HCL Tech: As soon as the market closed, the company gave information about a big deal, keep an eye on the stock

HCL Technologies Limited (HCL Tech) informed after market close on Monday that the company has announced a strategic partnership with Western Union to promote innovation and transformation in the financial services industries. The company said in an exchange filing that Western Union has entered into a strategic partnership with HCL Tech to transform its AI-based platform operating model.
The company said that Western Union will leverage HCL Tech's AI-powered solutions, FENIXAI and AI Force, to accelerate Western Union's transformation to a platform-centric operating model.

Western Union will use HCL Tech's cutting-edge digital, cloud and AI solutions to enhance platform and channel capabilities, providing seamless and innovative experiences to customers.

HCL Tech's proven track record in digital engineering will accelerate Western Union's work, enabling it to redefine its technology landscape. Share performance On Monday, the company's stock closed at Rs 1,602.85 with a gain of 2.31 per cent. In the last one year, the company's stock has seen a gain of 2.60 per cent.

Read More: Sensex Closing bell: Sensex-Nifty closed improving from lower levels, action was seen in these stocks throughout the day