HCL Technologies gains on the buzz of 500 million deal from Pepsico

HCL Technologies is currently trading at Rs 1318.00, up by 10.50 points or 0.80% from its previous closing of Rs 1307.50 on the BSE. The scrip opened at Rs 1323.00 and has touched a high and low of Rs 1350.00 and Rs 1311.35 respectively. So far 7498 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs 1588.65 on 28-Feb-2014 and a 52 week low of Rs 721.00 on 06-Jun-2013. Last one week high and low of the scrip stood at Rs 1445.55 and Rs 1257.00 respectively. The current market cap of the company is Rs 91482.81 crore. The promoters holding in the company stood at 61.69% while Institutions and Non-Institutions held 32.28% and 6.03% respectively. HCL Technologies has reportedly secured $500 million IT outsourcing order from beverage giant PepsiCo. The fourth-largest Indian IT services firm beat HP to bag the seven-year IT deal. Recently, the company won a global contract from pharmaceuticals major Novartis to provide infrastructure management services. HCL Technologies is a leading global IT services company working with clients in the areas that impact and redefine the core of their businesses. HCL leverages its extensive global offshore infrastructure and network of offices in 31countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Consumer Services, Public Services and Healthcare & Life sciences.