• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

HCL Tech saw large volumes of shares traded on Wednesday. Sustained institutional support pushed volumes up, said dealers.

Rumours of an acquisition had also been driving interest in this stock in the recent past. There is talk in the market that the company is looking at acquisitions in Europe in both BPO and technology segments.

According to analysts, the company is on a better footing ever since it has altered its business model.

The stock ended at Rs 538.80, down 1.77 per cent, with about 2.06 lakh shares traded on the BSE. The stock has appreciated by almost 25 per cent month-on-month while two-week average volume is 1.66 lakh shares.

Deeptha Rajkumar

More Stories on : Stock Markets | Stocks | Ear to the ground | Software | HCL Technologies Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Model limitations blamed for rain figure disparity

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line