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HCL Technologies Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1909.4, up 0.62% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.53% on the day, quoting at 24596.05. The Sensex is at 81427.54, up 0.58%. HCL Technologies Ltd has risen around 3.86% in last one month.
Meanwhile, Nifty IT index of which HCL Technologies Ltd is a constituent, has risen around 5.84% in last one month and is currently quoting at 43949.25, up 1.24% on the day. The volume in the stock stood at 15.25 lakh shares today, compared to the daily average of 26.2 lakh shares in last one month.
The benchmark December futures contract for the stock is quoting at Rs 1915.5, up 0.76% on the day. HCL Technologies Ltd is up 43.61% in last one year as compared to a 17.47% spurt in NIFTY and a 34.74% spurt in the Nifty IT index.
The PE of the stock is 43.57 based on TTM earnings ending September 24.
HCL Technologies announced a collaboration with Google Cloud Security to provide AI-driven Managed Detection and Response (MDR) solutions to empower enterprises with comprehensive security coverage to respond to cyber threats.
HCLTech UMDR (Universal Managed Detection and Response) service will leverage HCLTech's Fusion Platform and Google Cloud Security technology to deliver proactive threat detection and effective threat response. HCLTech UMDR service provides a modular operating model for clients looking for flexibility and end-to-end capabilities that deliver advanced detection and protection to complex environments, including operational technology (OT), industrial control systems (ICS), hybrid cloud, IAM, end points, network and applications.