizing HCL to help support its smart-grid initiatives through a comprehensive customer service and billing upgrade. SMUD has one of the most innovative smart-grid programs in North America; this implementation will leverage HCL's business transformation methodology by combining its best practices with proven benefits delivery.

HCL has a long and consistent track record of successfully delivering best-practice customer billing, enterprise asset management, and back-office solutions for regulated and de-regulated utilities organizations across the world. HCL has also implemented SAP's industry-leading SAP for Utilities solutions at over 40 investor-owned and public utilities.

HCL Tech. Share Price

1959.20 7.85 (0.40%)
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