HCL Infosystems is currently trading at Rs 42.10, up by 1.10 points or 2.68% from its previous closing of Rs 41.00 on the BSE.
The scrip opened at Rs. 41.45 and has touched a high and low of Rs 42.15 and Rs 40.30 respectively. So far 62796 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 51.80 on 21-Feb-2012 and a 52 week low of Rs 34.90 on 12-Sep-2012.
Last one week high and low of the scrip stood at Rs 42.15 and Rs 38.50 respectively. The current market cap of the company is Rs 913.81 crore.
The promoters holding in the company stood at 50.77% while Institutions and Non-Institutions held 30.81% and 18.42% respectively.
In a bid to create a leaner structure and improve operational efficiency, IT firm HCL Infosystems is planning to spin off its 3 businesses -- hardware, learning and services -- into separate entities. In this regard, the company has received its board’s approval.
The company’s board has approved transfer of hardware solutions business, which includes personal computers, tablets and system integration business, to wholly-owned subsidiary HCL System Integration.
The learning business will be transferred to subsidiary HCL Learning, while the services business will go to a subsidiary called HCL Care.
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.
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