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HCL Technologies Ltd gains for third consecutive session

  • bitnet infotech
  • January 3, 2020
  • 8:50 am

HCL Technologies Ltd gained for a third straight session today. The stock is quoting at Rs 584.3, up 1.87% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.42% on the day, quoting at 12230.45. The Sensex is at 41469.8, down 0.38%. HCL Technologies Ltd has risen around 3.83% in last one month.

Meanwhile, Nifty IT index of which HCL Technologies Ltd is a constituent, has risen around 5.02% in last one month and is currently quoting at 15709.65, up 1.45% on the day. The volume in the stock stood at 23.26 lakh shares today, compared to the daily average of 24.92 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 585, up 1.77% on the day. HCL Technologies Ltd is up 25.34% in last one year as compared to a 14.01% spurt in NIFTY and a 12.66% spurt in the Nifty IT index.

The PE of the stock is 19.28 based on TTM earnings ending September 19.

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