HCL Technologies rose 0.79% to Rs 929.20 after the company announced the expansion of investment in the United Kingdom with the hiring of 1,000 technology professionals to support its clients in the UK and around the world.
The company plans to hire these professionals in the fields of digital transformation, cloud, artificial intelligence and cybersecurity for its London, Greater London and Manchester offices.
HCL has been present in the UK since 1997 and today its UK operation employs 3,500+ people across various locations, supporting 50+ clients.
C Vijayakumar, CEO, HCL Technologies, said: "The UK has played a key role in HCL's growth and success journey for more than two decades. It is home to some of our most prestigious clients and is a hotbed of IT talent. By creating new local jobs in the region, we want to reaffirm our commitment to catalyzing innovation and building competitive digital talent pools in the region."
HCL Technologies offers its services and products through three business units - IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Products & Platforms (P&P).
The IT firm reported 25.6% drop in consolidated net profit to Rs 2,962 crore on 1.8% rise in revenues to Rs 19,642 crore in Q4 FY21 over Q3 FY21. The IT firm's consolidated net profit declined 6.1% while revenues jumped 5.7% in Q4 FY21 over Q4 FY20.
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