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HCL Infosystems soars on inking 3 year contract with NISPL

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

18 Feb 2015 Evaluate

HCL Infosystems is currently trading at Rs. 53.80, up by 3.00 points or 5.91% from its previous closing of Rs. 50.80 on the BSE.

The scrip opened at Rs. 54.50 and has touched a high and low of Rs. 55.30 and Rs. 53.55 respectively. So far 4,86,000 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 2 has touched a 52 week high of Rs. 94.50 on 22-Sep-2014 and a 52 week low of Rs. 22.90 on 18-Feb-2014.

Last one week high and low of the scrip stood at Rs. 55.30 and Rs. 44.80 respectively. The current market cap of the company is Rs. 1,199.00 crore.

The promoters holding in the company stood at 58.05%, while Institutions and Non-Institutions held 11.29% and 30.67% respectively.

HCL Infosystems, India’s premier IT Services and Distribution Company has signed a three year contract with NISPL, a subsidiary of Microsoft Mobile OY, to distribute Microsoft Lumia and Nokia first & feature devices and accessories across India. This will enhance the footprint of Microsoft Mobile devices across the Organized Trade and General Trade channels and rural India.

This engagement strengthens HCL Infosystems’ partnership with NISPL for distribution of mobile devices and is geared to trigger significant business growth and synergy for both companies. The partnership also enables both companies to explore new channels to enhance their last-mile connect.

HCL Infosystems is one of the largest distribution organizations in India in terms of revenue with a network of over 100,000 retail outlets, 800 direct distributors and 12,400 channel partners across 15,000 towns and 664 districts.

HCL Infosystems Share Price

13.07 -0.03 (-0.23%)

17-Apr-2026 16:59 View Price Chart

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HCL Infosystems soars on inking 3 year contract with NISPL

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