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As On 08-Dec-2022 EOD, Market Closed
SENSEX
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  • HCL Tech gains on inking multi-year deal with DSM

    HCL Technologies rose 1.87% to Rs 899.60 after the company announced the signing of a multi-year deal to drive the modernization of DSM's core IT business systems and transition to a product-based IT operating model.

    HCL will help accelerate the digital transformation of DSM, a purpose-led science-based global leader in health, nutrition and bioscience, with a cloud-first strategy, agile delivery and next generation security and network practice. By creating a seamlessly connected group-wide digital work environment, HCL will support DSM's sustainable product innovation efforts and growth ambitions. HCL's Fenix 2.0 digital execution framework will drive best practices and accelerate transformation at scale across DSM's business units and product lines.

    Ashish Kumar Gupta, chief growth officer, Europe and Africa, HCL Technologies, said: “We're delighted DSM chose HCL to support its digital transformation.

    DSM is a pioneer in responsible business and led by a purpose that is very much aligned with HCL's own culture, values, and commitment to supporting our global communities. This engagement is a testament to our successful track record in working closely with clients to support digital transformation across their business.”

    HCL Technologies (HCL) empowers global enterprises with technology for the next decade, today. HCL offers its services and products through three business units: IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Products & Platforms (P&P).

    The company reported 8.6% fall in consolidated net profit to Rs 3,283 crore despite a 3.8% rise in revenue to Rs 23,464 crore in Q1 FY23 over Q4 FY22. Compared with Q1 last year, net income rose 2.4% while topline jumped 16.9% in the first quarter.



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Flash News 08-Dec-2022
  •  ( 17:42) HUL forays in health & wellbeing category  
  •  ( 16:26) Bank stocks outperform as Nifty Bank hits record high  
  •  ( 16:26) Barometers end near the day's high after volatile session  
  •  ( 15:42) Ashok Leyland appoints Shenu Agarwal as CEO  
  •  ( 15:40) Trent to sell 3.22% in Tata Unistore to Tata Digital  
  •  ( 15:30) Kalpataru Power board OKs NCD issue of Rs 99 cr  
  •  ( 13:08) Kalyan Jewellers to expand retail footprint by over 30% in CY23  
  •  ( 12:34) Barometers turn range bound; Nifty hovers below 18,600; VIX down 1.91%  
  •  ( 12:09) Dredging Corporation bags reclamation dredging contract from NRL  
  •  ( 11:53) Talbros Automotive bags order worth Rs 60 crore  
  •  ( 11:13) Sun Pharma Gujarat plant gets import alert from USFDA  
  •  ( 11:09) Macrotech Developers launches QIP issue  
  •  ( 10:26) VA Tech Wabag appoints Pankaj Malhan as deputy MD & group CEO  
  •  ( 10:22) Dharmaj Crop Guard lists at Rs 266 v/s IPO price Rs 237  
  •  ( 10:12) Tvs Motor arm acquires entire stake in German co  
  •  ( 09:54) JSW Steel crude steel production jumps 16% YoY in November  
  •  ( 09:50) Eveready Inds appoints Bibek Agarwala as CFO  
  •  ( 09:39) HCL Tech tie-up with Intel and Mavenir to deliver 5G enterprise solutions  
  •  ( 09:30) Market breadth strong  
  •  ( 09:30) Barometers trade with minor cuts  
  •  ( 08:38) Most Asian stocks trading lower  
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08 December 2022 00:00
3220.75
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1619.95
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1274.10
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19803.65
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170.35
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217.75
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611.70
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1073.90
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7174.75
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403.70
(-0.68 %)
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