HCL Tech inches up after expansion in Canada
HCL technologies IS one of the leading innovative technology solution providers. Now, this company is currently inching up 0.6%, Rs. 563.95 after expansion in Canada. Aftermarket hours this company has stated that after getting an expansion in Canada, they are going to focus on more advanced technology and enhance their global presence in upcoming years. From 10 years, this company is supporting other tech companies in Canada and grow in the digital age.
What will we see in the next few years?
To develop framework and technologies to increase the business performance, this company has worked with the most reputed Canada companies Fortune 500 and G2000 Canadian. This firm has also joined hands with Opportunities New Brunswick to develop the growth rate. ONB offers guidance to HCL in terms of growth and development. After seeing the growth, this company has also anticipated that it will hire 300 employees in the next years.
How is this expansion beneficial for the investors?
After this expansion, the stock values of this company has grown, and investors are showing interest to buy the stock of this company. All in all, this expansion is going to take this company to the next level. The net rose profit of this company is 21.57% to Rs. 2,711 crore on 6.7% increase in the next sales for Rs. 17,527 Crore. If you are looking for a company which is doing good in the market and gives you a better return of the investment, then you should buy the stock of HCL technologies. Because in the upcoming years and months, this company will gain huge acceptance in the market in terms of sales and generate huge profit.
HCL technology has maintained its ten years of success record after expansion in Canada. It is one of the most reputed and leading IT solutions providing firms. It’s a perfect opportunity for investors who are looking to buy the stocks of the tech company. You will get a better return on investment if you buy/sell the shares of this company.