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HCLTech stock proceeds after ASN Bank selects as partner to support bank’s enterprise applications

News by Aliceblue News Desk

18 Dec 2025

HCLTech stock proceeds after ASN Bank selects as partner to support bank’s enterprise applications

Introduction

Leading global technology firm has partnered with a Dutch retail bank to modernize IT systems, support enterprise applications, consolidate services, and enhance customer experience through a multi-year digital transformation project.

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Share price movement of HCLTech

On December 18, 2025, HCL Technologies Ltd opened at ₹1,659.00, up 0.28% from its previous close of ₹1,654.40. The stock reached a high of ₹1,673.85 (1.19%) and a low of ₹1,653.45. By 1:23 PM, it traded at ₹1,660.00, a 0.34% increase, with a market cap of ₹4,50,468.41 crore.

HCLTech Partners with ASN Bank Digitally

HCLTech has been selected as a strategic partner by ASN Bank to drive digital transformation and enhance customer experience. The multi-year agreement focuses on modernizing and standardizing IT architecture.

HCLTech will support ASN Bank’s enterprise applications, consolidate IT services, simplify the vendor landscape, and enable a future-ready organization. The partnership strengthens HCLTech’s presence in the Dutch banking technology sector.

Stock performance of HCLTech for Period of 1 week, 6 months, and 1 year

HCL Technologies Ltd delivered a -1.04% return over the past week. It declined by 4.88% in the past six months and fell 15.6% over the past year.

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Shareholding pattern of HCLTech

ParticularsSep 2025Jun 2025Mar 2025
Promoter60.80%60.80%60.80%
FII16.60%18.60%19%
DII17.80%16.20%15.50%
Public4.40%4.20%4.40%
Others0.30%0.20%0.20%

About HCLTech

HCL Technologies Ltd (NSE: HCLTECH) is a global technology company with over 226,600 employees in 60 countries, delivering AI, digital, cloud, engineering, and software solutions across multiple industries, generating $14.2 billion revenue.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is HCL Technologies Ltd share price going up today?

A: HCL Technologies Ltd share price is rising after partnering with ASN Bank to modernize IT systems and support enterprise applications.

Q: What does HCL Technologies Ltd specialize in?

A: HCL Technologies Ltd specializes in AI, digital, cloud, engineering, and software solutions for multiple industries worldwide.

Q: What is the market capitalization of HCL Technologies Ltd?

A: The market capitalization of HCL Technologies Ltd is ₹4,50,468.41 crore as of December 18, 2025.

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