Compuage Infocom enters into Distribution Agreement with Lexar; stock marginally up

15 Jul 2022 , 03:01 PM

Compuage Infocom Limited informed that it has entered into a Distribution Agreement with Lexar Co. Limited for offering memory and storage products to suffice the growing needs of the Indian market for these products having regard to the increasing demand for computers and their components.

For over 25 years, Lexar has been a trusted global brand name in flash memory solutions, with an award-winning lineup that includes memory cards, USB flash drives, solid-state drives, card readers, and DRAM. The company is dedicated to providing customers with appropriate solutions that meet their needs.

By including memory and storage brands in its portfolio, Compuage will be able to increase both its top line and bottom line while also reaching out to every city and partner in India.

Compuage Infocom was trading at Rs21.55 up by Rs0.05 or 0.23% from its previous closing of Rs21.50 on the BSE. The scrip touched day’s high and low of Rs21.75 and Rs21.05 respectively so far.