Information About HCL Technologies Stock Price:

HCL Technologies Limited is an MNC that offers IT services, and it has the corporate office in Noida, UP. Some of the services provided by HCL Technologies include remote infrastructure management, enterprise transformation, etc. HCL tech has its offices spread across 34 countries including Germany, France, the United States of America, etc.

History of HCL Technologies:

In the year 1976, six engineers led by Shiv Nadar established an organization that would manufacture PCs or Personal Computers. In 1991, an organization named HCL Overseas Limited was incorporated as the tech development service provider. In 1994, the company's name was changed to HCL Consulting Limited. In the year 1999, the organization was finally named HCL Technologies Limited.

Management of HCL Technologies:

Shiv Nadar – Mr. Nadar is the Chairman and Founder of HCL Technologies.

Roshni Nadar Malhotra – Roshni Nadar Malhotra is the CEO and Director of HCL Corporation. She is responsible for the strategic decisions concerning the organization's overall direction. She is also a trustee of the Shiv Nadar Foundation.

HCL Technologies Stock Trends in 2018:

The Open Price on 1 January 2018 stood at Rs.885.25 at BSE and 889 at NSE. The High Price rose at Rs.890.70 and Rs.890.50 at NSE and BSE, respectively. The Low Price was Rs.879.35 (BSE) and Rs.875.95 (NSE). The Close Price at NSE was Rs.878.70, and the Close Price at BSE was Rs.881. By the end of the month, the Open Price for HCL Technologies stocks showed an upward trend. It stood at Rs.1,000.30 at BSE and Rs.999.95 at NSE. The High Price was Rs.1,017.90 and Rs.1,014.70 at NSE and BSE, respectively. The Close Price stood at Rs.985.65 (BSE) and Rs.986.55 (NSE). The Low Price at both BSE and NSE crossed Rs.980.

On 1 February 2018, the Open Price stood at Rs.985 and Rs.982.10 at BSE and NSE, respectively. The High Price stood at Rs.1,031 and Rs.1,014.95 at BSE and NSE, respectively. The Low Price at NSE was Rs.969, and the Low Price at BSE was Rs.972.95. The Close Price stood at Rs.985.65 (BSE) and Rs.984.90 (NSE). By the end of the month, the Open Price went down slightly, and it rose at Rs.946.10 at BSE and Rs.954.90 at NSE. The High Price was recorded at Rs.958.35 and Rs.957.40 at NSE and BSE, respectively. The Low Price was Rs.937 at BSE and Rs.935 at NSE. The Close Price stood at Rs.940.30 at both BSE and NSE.

HCL Technologies Wealth and Performance:

The total sales turnover at the end of FY 2016-2017 was Rs.19,318.21 crore. The total income crossed the Rs.20,000 crore mark. At the end of June 2017, the net sales turnover for HCL for the quarter stood at Rs.5,179 crore. The other income went up to a Rs.199 crore. The total revenue was more than Rs.5,300 crore. The employee expenses were more than Rs.1,700 crore during that quarter. The total costs came up to a total of Rs.3,067 crore.

At the end of September 2017, the net sales turnover stood at Rs.5,460 crore. The other income went up to a Rs.162 crore. The total revenue of HCL Technologies stood at Rs.5,622 crore. The employee expenses went up to more than Rs.1,800 crore. Other expenses were recorded at Rs.1,275 crore. The total cost for this quarter stood at Rs.3,161 crore. The net sales turnover stood at Rs.5,723 crore. The other income went up to a Rs.143 crore. The total revenue of HCL was more than Rs.5,800 crore. The employee expenses came up to a total of Rs.1,878 crore, and other cost went up to Rs.1,305 crore. The total expenses of HCL Technologies stood at Rs.3,182 crore.

Should You invest in HCL Technologies stocks?

HCL Technologies is one of the leading multinational companies in India that offers IT services. HCL Technologies did well after the recession in 2008. In the next five years, the stocks extended 300% gains. The growth is not as high as that period now. However, it can inevitably rise in the future. Ensure that you perform substantial research before you invest in any stock.

Stocks or Mutual Funds: Here is our recommendation

A lot of research and knowledge is required in stock market investments, and generally, they don't offer any tax benefits. Hence at mymoneykarma, we merely motivate our readers to invest in mutual funds. Investing in mutual funds doesn't require a lot of knowledge, and equity-linked mutual fund schemes also provide tax benefits. In addition to it, since mutual funds contain stocks from multiple companies, they help in building a diversified portfolio.

Note: The contents of this post/blog do not constitute any professional advice on a specific financial matter.

Indexes and Exchages

Bombay Stock Exchange (BSE)

The Bombay Stock Exchange, popularly called BSE, is Asia's first and oldest stock exchange. Located at Dalal Street in Mumbai, the BSE was formally established in 1875 by an influential stockbroker and businessman called Premchand Roychand. In the initial days, the BSE had its meetings under several Banyan trees in Mumbai before finding a permanent place, which is very appropriately named Dalal Street or Broker Street. After functioning as a floor trading exchange for more than a century, BSE ascended the digital ladder in 1995 by implementing a new screen-based automated trading platform with a capacity of 8 million orders in a day. In 2012, the BSE went global by becoming a Partner Exchange of the United Nations Sustainable Stock Exchange. Subsequently, BSE established India's first international exchange, called INX, in 2016.

National Stock Exchange (NSE)

NSE was set up in 1992 by a group of leading Indian financial institutions, following the Indian Government's directives. It aimed to bring transparency to the Indian capital market. It was India's first demutualized electronic exchange which operated on a completely automated screen-based electronic trading system, offering an easy trading facility to all Indian investors. NSE began its operations in the Wholesale Debt Market segment in 1994. NSE was the first company in India to offer a digital platform that connected the investor base of the entire country. NSE offers services in various segments, such as trading, equity derivatives, clearing and settlement services in equity, debt and currency derivatives, etc.


The NIFTY is NSE's flagship index that tracks the behavior of a portfolio of blue-chip companies that have the largest and most liquid Indian securities. It is owned as well as managed by IISL (India Index Services and Products Ltd), which is India's first specialized company to focus on an index as a core product. Nifty indexes 50 of the 1600 companies on the National Stock Exchange (NSE) and is thus popularly referred to as 'Nifty 50'. It captures approximately 65% of its float-adjusted market capitalization and is a true reflection of the Indian stock market. The Nifty 50 includes the major sectors of the Indian economy. It offers the exposure to the Indian market in one efficient portfolio. The Nifty index has been trading since April 1996. It is ideally suited for index funds, benchmarking and index-based derivatives.


Sensex is BSE's stock market index. It consists of 30 well-established and financially flourishing companies listed on BSE. It was established in 1986. These 30 component companies are known for being the largest and most actively traded stocks. They represent various industrial sectors of the Indian economy. Sensex is also known as BSE 30 and S&P BSE SENSEX. The word 'Sensex' is a portmanteau of the words 'Sensitive' and 'Index.' SENSEX is widely reported in domestic and international markets through print and electronic media. The indexing system is scientifically designed, based on globally accepted construction and review methodology. Since September 2003, S&P BSE Sensex is being determined on a free-float market capitalization methodology.