HCL INFO Systems and JSW Energy

HCL Info system enters into Rs 110 crore contract with Gujarat Government for implementation of PC's based Biometric attendance and computer aided learning system for more than 7000 schools which comes under Tribal and under education department. HCL info system stock which was open in the price range of 149.55 touched its 52 month intra day high of 188 and the day's low of 152.65. At the beginning the company will implement this project by supplying PC's with biometric finger print scanner and ups for two districts. In addition the company will also offers facility management and it also runs teacher training programs to supply and implement robust education software effectively within the state.
JSW energy equity going to be listed in the NSE on january 4th of this month through initial public offerings. The stock was issued to retail investor at the price of Rs 95 at a discount of Rs 5 from its original issue price. The stock was over subscribed at 1.68 times as per data published in NSE website. It is estimated that the stock will trade in the range of Rs 100 to 115 for short term as the stock in the reserved portion of retail and non institutional investors remain under subscribed.

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