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HCL Technologies surges 5% amid block deal buzz, stock hits a 10-week high

Till 09:26 am; around 8.15 million equity shares or 0.30 per cent stake of the company had changed hands on the NSE, the exchange data showed

HCL Tech
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Photo: Bloomberg

SI Reporter Mumbai
Shares of HCL Technologies were up 5 per cent at Rs 1,283.80 on the National Stock Exchange (NSE) in Friday’s intra-day trade on back of heavy volumes as more than 7 million equity shares changed hands at the counter on the BSE and the NSE.

The stock of information technology (IT) consulting & software firm was trading at its highest level since October 14, 2021. It had hit a record high of Rs 1,377.75 on September 24, 2021.

At 09:26 am; HCL Technologies traded 3 per cent higher on the NSE, as compared to 0.09 per cent rise