HCL Infosystems gains as its arm enters into overseas markets

HCL Infosystems is currently trading at Rs 70.40, up by 1.30 points or 1.88% from its previous closing of Rs 69.10 on the BSE.

The scrip opened at Rs 69.85 and has touched a high and low of Rs 71.35 and Rs 69.20 respectively. So far 370660 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs 2 has touched a 52 week high of Rs 74.35 on 04-Jun-2014 and a 52 week low of Rs 19.05 on 18-Dec-2013.

Last one week high and low of the scrip stood at Rs 74.35 and Rs 64.50 respectively. The current market cap of the company is Rs 1543.44 crore.

The promoters holding in the company stood at 58.28%, while Institutions and Non-Institutions held 8.60% and 33.12% respectively.

HCL Learning, a wholly owned subsidiary of HCL Infosystems, India’s Premier Distribution and IT Services and Solutions Company has entered into international markets by developing customized content and tying up with leading educational service providers and schools in Nepal, Middle East and Africa. HCL Learning has the entire gamut of education and training offerings across schools, colleges, individuals and enterprises.

After empowering over 4000 schools and 4 million students in India, the company’s flagship product “DigiSchool” has been introduced in 11 International schools in Middle East and Africa. This interactive classroom solution of HCL Learning would benefit more than 22,000 students. Some of the prominent schools which have tied up with HCL Learning are DPS Ghana, Indian Language School Nigeria, DPS Academy Dubai, Indian School - Al Wadi Al Kabir and Euro School, Nepal.

HCL Learning has strengthened its footprint presence in overseas markets by developing customized content at its content development center in Mumbai and tying-up with leading educational service providers to cater to the local needs of its overseas customers. HCL Learning Development Center (HLDC), which operates out of Mumbai, has 130 full-time resources in its skill-group based development team for developing custom content and K-12 products content.

HCL Infosystems is one of the leading ICT system integrator and distribution company. It has wide range of products and services such as IT products, solutions and related services, which include PCs, servers, imaging, voice and video solutions, networking products, TV and FM broadcasting solutions, communication solutions, system integration, ICT education and training, digital lifestyle solutions and peripherals.