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HCL

HCL Tech gains on buyback plan; among top Nifty gainers today

The IT company has announced that its board will be meeting on July 12, 2018, to consider a proposal for buyback of equity shares of the company.

Shares of HCL Technologies gained over 2% on the NSE and among top Nifty gainers in today’s trade. The IT company has announced that its board will be meeting on Thursday, July 12, 2018, to consider a proposal for buyback of equity shares of the company. Price and the quantum of the buyback would be announced post the board meeting.

The announcement was made after market hours yesterday, July 09, 2018.

The stock is currently trading at Rs982.50 up by Rs21.25 or 2.21% from its previous closing of Rs961.25 on the BSE.

The scrip opened at Rs1,000.05 and has touched a high and low of Rs1,000.05 and Rs976 respectively. So far 24,66,859 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs1,33,845.09cr.

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