HCL Technologies rose 1.74% to Rs 1,008 at 9:41 IST on BSE after the company fixed Friday, 31 August 2018 as the record date for its share buyback plan.
The announcement was made after market hours yesterday, 20 August 2018.Meanwhile, the S&P BSE Sensex was down 28.22 points, or 0.07% to 38,250.53
On the BSE, 51,000 shares were traded in the counter so far compared with average daily volumes of 54,000 shares in the past two weeks. The stock had hit a high of Rs 1,013.45 and a low of Rs 1,001 so far during the day. The stock hit a record high of Rs 1,106.60 on 23 April 2018. The stock hit a 52-week low of Rs 825.10 on 4 December 2017.
On 12 July 2018, HCL Technologies had announced buyback of up to 3.64 crore shares, or 2.61% stake, worth Rs 4000 crore at Rs 1,100 each.
On a consolidated basis, HCL Technologies' net profit rose 9.01% to Rs 2431 crore on 5.36% increase in total income to Rs 14203 crore in Q1 June 2018 over Q4 March 2018.
HCL Technologies is a global technology company.
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