HCL Tech shares jumps to 12-1/2 yr high

HCL

* Shares in India's HCL Technologies gain 1.8 percent, after earlier hitting a session high at 629.85 rupees, their highest since March 2000.

* Gains come despite a 1.7 percent fall in the broader NSE IT sub-index on hopes the software services exporter is well placed to win deals in the infrastructure sector, as has been typical in recent years, traders say.

* HCL Technology last month posted a 78 percent jump in July-September net profit from a year earlier.

Please read our terms of use before posting comments
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
comments powered by Disqus