{"id":827282,"date":"2024-06-28T10:55:31","date_gmt":"2024-06-28T05:25:31","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=827282"},"modified":"2024-06-28T10:55:31","modified_gmt":"2024-06-28T05:25:31","slug":"hcl-technologies-to-see-block-deal-worth-rs-1757-crore-on-friday","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/28\/hcl-technologies-to-see-block-deal-worth-rs-1757-crore-on-friday\/","title":{"rendered":"HCL Technologies to see block deal worth Rs 1,757 crore on Friday"},"content":{"rendered":"<p>HCL Technologies is likely to see a block deal worth Rs 1,757 crore (approximately $200 million) on Friday, according to a term sheet issued by Citigroup. The bank did not disclose the name of the seller, who will offload 0.46% or 1.24 crore shares in a cleanup deal, according to the term sheet. The seller has set a floor price of Rs 1,414.90 per share, a discount of 2.75% to Thursday\u2019s closing price of Rs 1,454.90 on the NSE.<\/p>\n<p>Shares of HCL Technologies have gained 7.52% in the last one month compared to 5% gain in the benchmark Sensex.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HCL Technologies is likely to see a block deal worth Rs 1,757 crore (approximately $200 million) on Friday, according to a term sheet issued by Citigroup. The bank did not disclose the name of the seller, who will offload 0.46% or 1.24 crore shares in a cleanup deal, according to the term sheet. The seller has set a floor price of Rs 1,414.90 per share, a discount of 2.75% to Thursday\u2019s closing price of Rs 1,454.90 on the NSE. Shares of HCL Technologies have gained 7.52% in the last one month compared to 5% gain in the benchmark Sensex.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-827282","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/827282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=827282"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/827282\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=827282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=827282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=827282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}