October 13, 2023 - Hey there, folks interested in the stock market! We've a good news for you. HCL Technologies, a big name in India's IT sector, had an impressive day on the stock market. Its stock price rose by 2.55% today, closing at ₹1255.3 per share, a step up from yesterday's ₹1224.05. This exciting boost came after announcement of second-quarter earnings, revealing a 9.9% rise in profits to ₹3,833 crores for quarter ending on September 30.
The stock open price for today was ₹1249.95, hit a high of ₹1249.95, and a low of ₹1215.25. Now, in the big picture, HCL Technologies is valued at a whopping ₹331,408.12 crore in market capitalization. Over the past year, the stock swung between ₹936.15 (lowest) to ₹1311 (highest). On this particular trading day, about 95,132 shares were exchanged on the BSE, a considerable amount indicating strong interest in HCL Technologies.
Peeking into October, HCL Technologies' futures began at ₹1200.0, offering a glimpse into potential future price movements. Presently, the stock's spot price stands at ₹1255.1. The bid price is slightly lower at ₹1246.8, and offer price is ₹1247.15. There are 700 shares available for buying and 700 for selling at these prices. Notably, the open interest for HCL Technologies stands at a significant 10,938,900 shares, suggesting a keen interest in this stock.
This positive movement, with a ₹31.25 increase from yesterday's closing price of ₹1224.05, bodes well for both HCL Technologies and existing shareholders. With this 2.55% surge, HCL Technologies is displaying promise, making it an intriguing option for potential investors. We'll be keeping a close watch on stock performance coming days, and you should too if you're in the market!