HCL Technologies rose 4.30% to Rs 835 at 9:19 IST on BSE after consolidated net profit rose 1.84% to Rs 2050.78 crore on 5.96% increase in total income from operations to Rs 11336.32 crore in Q1 June 2016 over Q4 March 2016.
The result was announced before trading hours today, 3 August 2016.Meanwhile, the S&P BSE Sensex was up 27.33 points, or 0.10%, to 28,009.04.
On BSE, so far 1.95 lakh shares were traded in the counter, compared with an average daily volume of 3.75 lakh shares in the past one quarter. The stock hit a high of Rs 869 and a low of Rs 830.25 so far during the day. The stock hit a 52-week high of Rs 997 on 19 August 2015. The stock hit a 52-week low of Rs 706.50 on 11 May 2016. The stock had outperformed the market over the past one month till 2 August 2016, rising 9.46% compared with 3.08% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, rising 7.76% as against Sensex's 10% rise.
The large-cap company has an equity capital of Rs 282.17 crore. Face value per share is Rs 2.
HCL Technologies is a leading global IT services company working with clients in the areas that impact and redefine the core of their businesses.
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