Shares of country's fourth largest software services provider by market cap HCL Technologies rebounded on Tuesday. In a clarification in response to rumours about management reshuffle, the company said Vineet Nayar would continue to act as vice chairman and CEO.
At 14:24 hours IST, the share was trading at Rs 475.45, up 1.26% after hitting an intraday high of Rs 476.75 and of Rs 462.25. .
Even its trading volumes increased 74% to 1,05,440 shares as compared to its 5-day average of 60,580 shares.
Market capitalisation of the company currently stands at Rs 32,954.03 crore.
Yesterday the share closed down 3.39% or Rs 16.50 at Rs 469.55.