Gains by TCS, Infosys and HCL Technologies Drives IT Stocks
Shital Jibhe / 06 Jun 2017
HCL Technologies Limited is engaged in providing a range of software development services, business process outsourcing services and information technology (IT) infrastructure services.and was up by 4.1%, trading at 894 per share and touched its one-year high of Rs 908.40 per share on the BSE.
Led by gains of heavyweights like TCS, Infosys and HCL Technologies, the IT stocks are on a roll in Dalal Street. These stocks jointly contributed to the BSE IT gains and pushed it up by 2.6% at 1225 hours.
HCL Technologies Limited is engaged in providing a range of software development services, business process outsourcing services and information technology (IT) infrastructure services.and was up by 4.1%, trading at 894 per share and touched its one-year high of Rs 908.40 per share on the BSE. The stock witnessed a huge spurt in volume by more than 2.73 times.
The stock has delivered 24% returns in a period of one year and has outperformed the BSE Sensex and BSE IT indices over the same time period.
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