HCL Tech shares jumps to 12-1/2 yr high

Nov 15 2012, 14:30 IST
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Shares in India's HCL Technologies gain 1.8 percent, after earlier hitting a session high. (Reuters) Shares in India's HCL Technologies gain 1.8 percent, after earlier hitting a session high. (Reuters)
SummaryShares in India's HCL Technologies gain 1.8 percent, after earlier hitting a session high.

* Shares in India's HCL Technologies gain 1.8 percent, 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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