11 Jun 2025

HCL Technologies Expands AI Partnership with The Standard; Shares Trade Flat

HCL Technologies is currently trading at RS. 1668.50, up by 0.55 points or 0.03% from its previous close of RS. 1667.95 on the BSE.

The stock opened at RS. 1672.20 and has touched an intraday high of RS. 1677.95 and a low of RS. 1666.05. A total of 10,149 shares have been traded so far.

Listed under the BSE group 'A' with a face value of RS. 2, HCL Technologies hit a 52-week high of RS. 2011.00 on January 13, 2025, and a 52-week low of RS. 1304.00 on April 7, 2025. Over the last week, the scrip has seen a high of RS. 1684.70 and a low of RS. 1622.05. The company’s current market capitalization stands at RS. 454783.13 crore.

The promoter holding in the company is at 60.81%, while institutional investors hold 34.61%, and non-institutional investors own 4.57%.

In a significant development, HCL Technologies has expanded its strategic partnership with Standard Insurance Company (The Standard), a leading U.S.-based provider of financial protection products and services. The collaboration aims to deliver AI-driven infrastructure and application services that enhance operational efficiency, support rapid business growth, and elevate customer experience.

This partnership will also help accelerate The Standard’s transition to a product and services-based IT model, increasing agility and customer value, while driving its long-term digital transformation agenda.

HCL’s GenAI-led service transformation platform, AI Force, along with its digital engineering and cloud services, will underpin this transformation. The initiative will also be supported by a newly formed Joint Innovation Council and Digital Experience Office, focused on delivering innovative, scalable, and user-centric experiences.

HCL Technologies continues to provide a comprehensive suite of IT and business services, engineering and R&D solutions, as well as modernized software products and IP-led offerings globally.