HCL Infosystems surges 5% to Trade at a New 52 Week High

HCL Infosystems Ltd. is India’s Premier Distribution and IT Services and Solutions Company. HCL Infosystems’ has one of the largest sales & distribution network in the country and provides value added distribution for partners including last mile connect and support in marketing and promotions for Telecom, IT, Office Automation and Consumer Electronics products covering more than 15000 towns across 664 districts in India. The company’s distribution business has an unparalleled network that reaches more than 100,000 retail outlets, over 800 Direct and Micro Distributors and over 12400 Channel Partners across India.

Today HCL Infosystems surged over 5 per cent to trade at the new 52 week high of Rs. 63.85 on the NSE. The stock’s pervious 52 week high had been Rs. 63.30 on 28^th December 2015.

In the services space the Company has vigorous service offerings such as a comprehensive portfolio of Infrastructure Managed Services, Enterprise Application Services, System Integration Services, Office Automation Services, Managed Print Services, Life Cycle Services and After-Sales Support Services. HCL Learning, the Company’s learning solutions business, serves the complete range of education and training requirements across schools colleges, individuals and enterprises and offers Digital Content & Learning Solutions.

At 2:03 PM, HCL Infosystems share price was trading at Rs. 61.30, up by 1.07%. The stock had opened at Rs. 61 while in the previous trade it had closed at Rs. 60.65. So far, over one crore shares have changed hands on the NSE trading counter.

HCL Infosystems Ltd is in the Information Technology sector, having a market cap of Rs. 1,352.01 crores as on 9^th December 2016. It has reported consolidated sales of Rs. 1,001.62 crores and a net loss of Rs. 37.13 crores for the quarter ended September 2016. HCL Infosystems is the top 500 performing stock as identified by Dynamic Levels for the quarter. For the details on the stock, visit HCL Infosystems share price history page of Dynamic Levels website.