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HCL Infosystems soars 5% on tie-up with Microsoft
Source: IRIS | 18 Feb, 2015, 10.53AM
Rating: NAN / 5 stars.
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HCL Infosystem, India's leading hardware, services and ICT systems integration company, witnessed a rise in share price on Wednesday after NISPL (subsidiary of Microsoft Mobile OY) and HCL Infosystems, India's premier IT services and distribution company has signed a contract that will enhance the footprint of Microsoft Mobile devices across the organized trade and general trade channels and rural India.

This engagement strengthens HCL Infosystems' partnership with NISPL (subsidiary of Microsoft Mobile OY) for distribution of mobile devices and is geared to trigger significant business growth and synergy for both companies. The partnership also enables both companies to explore new channels to enhance their last-mile connect.

Shares of the company are trading at Rs 53.25, up Rs 2.45, or 4.82% at the Bombay Stock Exchange (BSE) on Wednesday at 10:49 a.m.

The scrip has touched an intra-day high of Rs 55.30 and low of Rs 52.80. The total volume of shares traded at the BSE is 1,020,782.

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