Major technology stocks including Tech Mahindra, TCS hit 52-week high

13 stocks on the BSE IT index hit a 52-week high, companies like Tata Elxsi, Tech Mahindra, Mindtree, Cummins India, Wipro, NIIT, Infosys, TCS, HCL Tech and eClerx Services.

Major Technology Stocks Including Tech Mahindra HCL and TCS Hit 52-Week High. The tech centres, like Mahindra, contributed an IT index of about 2 per cent, while Infosys conjured 3 per cent and HCL Tech accounted for 4 per cent reach.

The estimated report from CLSA claims to elevate a target of Rs 1,320 from Rs 11,80 a share. After which the sector also proclaimed a buy call on the stock in HCL Technologies.

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The stock was evaluating at Rs 1,156.05, up to Rs 38.90, or 3.48 per cent. It has touched a 52-week high of Rs 1,167.85. It has touched an intraday high of Rs 1,167.85 and an intraday low of Rs 1,126.10. The firm also confirmed a five-year collaboration with a German multinational chain Wacker Chemie AG on August 17.
The main aim is to establish a modernised and improvised workplace to ensure quality services.

TCS is reported to have a round of 2 per cent as the stock conjectured Rs 13 lakh crore market cap.

“TCS was ranked number one for breadth and depth of offerings and delivery excellence and among the top two for scale and experience, expertise, as well as strategy and vision,” it said.

13 stocks on the BSE IT index hit a 52-week high, companies like Tata Elxsi, Tech Mahindra, Mindtree, Cummins India, Wipro, NIIT, Infosys, TCS, HCL Tech and eClerx Services.