HCL Infosystems rises on plan to transfer computing products manufacturing business

27 Jun 2012 Evaluate

HCL Infosystems is currently trading at Rs. 41.50, up by 0.15 points or 0.36% from its previous closing of Rs. 41.35 on the BSE.

The scrip opened at Rs. 41.85 and has touched a high and low of Rs. 42.05 and Rs. 41.45 respectively. So far 27819 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 93.00 on 07-Jul-2011 and a 52 week low of Rs. 38.80 on 30-Dec-2011.

Last one week high and low of the scrip stood at Rs. 42.30 and Rs. 40.70 respectively. The current market cap of the company is Rs. 924.95 crore.

The promoters holding in the company stood at 50.77% while Institutions and Non-Institutions held 33.07% and 16.16% respectively. 

HCL Infosystems has received an approval to transfer computing products manufacturing and channel business which includes the manufacturing undertaking and the channel undertaking to a wholly owned subsidiary/group/affiliate/other entity. The board at its meeting held on June 26, 2012 has approved for the same.

Further, the above is subject to the approval of the shareholders pursuant to the provisions of the Companies Act, 1956.

HCL Infosystems is one of the leading ICT system integrator and distribution company. It has wide range of products and services such as IT products, solutions and related services, which include PCs, servers, imaging, voice and video solutions, networking products, TV and FM broadcasting solutions, communication solutions, system integration, ICT education and training, digital lifestyle solutions and peripherals.

HCL Infosystems Share Price

16.14 0.25 (1.57%)
23-Dec-2024 15:42 View Price Chart
Peers
Company Name CMP
Redington 205.10
Adani Enterprises 2341.95
Amrapali Industries 17.38
Rashi Peripheral 413.85
Compuage Infocom 3.05
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.