 "Brokers trade at their computer terminals at a stock brokerage firm in Mumbai. Photo: Reuters")
HCL Infosystems surged 17% to Rs 50.50 on BSE in early morning trade after the company on Monday said it will distribute Apple products, including the iconic iPhone, in the Indian market.
“The Distributor Agreement for distribution of iPhone and other Apple Products has been signed with M/s Apple India Private Limited (M/s Apple),” HCL Infosystems said in a statement.
The company had said in July that it was in discussion with the US-based tech giant to distribute its products in India.
It had signed a non-disclosure agreement with Apple India on December 23, 2016, and had
“The Distributor Agreement for distribution of iPhone and other Apple Products has been signed with M/s Apple India Private Limited (M/s Apple),” HCL Infosystems said in a statement.
The company had said in July that it was in discussion with the US-based tech giant to distribute its products in India.
It had signed a non-disclosure agreement with Apple India on December 23, 2016, and had
