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MarketScreener Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  HCL Technologies Limited    HCLTECH   INE860A01027

HCL TECHNOLOGIES LIMITED

(HCLTECH)
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HCL TECHNOLOGIES : RECEIVES MULESOFT'S APAC GROWTH AND EMERGING PARTNER OF THE YEAR AWARD 2019

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09/05/2019 | 09:26am EST

HCL Technologies, a leading global technology company, announced that it has been awarded with MuleSoft's APAC Growth and Emerging Partner of the Year Award for 2019.

HCL won the award based on its success in achieving the highest growth in terms of MuleSoft training, certifications, new customer opportunities and project implementation.

'Our partners are playing an unprecedented role in helping our customers drive digital transformation,' said Brent Hayward, Senior Vice President of Global Channels and Alliances, MuleSoft. 'The MuleSoft partner ecosystem continues to more than double in size each year led by these award winners who are providing our joint customers with the skills necessary for success, creating centers for enablement to accelerate adoption, and supporting organizational change needed to change the clock speed of business. We are excited to celebrate the success of our partners as they continue to drive the adoption of application networks and look forward to our continued growth in the coming year,' added Hayward.

MuleSoft Partner Awards showcases top partners who have achieved outstanding outcomes in 2018, which is the assessment year for the award. The awards recognize partners who demonstrate excellence in providing innovative solutions, value to customers, and rapid scale through training and certifications. With its API-led (Application Programming Interface) approach to connectivity, MuleSoft's market-leading Anypoint Platform is enabling over 1,000 organizations in more than 60 countries to build application networks.

'We are excited and honoured to be recognized as MuleSoft's APAC Growth and Emerging Partner of the Year.' said Anand Birje, Corporate Vice President and Head - Digital & Analytics, HCL Technologies. 'Our investment in creating innovative solutions, as well as building the right talent has helped us enable business transformation for our clients. Having a strong partner like MuleSoft is one of the factors in this success.'

The winners of the annual global MuleSoft Partner Awards were recognized at MuleSoft CONNECT Sydney 2019, the premier conference for accelerating digital transformation, where CIOs, IT leaders, developers and partners come together to build a connected future with Anypoint Platform demos, hands-on workshops, breakout sessions and networking opportunities.

About HCL Technologies

HCL Technologies (HCL) empowers global enterprises with technology for the next decade today. HCL's Mode 1-2-3 strategy through its deep-domain industry expertise, customer-centricity and entrepreneurial culture of ideapreneurship enables businesses transform into next-gen enterprises.

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). ITBS enables global enterprises to transform their businesses through offerings in areas of Applications, Infrastructure, Digital Process Operations and next generational digital transformation solutions. ERS offers engineering services and solutions in all aspects of product development and platform engineering while under P&P, HCL provides modernized software products to global clients for their technology and industry specific requirements. Through its cutting-edge co-innovation labs, global delivery capabilities and broad global network, HCL delivers holistic services in various industry verticals, categorized under Financial Services, Manufacturing, Technology & Services, Telecom & Media, Retail & CPG, Life Sciences & Healthcare and Public Services.

As a leading global technology company, HCL takes pride in its diversity, social responsibility, sustainability and education initiatives. As of 12 months ended June 30, 2019, HCL has a consolidated revenue of US$ 8.9 billion and its 143,900 ideapreneurs operate out of 44 countries. For more information, visit www.hcltech.com

(C) 2019 Electronic News Publishing, source ENP Newswire

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Financials (INR)
Sales 2020 702 B
EBIT 2020 133 B
Net income 2020 104 B
Finance 2020 87 696 M
Yield 2020 1,75%
P/E ratio 2020 15,0x
P/E ratio 2021 13,4x
EV / Sales2020 2,09x
EV / Sales2021 1,88x
Capitalization 1 558 B
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Mean consensus OUTPERFORM
Number of Analysts 38
Average target price 1 233,24  INR
Last Close Price 1 148,35  INR
Spread / Highest target 23,3%
Spread / Average Target 7,39%
Spread / Lowest Target -21,6%
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NameTitle
C. Vijayakumar President & Chief Executive Officer
Shiv Nadar Chairman, Chief Strategy Officer & MD
Prateek Aggarwal Chief Financial Officer
Hanumantha Rao Gade President-Engineering, R&D Services
Robin Ann Abrams Independent Non-Executive Director
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