HCL Tech Share Price Live Updates: HCL Tech shares in focus after Volvo Cars picks firm for end-to-end engineering services
13 Jun 2025 | 08:40:29 AM IST Join us on the HCL Tech Stock Liveblog, your hub for real-time updates and comprehensive analysis on a prominent stock. Stay in the know with the latest information about HCL Tech, including: Last traded price 1701.2, Market capitalization: 442897.28, Volume: 3607962, Price-to-earnings ratio 25.47, Earnings per share 64.08. Our liveblog provides a well-rounded view of HCL Tech by incorporating both fundamental and technical indicators. Be the first to receive breaking news that can impact HCL Tech's performance in the market. Our expert analysis and recommendations empower you to make informed investment choices. Stay informed and stay ahead with the HCL Tech Stock Liveblog. The data points are updated as on 08:40:29 AM IST, 13 Jun 2025 Show more
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HCLTech shares in focus after expanding Salesforce partnership for agentic AI
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HCLTech shares in focus after expanding Salesforce partnership for agentic AI
HCLTech shares will be in focus on Friday after the company announced an expanded partnership with cloud major Salesforce to drive enterprise adoption of agentic artificial intelligence (AI) solutions. ADVERTISEMENT In an exchange filing on Thursday, HCLTech said the partnership aims to accelerate the use of autonomous AI agents via Salesforce Agentforce across industries such as financial services, healthcare, retail, and manufacturing. Also Read: Street Favourite! 10 Nifty micro-cap stocks analysts expect to rally up to 60% Earlier this week, HCLTech also announced a strategic alliance with AMD to support enterprise digital transformation globally. Under the partnership, joint development centres will test advanced technologies and conduct proof-of-concept evaluations to speed up innovation in AI, digital, and cloud solutions. Additionally, the IT firm recently entered into a long-term agreement with European energy major to support its product-based transformation using advanced cloud and AI technologies. As part of the deal, HCLTech will build a new private cloud and manage global cloud and network infrastructure across major hyperscalers. The collaboration will leverage HCLTech's AI Force platform to scale automation and enhance cloud maturity. Also Read: HDB Financial Services IPO: Should you subscribe? Here's what brokerages say HCLTech also secured an engineering services contract with Swedish truck maker Volvo Group. The company will support Volvo's future engineering initiatives from its Automotive Centre of Excellence in Gothenburg, as well as from its global offshore and nearshore delivery centres. ADVERTISEMENT Also Read: These 10 multibagger penny stocks surged 200-570% in last 1 year. Do you own any? According to Trendlyne data, the average target price for HCLTech is Rs 1,670, suggesting a potential downside of around 3% from current levels. Among the 44 analysts tracking the stock, the consensus rating is 'Hold'. ADVERTISEMENT HCLTech shares closed 0.4% higher at Rs 1,723.7 on the BSE in Thursday's trade. While the stock has gained 19% over the past 12 months, it remains down 10% so far this year. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
