Infosys rises as its arm introduces Infosys LaborForce
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Infosys is currently trading at Rs. 1579.20, up by 15.25 points or 0.98% from its previous closing of Rs. 1563.95 on the BSE.
The scrip opened at Rs. 1575.00 and has touched a high and low of Rs. 1585.00 and Rs. 1563.15 respectively. So far 93760 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. 657912.89 crore.
The promoters holding in the company stood at 13.12%, while Institutions and Non-Institutions held 49.48% and 20.20% respectively.
Infosys Public Services, a US-headquartered subsidiary of Infosys, has introduced Infosys LaborForce, a fully integrated, cloud-native Platform as a Service (PaaS) Unemployment Insurance (UI) system. Built on the Salesforce Platform, Infosys LaborForce is a tax, benefits, appeals and workforce solution designed to support state governments in building digital and resilient UI systems.
The customer-centric solution equips states with advanced CRM and analytics capabilities, a lower long-term cost of ownership, and greater resiliency, that can result in better experiences for the U.S. workforce.
Infosys is a global leader in next-generation digital services and consulting.
