HCL Infosystems surges nearly 7 per cent on winning IAF order

The company's stock advanced by 6.61 per cent to Rs 108 on Bombay Stock Exchange, while on National Stock Exchange the stock surged by 7.23 per cent to Rs 109 a piece.
The company had yesterday received an order from the Indian Air Force to deploy Wideband CDMA-based portable wireless network.

According to the deal, the WCDMA network will provide backbone connectivity and ensure video interactivity for video calls, cross connectivity with other communication platforms like IP-based communication within the Air Force Network.

The new order was announced after the market hours yesterday.
Meanwhile, BSE benchmark index Sensex was trading 179.22 points down at 17,970.65 level at 1107 hrs.

Narendra Modi or Rahul Gandhi? Who will win the battle royale of the Lok Sabha Elections 2019


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