HCL Technologies Ltd up for third straight session

HCL Technologies Ltd is up for a third straight session today. The stock is quoting at Rs 1313.7, up 7.42% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.78% on the day, quoting at 22538.75. The Sensex is at 72509.5, up 0.81%. HCL Technologies Ltd has gained around 4.79% in last one month.

Meanwhile, Nifty IT index of which HCL Technologies Ltd is a constituent, has gained around 0.26% in last one month and is currently quoting at 28349.6, up 4.52% on the day. The volume in the stock stood at 153.56 lakh shares today, compared to the daily average of 28.14 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 1306.5, up 7.41% on the day. HCL Technologies Ltd is down 12.15% in last one year as compared to a 10.37% slide in NIFTY and a 15.86% slide in the Nifty IT index.

The PE of the stock is 18.19 based on TTM earnings ending June 26.

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