Edition:
India

HCL Technologies Ltd (HCLT.NS)

HCLT.NS on National Stock Exchange of India

1,062.70INR
17 May 2019
Change (% chg)

Rs-9.55 (-0.89%)
Prev Close
Rs1,072.25
Open
Rs1,075.05
Day's High
Rs1,077.00
Day's Low
Rs1,059.75
Volume
1,390,023
Avg. Vol
2,044,179
52-wk High
Rs1,187.60
52-wk Low
Rs880.05

Latest Key Developments (Source: Significant Developments)

HCL Technologies March Qtr Consol Net Profit Rises
Thursday, 9 May 2019 

May 9 (Reuters) - HCL Technologies Ltd ::DECLARED AN INTERIM DIVIDEND OF 2 RUPEES.MARCH QUARTER CONSOL NET PROFIT 25.50 BILLION RUPEES VERSUS PROFIT OF 22.28 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER CONSOL PROFIT WAS 25.47 BILLION RUPEES.MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 159.90 BILLION RUPEES VERSUS 131.78 BILLION RUPEES LAST YEAR.MARCH QUARTER GROSS EMPLOYEE ADDITION 14249 VERSUS 8,476 LAST YEAR.MARCH QUARTER ATTRITION IN IT SERVICES (LTM) 17.7 PERCENT VERSUS 15.5 PERCENT LAST YEAR.SAYS FY'20 REVENUES ARE EXPECTED TO GROW BETWEEN 14.0% TO 16.0% IN CONSTANT CURRENCY.FY 20 EXPECTED OPERATING MARGIN (EBIT) RANGE IS FROM 18.5 PERCENT TO 19.5 PERCENT.  Full Article

Xerox Says Exploring The Possibility Of A Strategic Transaction Involving Its Customer Financing Business
Monday, 18 Mar 2019 

March 18 (Reuters) - Xerox Corp ::XEROX CORP - 'PROJECT OWN IT' EXPECTED TO DRIVE GROSS SAVINGS OF AT LEAST $640 MILLION IN 2019 AND $1.5 BILLION BY 2021 - SEC FILING.XEROX CORP - IN MARCH 2019, AS PART OF 'PROJECT OWN IT', ENTERED SHARED SERVICES AGREEMENT WITH HCL TECHNOLOGIES.XEROX - SHARED SERVICES AGREEMENT WITH HCL IS EXPECTED TO RESULT IN SAVINGS OF ABOUT $90 MILLION IN 2019 & ABOUT $120 MILLION ANNUALLY THEREAFTER.XEROX CORP - CURRENTLY EXPLORING POSSIBILITY AND FEASIBILITY OF A STRATEGIC TRANSACTION INVOLVING ITS CUSTOMER FINANCING BUSINESS & /RELATED ASSETS.  Full Article

HCL Technologies Wins 5-Year Contract With EDF Luminus
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - HCL Technologies Ltd ::WON FIVE YEAR IT INFRASTRUCTURE AND APPLICATION SERVICES CONTRACT WITH EDF LUMINUS.  Full Article

HCL Technologies & Aegon Sign Five-Year IT Deal
Monday, 10 Dec 2018 

Dec 10 (Reuters) - HCL Technologies Ltd ::AEGON SIGNS NEW FIVE-YEAR IT TRANSFORMATION DEAL WITH HCL. DEAL WILL SEE HCL CONTINUE AS AEGON'S DIGITAL TRANSFORMATION PARTNER.  Full Article

HCL Technologies To Acquire Select IBM Software Products For $1.8 Bln
Friday, 7 Dec 2018 

Dec 6 (Reuters) - International Business Machines Corp ::HCL TECHNOLOGIES TO ACQUIRE SELECT IBM SOFTWARE PRODUCTS FOR $1.8B.IBM - HCL AND IBM HAVE AN ONGOING IP PARTNERSHIP FOR FIVE OF THE SELECT IBM SOFTWARE PRODUCTS.  Full Article

HCL Technologies Ltd Says Deutsche Bank And Co Join Forces For Cheque Processing Operations
Monday, 5 Nov 2018 

Nov 5 (Reuters) - Deutsche Bank AG ::HCL TECHNOLOGIES LTD SAYS DEUTSCHE BANK AND HCL TECHNOLOGIES JOIN FORCES FOR CHEQUE PROCESSING OPERATIONS.  Full Article

HCL Technologies Gets Three-Year Application Services Contract From UK'S Asda
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - HCL Technologies Ltd ::GETS THREE-YEAR APPLICATION SERVICES CONTRACT FROM UK'S ASDA.  Full Article

HCL Technologies Expands Footprints In India's Andhra Pradesh
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - HCL Technologies Ltd ::SAYS HCL SSHS AND STATE STREET CORP ANNOUNCE OPENING OF IT CENTRE AT MEDHA TECH PARK IN GANAVARAM, VIJAYAWADA.  Full Article

HCL Technologies CFO Anil Chanana To Retire
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - HCL Technologies Ltd ::RETIREMENT OF ANIL CHANANA, CHIEF FINANCIAL OFFICER OF COMPANY.CONSTITUTED A COMMITTEE OF BOARD TO REVIEW INTERNAL AND EXTERNAL CANDIDATES FOR SELECTING CFO'S SUCCESSOR.  Full Article

Shanghai Huace Navigation Technology sees FY 2018 Q1 net profit up 21.1 pct to 31.9 pct
Wednesday, 11 Apr 2018 

April 11 (Reuters) - Shanghai Huace Navigation Technology Ltd <300627.SZ>:Says it sees FY 2018 Q1 net profit to increase by 21.1 percent to 31.9 percent, or to be 11.2 million yuan to 12.2 million yuan.Says FY 2017 Q1 net profit was 9.3 million yuan .  Full Article

BUZZ-HCL Tech: weak margins sour strong revenue story

** IT services co shares fall 5.2% to 1,077.25 rupees - top percentage loser on Nifty