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As On 05-Mar-2021 EOD, Market Closed
SENSEX
50,405.32
-440.76 (-0.87%)
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14,938.10
-142.65 (-0.95%)
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  • HCL Tech rises over 7% in seven sessions

    HCL Technologies rose 0.55% to Rs 984.95, extending gains for seventh day in a row.



    The stock has added 7.09% in seven sessions from its recent closing low of Rs 919.75 recorded on 24 December 2020.

    In the past six months, the stock has zoomed 70.12% while the benchmark S&P BSE Sensex has added 33.78% during the same period.

    In a BSE filing made before market hours today, HCL Tech said that the proposed acquisition of DWS in Australia has completed.

    In September 2020, HCL Technologies announced its plans to acquire DWS, a leading Australian IT, business and management consulting group. "The acquisition of DWS will strongly enhance HCL's contribution to Digital initiatives in Australia and New Zealand while strengthening HCL's client portfolio across key industries,” HCL Tech said.

    The DWS Group, with FY20 revenue at A$ 167.9 million, provides a wide range of IT services including digital transformation, application development & support, program & project management and consulting. The acquisition was done by HCL Australia Services, a wholly owned step-down subsidiary of HCL Technologies at A$1.20 per share for total equity value pay-out at A$158.2 million.

    HCL Technologies 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 IT firm's consolidated net profit rose 7.23% to Rs 3,143 crore on 4.21% increase in revenue to Rs 18,594 crore in Q2 September 2020 over Q1 June 2020.

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Flash News 05-Mar-2021
  •  ( 15:55) Shilpa Medicare gets USFDA nod for arthritis drug  
  •  ( 15:54) Sun Pharma subsidiary to acquire 12.5% stake in WRS Bioproducts  
  •  ( 15:54) Indiabulls Housing allots $150 million foreign currency convertible bonds  
  •  ( 15:54) European shares trading lower  
  •  ( 15:53) Asian markts close on a negative note  
  •  ( 15:53) Nifty closes below 15,000 mark  
  •  ( 15:53) Coal India declares second interim dividend  
  •  ( 15:52) Sensex drops 440 pts amid weak global cues, firm crude oil prices  
  •  ( 14:13) BEML appoints Deloitte Haskins & Sells LPP as consultant for demerger of non-core assets  
  •  ( 13:35) The Nifty index holds its 15,000 mark  
  •  ( 13:34) Indices experience intense volatility; metal and bank stocks in demand  
  •  ( 11:34) PVR launches 6-screen property in Forum Centre City Mall, Mysuru  
  •  ( 11:28) Equity indices trade sideways with losses  
  •  ( 10:49) PNB Housing Finance, Yes Bank join hands to offer customized retail loans  
  •  ( 10:10) Heranba Industries lists at Rs 900 per share vs issue price of Rs 627 apiece  
  •  ( 09:52) Dilip Buildcon receives LoA for two Karnataka-based projects  
  •  ( 09:45) BCPL Railway Infrastructure bags a LoA from Railway Vikas Nigam  
  •  ( 09:29) Positive market breadth  
  •  ( 09:25) Nifty drops below 15,000   
  •  ( 09:24) ISGEC Heavy Engg. secures a deal from Shree Cement to set up boilers  
  •  ( 09:22) Wipro acquires London-based Capco for $1.45 billion  
  •  ( 09:19) Market trading lower in early trade  
  •  ( 08:15) OPEC+ extends most oil output cuts into April  
  •  ( 08:09) US stocks drop on Thursday as Powell fails to ease rate fears  
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05 March 2021 00:00
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2543.25
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1039.75
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208.75
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1923.75
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840.00
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383.80
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610.95
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959.50
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1474.65
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6810.25
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