BSE: 532281 | NSE: HCLTECH | ISIN: INE860A01027
Market Cap: [Rs.Cr.] 88,121 | Face Value: [Rs.] 2
Industry: Computers - Software - Large Discuss this stock
Company Profile
HCL Technologies Ltd is a global technology company. The company is primarily engaged in providing a range of software services, business process outsourcing and infrastructure services. The company leverages an extensive offshore infrastructure and its global network of offices in various countries and professionals to deliver solutions across select verticals including Retail, Aerospace and defense, Automotive, Telecom, Financial Services, Government, Hi-tech, Media and Entertainment, Travel, Transportation and Logistics, Energy and utilities, Life Sciences and Healthcare. HCL Technologies Ltd was incorporated in the year 1991 as HCL Overseas Ltd.
The company received the certificate of commencement of business on February 10, 1992. In July 14, 1994, the name of the company was changed to HCL Consulting Ltd. In the year 1996, the company formed a 50:50 joint venture namely HCL Perot Systems NV with Perot Systems Corporation to provide access to high value client base of Perot Systems. The company started to create wholly owned subsidiaries to cater specific geographic regions from the year 1999. They had the widest service portfolio among Indian IT service providers, with each of its services having attained critical mass. In the year of 2000 the company set up a dedicated offshore development centre in Chennai for KLA-Tencor Corporation, a supplier of process control and yield management solutions for the semiconductor and related microelectronics industry. HCL Comnet, the wholly owned subsidiary company in association with its new partner Globeset Inc introduced net security management solutions.