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HCLTech: Stock jumps after strategic AI partnership with DIB

HCLTech has formed a strategic AI partnership with DIB to deploy advanced AI solutions across the bank’s operations, enhancing customer experience and strengthening risk and compliance frameworks.

Introduction

Leading global technology company partnered with DIB, the UAE’s largest Islamic bank, to deploy advanced AI solutions across operations, enhancing customer experience, decision-making, processes, and risk and compliance frameworks.

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Share price movement of HCLTech

On October 23, 2025, HCL Technologies Ltd opened at ₹1,500.80, up 0.87% from its previous close of ₹1,487.85. The stock reached a high of ₹1,540.50 (3.49%) and a low of ₹1,500.80. By 11:48 AM, it traded at ₹1,537.55, a 3.34% increase, with a market cap of ₹4,17,239.58 crore.

HCLTech Partners with DIB for AI

HCLTech has entered a strategic AI innovation partnership with DIB, the UAE’s largest Islamic bank. The collaboration aims to accelerate AI adoption across DIB’s operations and ecosystem.

The partnership was announced at GITEX GLOBAL 2025. DIB will leverage HCLTech’s AI Advisory, advanced capabilities, and alliances with hyperscalers and technology partners for scalable AI deployment.

Recent news on HCLTech

As of October 13, 2025, HCL Technologies Ltd announced an interim dividend of Rs 12 per share, marking its 91st consecutive quarterly payout, alongside Q2 FY26 earnings showing steady revenue growth.

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

HCL Technologies Ltd delivered a -1.91% return over the past week, declined 5.84% in the past six months, and dropped 19.5% 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%19.20%
DII17.80%16.20%15.50%
Public4.40%4.20%4.40%

About HCLTech

HCL Technologies Ltd (NSE: HCLTECH) is a global technology company with over 226,600 employees in 60 countries, providing AI, digital, cloud, engineering, and software solutions across major 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 rose after forming a strategic AI partnership with DIB to enhance banking operations and customer experience.

Q: What does HCL Technologies Ltd specialize in?

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

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

A: HCL Technologies Ltd has a market capitalization of ₹4,17,239.58 crore as of October 23, 2025.


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