Tenneco's HCL Tech Bags Deal; Stocks gain almost 2%

At 10:35 am shares of HCL Tech were trading up 1.9% at Rs 1.002 on BSE

HCL Technologies (HCL) announced agreement with Tenneco Inc, one of the world’s leading Fortune 500 Tier 1 automotive suppliers and manufacturers, for a multi-year integrated application development, modernization and operations services contract . As part of this commitment, HCL will help Tenneco improve its IT simplification, modernization and transformation journey while helping to reduce technical complexities and support the global portfolio of IT applications, HCL Tech said in a statement. regulatory filing with stock exchanges after market hours Wednesday.

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“This agreement is a great endorsement of HCL’s next-generation application services and its ability to drive major transformations. We look forward to delivering value to this relationship, driving critical technology transformation, and helping Tenneco achieve business success. Ajay Bahl, EVP, HCL Technologies said.

HCL Technologies is a leading global technology company providing services and products through three business units, including IT and Business Services (ITBS), Engineering and R&D Services (ERS), and Products and Platforms. shapes (P&P).

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At 10:35 am, shares of HCL Tech were trading up 1.9% at Rs 1,002 against a 0.4% rise in BSE Sensex.

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