HCL Tech rises 5% on good Q4 results

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HCL Tech rises 5% on good Q4 results

HCL Technologies has reported net profit at Rs 342 crore in Q4FY10 as against Rs 344 crore, as per US GAAP, reports CNBC-TV18. It touched an intraday high of Rs 395.85 and an intraday low of Rs 374.65. At 09:03 hrs the share was quoting at Rs 390.90, up Rs 18.35, or 4.93% on the NSE.

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HCL Technologies touched an intraday high of Rs 395.85 and an intraday low of Rs 374.65. At 09:03 hrs the share was quoting at Rs 390.90, up Rs 18.35, or 4.93% on the NSE.

The company has announced its results for the quarter ended June 2010. It has reported net profit at Rs 342 crore in Q4FY10 as against Rs 344 crore, as per US GAAP. Revenue increased to Rs 3,425 crore from Rs 3,076 crore, reports CNBC-TV18.
 
It was trading with volumes of 197,327 shares. Yesterday the share closed down 2.09% or Rs 7.95 at Rs 372.55.