Compuage Infocom Limited enters into Authorized Service Provider Agreement With Lexmark

Compuage Infocom Limited has entered into Authorized Service Provider Agreement with Lexmark International (India) Private Limited (hereinafter referred to as "Lexmark") to provide Single-Function and Multifunction Laser Printers and related services all over the territory of India.

Founded in 1991, headquartered in Lexington, Kentucky and owned by large private equity companies namely APEC, PAC Asia and Legend Holdings, Lexmark is recognized as a global leader in print hardware, service, solutions and security by many of the technology industry's leading market analyst firms. Having a revenue of around USD 3.5 Billion, Lexmark creates innovative loT and ctoud-enabled imaging technologies that help customers in more than 170 countries worldwide achieve their vision of print simplicity, security, savings and sustainability.

This tie-up would help Compuage in adding further vatue to its existing services portfolio and expand the business to a higher level thereby increasing profitability by its nationwide reach.

Shares of Compuage Infocom Limited was last trading in BSE at Rs. 31.45 as compared to the previous close of Rs. 31.50. The total number of shares traded during the day was 89183 in over 675 trades.

The stock hit an intraday high of Rs. 32.70 and intraday low of 31.25. The net turnover during the day was Rs. 2837213.00.

Source : Equity Bulls

Keywords

CompuageInfocom INE070C01037 Lexmark AuthorizedServiceProviderAgreement LaserPrinters Service AllIndia