Mumbai, September 5 (Kiran News) — Shares of HCL Infosystems surged on Friday after the company announced it had completed the acquisition of the remaining 15% stake in its subsidiary Pimpri Chinchwad e-Services.
At 11:00 am, the stock was trading at ₹15.99, up 2.37% from its previous close of ₹15.62 on the BSE. The scrip opened at ₹15.80 and touched an intraday high of ₹16.12 and a low of ₹15.65. A total of 14,067 shares were traded on the counter.
The BSE ‘T’ group stock, with a face value of ₹2, has a 52-week high of ₹24.39 (May 20, 2025) and a 52-week low of ₹11.78 (Apr 7, 2025). Its current market capitalisation stands at ₹518.83 crore. Promoters hold 62.89%, while institutional and non-institutional investors own 0.01% and 37.10% respectively.
The company acquired 7,500 shares (15% stake) of Pimpri Chinchwad e-Services from Indo Enviro Integrated Solutions (formerly IL&FS Environmental Infrastructure and Services) at ₹1 per share. With this, Pimpri Chinchwad e-Services has become a wholly owned subsidiary of HCL Infosystems.
HCL Infosystems (HCLI) is one of India’s leading ICT system integrators and distribution companies.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
