The stock has risen more than 60% during the last 3 months. On Dec 11 the scrip was hovering around Rs.21 levels and the run up to Rs.36 was pretty fast and furious. While the Nifty rose just 3.23% during last 3 months, BSE Sensex as well as BSE 50 rose 3.3% during the same period, this scrip vaulted giving astounding returns to the investors !
Company Back ground :
HCL Infosystems Limited is an information and communication technology (ICT) company. It is engaged in developing and implementing ICT solutions for diverse market segments. It operates in three segments: computer systems and other related products and services, telecommunication and office automation, and Internet and related services.
The computer systems and other related products and services consists of manufacturing of computer hardware systems, providing comprehensive systems integration, roll out and infrastructure management solutions. This segment also provides information technology (IT) services, including maintenance, facility management and ICT training. On November 10, 2011, it sold its equity stake in HCL Infinet Ltd. Consequently, HCL Infinet Ltd has ceased to be subsidiary of the Company. In August 2012, the Company, through its subsidiary HCL Insys Pte. Ltd., bought the remaining 40% interest held by the NTS Group in HCL Infosystems MEA FZCo.
What Next ?
With the market entering bullish zone all the small and mid cap shares are seeing re-rating and scaling new highs each passing day. HCL Info may stay subdued in the days to come, taking a pause to jump higher and higher. For the time being our Team suggests to adopt a Sell on Rise SOR strategy for playing safe in this volatile counter.
Ravina Consulting
No.24 Pattamal Plaza
3rd Cross Kamannahalli
BANGALORE 560048
For Stock Advise + Ideas
mail to intellinvestor@gmail.com
Talk / SMS 08105737966
Visit - www.ingeniousinvestor.in
Follow us - www.twitter.com/smartinvestor
Company Back ground :
HCL Infosystems Limited is an information and communication technology (ICT) company. It is engaged in developing and implementing ICT solutions for diverse market segments. It operates in three segments: computer systems and other related products and services, telecommunication and office automation, and Internet and related services.
The computer systems and other related products and services consists of manufacturing of computer hardware systems, providing comprehensive systems integration, roll out and infrastructure management solutions. This segment also provides information technology (IT) services, including maintenance, facility management and ICT training. On November 10, 2011, it sold its equity stake in HCL Infinet Ltd. Consequently, HCL Infinet Ltd has ceased to be subsidiary of the Company. In August 2012, the Company, through its subsidiary HCL Insys Pte. Ltd., bought the remaining 40% interest held by the NTS Group in HCL Infosystems MEA FZCo.
What Next ?
With the market entering bullish zone all the small and mid cap shares are seeing re-rating and scaling new highs each passing day. HCL Info may stay subdued in the days to come, taking a pause to jump higher and higher. For the time being our Team suggests to adopt a Sell on Rise SOR strategy for playing safe in this volatile counter.
Smart Investor
Equity Research DivisionRavina Consulting
No.24 Pattamal Plaza
3rd Cross Kamannahalli
BANGALORE 560048
For Stock Advise + Ideas
mail to intellinvestor@gmail.com
Talk / SMS 08105737966
Visit - www.ingeniousinvestor.in
Follow us - www.twitter.com/smartinvestor
