HCLTech Ltd shares touched a day high of Rs 1,202.60 on 7 October. The firm later said it opened a Johannesburg HQ in South Africa.
The office is in Sandton, Johannesburg’s main business district. HCL Technologies, or HCLTech, wants it to be the base for its work across South Africa and the wider region.
Inside sits an AI Centre of Excellence. In plain terms, it is a demo space where companies can see HCLTech’s artificial intelligence services up close and work out where such tools could fit in their own operations.
The offering runs from advice on using AI to building and running the systems themselves.
The site will also train young tech workers. A graduation ceremony for learners finishing the company’s annual skills programme is part of the launch.
Over the last five years, HCLTech has backed nearly 500 students and learners in the country. About 50 later joined the firm full time.
It also works with the University of Johannesburg, University of Pretoria and North-West University. Its digital literacy courses have reached more than 20,000 people.
Sandeep Saxena, the company’s Chief Growth Officer for Growth Markets 2, said HCLTech has worked in South Africa for over 15 years and plans to deepen that presence.
Senior leaders marked the opening with a ceremony at the Johannesburg Stock Exchange.
The Noida-based IT major employs more than 223,000 people across 60 countries. Revenue for the 12 months ended June 2026 stood at $14.8 billion.
The board meets on 12 October to consider financial results. The latest interim dividend, Rs 12 per share, went ex on 17 July.
On NSE, the stock closed at Rs 1,185.00, down 1.61% or Rs 19.40 from the previous close of Rs 1,204.40.
It opened at Rs 1,196.10 and dipped to a low of Rs 1,172.80. The shares are down 27.50% so far this year and 17.33% over one year.
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