What to Watch. Will end of Apple deal bite HCL Infosystems?

Shares of HCL Infosystems may remain in focus, as its distribution agreement with Apple India will end on March 30, 2019. In 2017, the company had entered into a pact with Apple Inc to distribute Apple products, including the iPhone, in India. The company had reported a loss of ₹143.52 crore for the quarter ended March 2018 on revenues of ₹891.18 crore. For FY18, the loss for HCL Infosystems stood at ₹631.57 crore on revenues of ₹2,950.30 crore.