Infosys trades marginally higher on extending strategic collaboration with Proximus
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Infosys is currently trading at Rs. 1723.25, up by 7.75 points or 0.45% from its previous closing of Rs. 1715.50 on the BSE.
The scrip opened at Rs. 1715.00 and has touched a high and low of Rs. 1728.00 and Rs. 1713.00 respectively. So far 35934 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1848.25 on 20-Oct-2021 and a 52 week low of Rs. 1115.35 on 04-Dec-2020.
Last one week high and low of the scrip stood at Rs. 1741.40 and Rs. 1669.55 respectively. The current market cap of the company is Rs. 721460.22 crore.
The promoters holding in the company stood at 13.12%, while Institutions and Non-Institutions held 49.12% and 20.02% respectively.
Infosys has extended strategic collaboration with Proximus, Belgium’s leading digital services and communications solutions provider, to digitally transform, develop, and maintain their IT applications with leading AI and automation solutions. Through this engagement, Infosys will support Proximus’ key digital initiatives, IT transformation programs and provide structural cost reduction, in a sustainable manner.
As part of this engagement, Infosys will oversee the development, maintenance, and operations of Proximus’ IT applications in a managed service model. Infosys will also leverage its extensive partner ecosystem to accelerate the implementation of the strategic transformation programs for Proximus while ensuring optimal cost savings.
Infosys is a global leader in next-generation digital services and consulting.
