HCL Technologies hits record high after Q2 results, bonus issue

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Capital Market
Last Updated : Jan 30 2015 | 9:45 AM IST

HCL Technologies jumped 7.67% to Rs 1,772.20 at 9:22 IST on BSE after consolidated net profit rose 2.3% to Rs 1915 crore on 6.3% growth in revenue to Rs 9283 crore in Q2 December 2014 over Q1 September 2014.

The Q2 result was announced before market hours today, 30 January 2015.

Meanwhile, the S&P BSE Sensex was down 26.18 points or 0.09% at 29,655.59.

On BSE, so far 77,000 shares were traded in the counter as against average daily volume of 63,000 shares in the past two weeks.

The stock hit a high of Rs 1,834 so far during the day, which is a record high for the counter. The stock hit a low of Rs 1,764.15 so far during the day.

HCL Technologies said that the board of directors of the company at its meeting held on 30 January 2015, inter alia, recommended a liberal 1:1 bonus issue.

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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First Published: Jan 30 2015 | 9:16 AM IST

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