Sep 10, 2013, 08.44 PM IST | Source: PTI

HCL Tech bags contract from UK-based Anglo American

The scope of service covers end-to-end infrastructure services, including data centre and hosting services, local area network and security management and on-site IT services, the statement said.

IT major HCL Technologies has bagged a contract from UK-based mining company Anglo American for delivering IT services for the latter's businesses across the globe.

Also read: TCS most valuable IT services company by market cap

"As a part of this contract, HCL will transform Anglo American's end user computing and data center landscape to improve operational efficiency, business agility and the user experience," HCL Technologies said in a statement.

The company, however, did not reveal financial details of the contract.

The scope of service covers end-to-end infrastructure services, including data centre and hosting services, local area network and security management and on-site IT services, the statement said.

HCL will leverage its enterprise of the future framework to continuously upgrade and evolve Anglo American's IT services and infrastructure for users across multiple locations, it said.

The mining businesses of Anglo American spans iron ore and manganese, metallurgical coal and thermal coal, base metals, and precious metals and minerals. It is listed on London and Johannesburg stock exchanges.

Shares of HCL Technologies today jumped by over 4 percent to close at Rs 1,059.85 on the BSE.

HCL Tech stock price

On April 16, 2014, HCL Technologies closed at Rs 1409.40, down Rs 15.05, or 1.06 percent. The 52-week high of the share was Rs 1588.65 and the 52-week low was Rs 673.60.


The company's trailing 12-month (TTM) EPS was at Rs 69.61 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 20.25. The latest book value of the company is Rs 146.30 per share. At current value, the price-to-book value of the company is 9.63.

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