Tech Mayor Shares HCL Technologies jumped nearly 5 percent in early trading on December 24 amid broad-based profits in the technology sector and reports that showed many blocks in stock.

CNBC-TV18 reported that 24.6 Lakh shares changed hands in several block transactions so far. The shares were reported to be traded with an average RS 1,279 per share, with a total transaction worth Rs 319.7 Crore.

CNBC-Awaaz, on December 23, reported that the company’s promoters were ready to buy 45 Lakh shares companies through the open market.

Baitor ordered for purchasing blocks was launched to 5 percent premium to the closing price on December 23, at Rs 1,227.30. Citi is said to be a broker for an agreement.

Stock reached the intraday highest Rs 1,283.40 in BSE, and at 9:36 hours, up 2.3 percent at Rs 1,254.20.

Most of the stock technology has traced stars over the past few months. HCL Technologies has risen by around 13 percent in the past month, and up more than 32 percent so far this year.

The IT Nifty index rose around 40 percent this year. The index is the only sectoral enhancer on NSE today in the choppy market. It rose around 0.8 percent, at 37,652 points, with all 10 shares in the index in green.

HCl Tech is the biggest enhancer on the IT Nifty index, followed by Coforge and Mphasis.

Meanwhile, the Nifty 50 index fell 0.24 percent at 17,032 points.

In other news for HCL Tech, on Wednesday, it signed a five-year agreement with Mexico-based global construction materials – Cemex, where it would provide the next generation of employee services made possible by digital transformation, increased automation and almost real. -Time analytics.

HCl and the Basic Bank of Germany’s Largest Cooperative – Deutsche Apotheker-und Arrztebank EG (ApoBank), in the second week of December signed an agreement with ATRUVIA AG to acquire IT Consulting Company Gesellschaft Für Banksysteme GmbH (GBS).

It is hoped that the transaction will be completed in January 2022, reporting the economic period. Following transactions, HCL Tech will have 51 percent of GBS shares while ApoBank will have 49 percent of the shares. The last currently has a 10 percent stake in GBS.