Shares of IT hardware firm HCL Infosystems today jumped by nearly 7% in the morning trade on BSE after the company bagged a Rs 300-crore order from the Indian Air Force.
The company's stock advanced by 6.61% to Rs 108 on Bombay Stock Exchange, while on National Stock Exchange the stock surged by 7.23% to Rs 109 a piece.
The company had yesterday received an order from the Indian Air Force to deploy Wideband CDMA-based portable wireless network.
According to the deal, the WCDMA network will provide backbone connectivity and ensure video interactivity for video calls, cross connectivity with other communication platforms like IP-based communication within the Air Force Network.
The new order was announced after the market hours yesterday.
Meanwhile, BSE benchmark index Sensex was trading 179.22 points down at 17,970.65 level at 1107 hrs.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
