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HCL Tech jumps to 12-1/2 yr high

Nov 15 2012, 12:29 IST
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SummaryShares in HCL Technologies gained 1.8%, their highest since March 2000.

Shares in India's HCL Technologies gained 1.8 per cent, after earlier hitting a session high at 629.85 rupees, their highest since March 2000.

Gains come despite a 1.7 percent fall in the broader NSE IT sub-index on hopes the software services exporter is well placed to win deals in the infrastructure sector, as has been typical in recent years, traders say.

HCL Technology last month posted a 78 percent jump in July-September net profit from a year earlier.

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