HCL Infosystems soars 7% even as Apple decides to end agreement

HCL Technologies

Shares of HCL Infosystems surged over 7% in Thursday’s trade even as the company informed stock exchanges that its agreement for distribution of iPhone and other Apple Products will end on March 30, 2019, and will not be renewed by Apple India. The scrip climbed 7.4% to hit a high of Rs 38.45 on BSE.

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