HCL Technologies, one of the leading software exporters, witnessed a rise in share price on Friday after it registered a growth of 28% in the consolidated net profit to Rs 19.15 billion for the quarter ended Dec. 31, 2014 as compared to Rs 14.96 billion in the same period last year. On quarter on quarter basis, it has posted a rise of 2.3% in the net profit.

Consolidated revenues has increased to Rs 92.83 billion for the quarter ended Dec. 31, 2014 from Rs 81.84 billion in the same period last year, representing increase of 13.43%. On quarter on quarter basis, it posted a rise of 6.3% in the revenues.

Board approves issue of bonus shares in the ratio of 1:1. This is with the objective to encourage participation of small investors, increasing the liquidity of the equity shares and expand the retail shareholder base.

Shares of the company gained Rs 158.55, or 9.63%, to trade at Rs 1,804.45 at the BSE (10.05 a.m., Friday).