Infosys moves up on completing acquisition of oddity
Infosys is currently trading at Rs. 1597.00, up by 9.15 points or 0.58% from its previous closing of Rs. 1587.85 on the BSE.
The scrip opened at Rs. 1595.05 and has touched a high and low of Rs. 1605.00 and Rs. 1589.20 respectively. So far 78407 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1953.70 on 17-Jan-2022 and a 52 week low of Rs. 1311.80 on 14-May-2021.
Last one week high and low of the scrip stood at Rs. 1650.90 and Rs. 1550.40 respectively. The current market cap of the company is Rs. 671816.16 crore.
The promoters holding in the company stood at 13.11%, while Institutions and Non-Institutions held 50.40% and 20.65% respectively.
Infosys has completed the acquisition of oddity, a Germany-based digital marketing, experience, and commerce agency. The acquisition further strengthens Infosys’ creative, branding and experience design capabilities, and demonstrates its continued commitment to co-create with clients, and help them navigate their digital transformation journey. oddity brings to Infosys a comprehensive service portfolio comprising digital-first brand management and communication, in-house production, including virtual and augmented reality, experience design and e-commerce services as well as its metaverse-ready set-up across Europe.
Together with Infosys’ earlier acquisition of WONGDOODY, which offers creative and marketing services, oddity will help global CMOs, and businesses thrive in a digital commerce world with complementary skills and expertise. As part of Infosys’ digital experience and design offering, oddity will become part of WONGDOODY, an Infosys company, and join its network of studios across Seattle, Los Angeles, New York, Providence, Houston, and London, and design hubs in five cities in India.
Infosys is a global leader in next-generation digital services and consulting.