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HCL Infosystems surges on the bourses

18 Nov 2011 Evaluate

HCL Infosystems is currently trading at Rs 51.85, up by 1.05 points or 2.07% from its previous closing of Rs 50.80 on the BSE.

The scrip opened at Rs 50.00 and has touched a high and low of Rs 53.30 and Rs 49.05 respectively. So far 25383 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 124.00 on 30-May-2011 and a 52 week low of Rs 49.05 on 18-Nov-2011.

Last one week high and low of the scrip stood at Rs 59.00 and Rs 49.05 respectively. The current market cap of the company is Rs 1132.23 crore.

The promoters holding in the company stood at 50.77% while Institutions and Non-Institutions held 38.19% and 11.04% respectively.

HCL Infosystems has completed the sale of entire equity stake in HCL Infinet, a wholly owned subsidiary to Tikona Networks on November 10, 2011. Consequently, HCL Infinet has ceased to be subsidiary of the company. Earlier, the company had signed an agreement for sale of its entire equity stake of HCL Infinet to Tikona Digital Networks on January 19, 2011.

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.

The July-September quarterly net profit of the company plunged 74.39% at Rs 12.15 crore against Rs 47.46 crore for the corresponding period last year. Net sales for the quarter under review dropped 5.80% to Rs 2787.57 crore against Rs 2959.37 crore in Q1, FY’11.

HCL Infosystems Share Price

13.07 -0.03 (-0.23%)
17-Apr-2026 16:59 View Price Chart
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