HCL Infosystems will hold a meeting of the Board of Directors of the Company on 6 August 2020.

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HCL Infosystems Ltd fell 4.92% today to trade at Rs 9.66. The S&P BSE IT Sector index is down 0.64% to quote at 15888.9. The index is up 7.22 % over last one month. Among the other constituents of the index, Aptech Ltd decreased 2.58% and Subex Ltd lost 1.75% on the day. The S&P BSE IT Sector index went up 5.32 % over last one year compared to the 4.98% fall in benchmark SENSEX.

HCL Infosystems Ltd has added 22.28% over last one month compared to 7.22% gain in S&P BSE IT Sector index and 7.08% rise in the SENSEX. On the BSE, 30026 shares were traded in the counter so far compared with average daily volumes of 2.34 lakh shares in the past one month. The stock hit a record high of Rs 12.56 on 31 Jul 2019. The stock hit a 52-week low of Rs 3.2 on 26 Mar 2020.

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HCL Infosystems announced that the Annual General Meeting (AGM) of the company will be held on 29 September 2020.

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Net Loss of HCL Infosystems reported to Rs 70.94 crore in the quarter ended March 2020 as against net loss of Rs 43.90 crore during the previous quarter ended March 2019. Sales declined 73.99% to Rs 227.71 crore in the quarter ended March 2020 as against Rs 875.60 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 136.33 crore in the year ended March 2020 as against net loss of Rs 135.20 crore during the previous year ended March 2019. Sales declined 53.15% to Rs 1815.17 crore in the year ended March 2020 as against Rs 3874.62 crore during the previous year ended March 2019.

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