HCL Tech shares soar 6% after $1B AI deal

HCL Tech shares soar 6% after $1B AI deal

HCL Technologies has witnessed a major spike in its share price, rising as much as 6% to an intraday high of ₹1,139 on the BSE today.

This comes after the company announced a strategic partnership with a European Fortune Global 50 firm, likely to be Mercedes-Benz.

The deal is worth $1.14 billion and will see HCL manage the client's digital workplace and networks over an initial term from July 2026 to December 2031.