HCL Infosystems lost 2.7% to Rs 88.40 at 14:11 IST on BSE on profit booking after gaining 20.81% in prior four trading days.
Meanwhile, the S&P BSE Sensex was down 117.24 points or 0.43% at 27,089.50
On BSE, so far 9.61 lakh shares were traded in the counter as against average daily volume of 9.02 lakh shares in the past one quarter.
The stock hit a high of Rs 93.50 and a low of Rs 87.05 so far during the day. The stock had hit a 52-week high of Rs 94.50 on Monday, 22 September 2014. The stock had hit a 52-week low of Rs 19.05 on 18 December 2013.
The stock had outperformed the market over the past one month till 22 September 2014, rising 10.32% compared with 2.98% rise in the Sensex. The scrip had also outperformed the market in past one quarter, surging 46.65% as against Sensex's 8.37% rise.
The small-cap company has equity capital of Rs 44.58 crore. Face value per share is Rs 2.
Shares of HCL Infosystems were on a roll recently, advancing 20.81% in four trading days to Rs 90.85 on 22 September 2014 from its recent low of Rs 75.20 on 16 September 2014.
On 19 September 2014, US investment management firm Van Eck Associates Corporation A/c Market Vectors Vietnam bought 18.19 lakh shares or 0.81% stake in HCL Infosystems at an average price of Rs 88.64 per share in a bulk deal on NSE.
HCL Infosystems reported net loss of Rs 198.03 crore in Q4 June 2014, higher than net loss of Rs 40.25 crore in Q4 June 2013. Net sales fell 30.1% to Rs 1377.65 crore in Q4 June 2014 over Q4 June 2013.
HCL Infosystems is India's premier technology company and offers a wide spectrum of IT services and products ranging from Cloud to Learning Solutions.
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