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28-Jun2017

HCL Infosystems inches up on entering into strategic partnership with Parablu

HCL Infosystems is currently trading at Rs. 44.60, up by 0.05 points or 0.11% from its previous closing of Rs. 44.55 on the BSE.

The scrip opened at Rs. 44.55 and has touched a high and low of Rs. 45.20 and Rs. 44.20 respectively. So far 130357 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 64.85 on 25-Jan-2017 and a 52 week low of Rs. 37.55 on 20-Jul-2016.

Last one week high and low of the scrip stood at Rs. 49.00 and Rs. 44.05 respectively. The current market cap of the company is Rs. 991.99 crore.

The promoters holding in the company stood at 58.04%, while Institutions and Non-Institutions held 3.93% and 38.03% respectively.

HCL Infosystems has entered into a strategic partnership with Parablu, a new-age cloud data protection and management solutions provider. Under the partnership, HCL Infosystems will offer Parablu's products and solutions including BluVault, a powerful data backup solution that protects on-premise data by backing it up to the Cloud. This technology enables enterprises to store business assets in the cloud while maintaining privacy, security and confidentiality of data. This partnership is in line with HCL Infosystems' focus on the Enterprise space and strengthening competencies in digital technologies such as Cloud, IOT and Analytics, to help its clients attain competitive advantage in today's dynamic business landscape.

HCL Infosystems is one of India's premier IT Services, Distribution and Digital Solutions Company, enabling organizations to attain and sustain competitive advantage by leveraging Information and Communication Technologies. It offers a comprehensive portfolio of capabilities spanning IT & System Integration services to value-added distribution of technology, mobility and consumer products.


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