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HCL Infosystems tanks 12% on bourses

Shares of HCL Infosystems on Wednesday dropped 12 percent after Tuesday's sharp rally as the hardware company said it is not aware of any development about its promoter intending to sell stake in the company.

HCL Infosystems rallies over 23% on buyout buzz

Shares of IT hardware company HCL Infosystems on Tuesday rallied over 23 percent amid reports that computer maker Lenovo is in talks to buy out promoter stake in the company.