HCL Tech scrip hits 52-wk high on strong Q1 nos

MUMBAI, Oct 17: HCL Technologies scrip today gained nearly 4 per cent to hit one year high after the IT firm posted 78.1 per cent jump in net profit for the quarter ended September 30.After opening the trade on a strong note, shares of the company further jumped 3.67 per cent to a 52-week high of Rs 605.75 on the BSE.Similarly on the NSE, the scrip rose by 3.83 per cent to a 52-week high of Rs 584.50.�HCL Tech yet again reported strong set of results. HCL Tech, with end-to-end IT capabilities and a strong client mining ability, is clearly emerging as a front runner and outperforming many of its peers companies,� Angel Broking Research Analyst (IT) Ankita Somani said.HCL this morning posted 78.1 per cent jump in net profit at Rs 884.8 crore for the first quarter ended September 30.The company�s net profit stood at Rs 496.7 crore in the July-September quarter of 2011.HCL follows July-June fiscal year.(PTI)