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BUZZ-India's HCL Infosystems surges on distribution agreement with Apple
August 22, 2017 / 4:36 AM / a month ago

BUZZ-India's HCL Infosystems surges on distribution agreement with Apple

** Shares of HCL Infosystems Ltd rise as much as 18.1 pct to their highest since July 27

** Co signs agreement with Apple India Pvt Ltd for the distribution of iPhones and other Apple products in India

** More than 4.6 mln shares change hands, exceeding the 30-day average of about 2.6 mln shares

** Stock had shed about 26 pct this year as of Monday’s close, compared with Nifty 500 index’s 21.9 pct rise

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