HCL Tech gains after entering into global partnership with Manchester United

HCL Technologies rose 1.11% to Rs 960 at 9:20 IST on BSE after the company announced that it has entered into a global partnership with Manchester United.

The company made announcement after market hours yesterday, 2 September 2015.

Meanwhile, the BSE Sensex was up 145.75 points, or 0.57%, to 25,599.31.

On BSE, so far 3,646 shares were traded in the counter, compared with an average volume of 1.22 lakh shares in the past one quarter.

Shares of a large-cap company hit a high of Rs 966.45 and a low of Rs 956.80 so far during the day. The stock hit a record high of Rs 1,058.20 on 11 March 2015. The stock had hit a 52-week low of Rs 725.18 on 15 December 2014.

HCL Technologies said that as part of this partnership, HCL Technologies and Manchester United will work together to explore and unveil a number of digital initiatives to transform the experience of the Club's 659 million global followers. As the first step, HCL will create a state-of-the-art United Xperience Lab to be housed within the iconic Old Trafford Stadium, which will make it the seventh such lab across the world. Within the lab, HCL and Manchester United will explore revolutionary ways in which the club uses technology to create a unified fan experience for supporters; and in the process set a new engagement benchmark in the world of sport, HCL Technologies said in a statement.

Manchester United is one of the most popular and successful sports teams in the world.

On consolidated basis, HCL Technologies' net profit rose 9.68% to Rs 1846.07 crore on 1.61% growth in net sales to Rs 9416.22 crore in Q4 June 2015 over Q3 March 2015.

HCL Technologies is a leading global IT services company working with clients in the areas that impact and redefine the core of their businesses.

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