HCL Technologies Ltd share price is in focus on July 3, 2026, after the company announced a strategic partnership with a Europe-headquartered Fortune Global 50 company.
Separately, HCL Technologies Ltd also provided an update regarding the acquisition of Jaspersoft, a business unit of Cloud Software Group.
HCL Technologies Ltd has announced the signing of a strategic partnership with a Europe-headquartered Fortune Global 50 company to establish an AI-driven operating model for transforming and managing the client's Global Digital Workplace and Enterprise Networks.
The agreement has an initial term from July 2026 to December 2031 and can be extended for an additional 5 years. During the initial term, the estimated value of the agreement is US$1.14 billion.
According to the company, the contract represents an entirely new business for HCL Technologies Ltd.
In a separate press release, HCL Technologies Ltd stated that the announcement is in continuation of its earlier communication dated December 22, 2025, regarding the acquisition of Jaspersoft, a business unit of Cloud Software Group.
As of July 3, 2026, at 10:26 AM, HCL Technologies Ltd share price was trading at ₹1,123.10 each on the NSE, up 4.17% from the previous close of ₹1,078.10. The stock opened at ₹1,127.10, touched an intraday high of ₹1,139.00, and a low of ₹1,115.10. The company's market capitalisation stood at ₹3,04,880.27 crore.
Over the past 1 week, HCL Technologies Ltd share price has gained 2.07%, compared with a 1.22% return by the Nifty 50 index.
The Nifty IT index was trading at 27,386.65, up 421.60 points (1.56%) from its previous close of 26,965.05. The index opened at 27,482.40.
HCL Technologies Ltd has secured a strategic partnership valued at an estimated US$1.14 billion during its initial term to deliver AI-driven digital workplace and enterprise network services. The company also provided an update related to its previously announced acquisition of Jaspersoft.
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Published on: Jul 3, 2026, 10:54 AM IST
Rakesh Deshmukh
Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.
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