BSEMediumPositive
Announced Mon, 9 Jun · 16:06 IST
Enclosed please find a release on the captioned subject.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
HCLTech has opened its second delivery center in Kerala, located at Technopark in Thiruvananthapuram. The center will deliver projects in AI, GenAI, Cloud and emerging technologies for clients across industries. This follows the launch of the company's first Kerala delivery center in Kochi in October 2024. As context, HCLTech employs over 223,000 people across 60 countries and reported consolidated revenues of $13.8 billion for the 12 months ending March 2025.
Likely market impact
This is a routine capacity-expansion move and not expected to materially move the stock, but it reinforces HCLTech's hiring and delivery footprint in southern India and signals continued investment in AI and cloud capabilities.