On September 02, 2020 HCL, a leading global company announced that it has again been recognized by Gartner, Inc., the world-leading research and advisory company for both North America and Europe, both published in June. This is the tenth consecutive year that HCL has maintained its position in the top 20 leading services providers.
“The decade-long recognition from Gartner is a true testament to our collective vision for building the Digital Foundation of enterprises through our hybrid cloud services,” said Kalyan Kumar, CTO, and HCL Technologies. He added “HCL has moved away from the traditional infrastructure operating model. Our strategy is to enable customers’ agile journey through Infrastructure and Platform modernization approach and this has proven its efficacy against the business impact of COVID-19, and is helping clients navigate safely into the future”.
About HCL Technologies
HCL Technologies is a leading global IT services company working with clients to impact and redefine the core of their businesses. For the 21st Century Enterprise, HCL focuses on business model transformation, underlined by innovation and value creation, offering an integrated portfolio of services including BEYONDigital, IoT Works, Engineering Services Outsourcing, and Next–Generation ITO that focuses on integrated infrastructure services, applications services, and business services. HCL is one of the trusted and recommended brands in its field.
According to the source of Equity Bulls
Shares of HCL TECHNOLOGIES LTD. was last trading in BSE at Rs.690.4 as compared to the previous close of Rs. 693.3. The total number of shares traded during the day was 292698 in over 7291 trades.
The stock hit an intraday high of Rs. 704 and an intraday low of 682.8. The net turnover during the day was Rs. 203257059.
In today’s era HCL is one of the promising and growing companies. It has provided customer satisfaction and loyalty with innovative hybrid cloud solutions that have been designed and orchestrated to provide agility, flexibility, and faster time-to-market for applications and services. There is belief by the customers that HCL is one of the best company to trust. HCL has also enabled customer experiences in the digital era.
The company’s revenue fell by 7.4% sequentially to $2,355.5 million in the June 2020 quarter due to the combined effect of the impact of the pandemic; despite this fall the company was able to retain the operating margins above 20% for the third consecutive quarter and now it has become the leading global company.
Due to the pandemic as more businesses look to enable work from anywhere HCL got the opportunity to others.