HCL Infosystems gained 12.54% to Rs 48.45 at 10:36 IST on BSE after the company announced signing an agreement with Apple India for distribution of iPhone and other Apple products.
The announcement was made after market hours yesterday, 21 August 2017.Meanwhile, the BSE Sensex was up 43.75 points, or 0.14%, to 31,302.60. The BSE Small-Cap index was down 83.96 points, or 0.54%, to 15,383.91.
On the BSE, 11.24 lakh shares were traded in the counter so far, compared with an average volume of 5.04 lakh shares in the past one quarter. The stock had hit a high of Rs 50.50 and a low of Rs 48.10 so far during the day. The stock had hit a 52-week high of Rs 64.85 on 25 January 2017. The stock had hit a 52-week low of Rs 39.20 on 21 November 2016.
The small-cap company has an equity capital of Rs 44.60 crore. Face value per share is Rs 2.
HCL Infosystems announced that the company has yesterday, 21 August 2017 signed a distributor agreement with Apple India for distribution of iPhones and other Apple products.
HCL Infosystems reported consolidated net loss of Rs 55.12 crore in Q1 June 2017, higher than net loss of Rs 35.70 crore in Q1 June 2016. Net sales fell 40.35% to Rs 684.23 crore in Q1 June 2017 over Q1 June 2016.
HCL Infosystems is India's premier IT services, solutions & distribution company.
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