A leading global IT service provider, HCL Technologies, announced the launch of general data protection regulation (GDPR) services to help organisations comply with EU GDPR regulation.
The new GDPR Regulation which is mandated to be adopted by May 2018, extends the data rights of individuals and requires organisations to develop clear policies and procedures to protect personal data and adopt appropriate technical and organisational measures. Enabling GDPR compliance is not just about managing regulatory requirements, but can also be a source of competitive advantage.
While the Nifty IT index is trading lower by 0.15% at 10323 level, HCL Technologies is also moving in-line with the Nifty IT index, trading lower by around 0.07% at Rs 846.55 per share. Meanwhile, major indices in the market are witnessing choppy trade on Wednesday.
Stock View:
HCL Technologies Ltd is currently trading at Rs 847, down by Rs 1.65 or 0.19% from its previous closing of Rs 848.65 on the BSE.
The scrip opened at Rs 848.9 and has touched a high and low of Rs 849.85 and Rs 841.45 respectively. So far 517864(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 121101.33 crore.
The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 908.4 on 06-Jun-2017 and a 52 week low of Rs 708 on 29-Jun-2016. Last one week high and low of the scrip stood at Rs 895 and Rs 844 respectively.
The promoters holding in the company stood at 59.68 % while Institutions and Non-Institutions held 32.3 % and 8.02 % respectively.
The stock is currently trading above its 100 DMA.
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