HCLTech shares flat despite multiple partnership announcements

Shares of are in focus after it announced multiple partnerships. The stock traded flat at ₹1,674.60 on the NSE at 11.42 am, hitting a high of ₹1,694.90 against the previous close of ₹1,687.30.

Under the agreement, Carahsoft will serve as HCLTech’s Public Sector distributor, providing the Federal, State, Local and Education agencies in the US advanced mission-driven technology solutions through Carahsoft’s reseller partners and the National Association of State Procurement Officials (NASPO) ValuePoint, OMNIA Partners, E&I Cooperative Services Contract and The Quilt contracts.

The company has been chosen by Team Global Express, the largest multimodal logistics organisation in Australia and New Zealand, to accelerate digital transformation with AI-powered solutions.

Another regulatory filing revealed that the technology company has also parnerted with Carahsoft Technology Corp to accelerate digital transformation in the public sector.

Under the agreement, Carahsoft will serve as HCLTech’s public sector distributor, providing the Federal, State, Local and Education agencies in the US advanced mission-driven technology solutions through Carahsoft’s re-seller partners and National Association of State Procurement Officials (NASPO) ValuePoint, OMNIA Partners, E&I Cooperative Services Contract and The Quilt contracts. 

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