The company made this announcement during trading hours today, 21 October 2009.
Meanwhile, the BSE Sensex was down 34.10 points, or 0.20%, to 17,188.91.
On BSE, 3.76 lakh shares were traded in the counter as against an average daily volume of 2.71 lakh shares in the past one quarter.
The stock hit a high of Rs 327.50 and a low of Rs 310 so far during the day. The stock had hit a 52-week high of Rs 350.50 on 19 September 2009 and a 52-week low of Rs 89.10 on 12 March 2009.
The large-cap stock had underperformed the market over the past one month till 20 October 2009, declining 8.25% as compared to the Sensex's 2.88% rise. It had outperformed the market in the past one quarter, gaining 32.66% as compared to the Sensex's return of 13.38%.
The company's equity capital is Rs 134.39 crore. Face value per share is Rs 2.
The current price of Rs 326.05 discounts the company's Q4 June 2009 annualized EPS of Rs 11.51, by a PE multiple of 28.33.
The retail banking solution will addresses the need of regional banks recovering from the recent economic and financial crisis, to achieve rapid information technologies (IT) enabled productivity gains in CRM amid increased competition in the retail and the fast growing wealth management sectors.
HCL Technologies had in September 2009 bagged a five-year transformational IT infrastructure management contracts aggregating $113 million from two power companies based in Texas, US.
HCL Technologies' net profit rose 26.46% to Rs 192.94 crore on 9.21% rise in net sales to Rs 1145.54 crore in Q4 June 2009 over Q3 March 2009. The company will declare its Q1 September 2009 results on 28 October 2009.
HCL Technologies is a global technology and software services company offering software services, business process outsourcing services and infrastructure management services.