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HCL Infosystems jumps on entering into strategic alliance with Lenovo India

HCL Infosystems Ltd. | Trading | Miscellaneous | BSE: 500179 | NSE: HCL-INSYS

15 Jul 2014 Evaluate

HCL Infosystems is currently trading at Rs 61.50, up by 2.50 points or 4.24% from its previous closing of Rs 59.00 on the BSE.

The scrip opened at Rs 60.00 and has touched a high and low of Rs 61.70 and Rs 59.75 respectively. So far 91727 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs 2 has touched a 52 week high of Rs 75.90 on 01-Jul-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 72.40 and Rs 57.20 respectively. The current market cap of the company is Rs. 1314.99 crore.

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

HCL Infosystems, India’s Premier Distribution, IT Services and Solutions Company, has entered into a strategic alliance with Lenovo India that would strengthen Lenovo’s consumer retail and commercial business by leveraging HCL Infosystems’ strong sales, distribution and after-sales support network. The partnership is poised to trigger growth and extend businesses for both companies.

Under this partnership, HCL Infosystems will sell and support Lenovo’s entire portfolio of PCs and Tablets, as well as enhance their existing cooperation in the distribution of tablets, through its wholly owned subsidiary - Digilife Distribution and Marketing Services (DDMS), the distribution arm of the company with an exhaustive last mile connect and support in rural markets and urban markets across India.

HCL Infosystems is currently one of the top 3 distributors in India in terms of revenue with a distribution network comprising 1,00,000+ retail outlets, 800+ direct and micro-distributors and over 400 channel partners across 15,000 towns and 664 districts in India.

HCL Infosystems Share Price

13.07 -0.03 (-0.23%)

17-Apr-2026 16:59 View Price Chart

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HCL Infosystems jumps on entering into strategic alliance with Lenovo India

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