Buoyed by the strong third quarter earnings, shares of IT giant HCL Technologies
soared nearly 5 per cent, hitting 52-week high, on Bombay Stock Exchange (BSE)
after it joined Infosys and Tata Consultancy Services in registering strong
quarterly results and signalling an outsourcing pickup.
The company has reported a growth of 68.5 per cent in its net
profit year-on-year at Rs 965 crore for the quarter ended December 31, 2012,
compared to Rs 573 in the same quarter of last fiscal.
Cheering the numbers, shares of the company started the day on
the positive note and witnessed a gain of as much as 4.92 per cent and touched
52-week high to trade at Rs 707.45 a piece on the BSE.
In a similar fashion, shares of the company were quoting at Rs
699.00 a piece, up 3.74 per cent on the National Stock Exchange (NSE).
Meanwhile, the broader benchmark Sensex was quoting at
19,822.83, up 5.20 points or 0.03 per cent at 9:24 hours
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