HCL Tech’s market cap nears Rs 5 trillion; stock zooms 46% from June low

Shares of HCL Technologies hit a new high of Rs 1,805, surging 3 per cent on the BSE in Monday’s intra-day trade on healthy business outlook.
In the past six trading days, HCL Tech’s stock has rallied nearly 9 per cent after the company extended its agreement with Xerox “to drive innovation with AI and digital engineering”.

The stock of the information technology (IT) company has bounced back 46 per cent from its June-month low of Rs 1,235, on the BSE.