Shares of HCL Technologies moved higher by nearly 5% to Rs 1,546, also its record high in late noon deals on the National Stock Exchange (NSE) after the holding company denies a Wall Street Journal report that said its founder Shiv Nadar was seeking potential buyers for his $10 billion stake in the technology company.
"HCL Corporation denies any plans to exit HCL Technologies," it said in a statement.
Its billionaire founder Shiv Nadar owns roughly 62% stake in HCL Technologies through group companies.
The stock touched a low of Rs 1474.85 and a high of 1546 on Friday. A total of 1,34,8691 shares changed hands on the bourses as compared to its 30-day average of 1,37,7192.
