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HCL Tech gains after winning contract

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HCL Technologies rose 1.26% to Rs 934.30 at 13:37 IST on BSE after the company said it received an infrastructure service contract from Flack.

The announcement was made during trading hours today, 14 June 2018.

Meanwhile, the S&P BSE Sensex was down 163.92 points, or 0.46% to 35,575.24.

On the BSE, 26,000 shares were traded in the counter so far compared with average daily volumes of 8.10 lakh shares in the past two weeks. The stock had hit a high of Rs 936 and a low of Rs 924.25 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.

 

HCL Technologies (HCL), a leading global technology company, announced it has signed an end-to-end IT infrastructure services deal with Falck, an international leader in the ambulance and healthcare markets.

Through this deal, HCL will support Falck's business transformation by consolidating, simplyfing and standardizing Falck's IT infrastructure operations through a centralised global service delivery model. The new centralised model will enable greater automation, improved cost transparency, enhanced operational efficiency and increased control. The delivery hubs for this engagement will include HCL's newly inaugurated Global Delivery Centre in Gothenburg, Sweden and sites in the US and South America.

Faick operates in 35 countries and has more than 37,000 employees. The business consists of three core business units: Ambulance, Healthcare and Assistance. Falck's current IT landscape includes a web of data centres, networks and operating systems around the world, which work to keep the company online every day. In partnership with HCL, Falck will now embark on a transformation journey to consolidate this landscape.

On a consolidated basis, HCL Technologies' net profit rose 7.47% to Rs 2230 crore on 2.88% increase in net sales to Rs 13178 crore in Q4 March 2018 over Q3 December 2017.

HCL Technologies (HCL) is a leading global technology company.

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First Published: Jun 14 2018 | 1:46 PM IST

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