Infosys zooms on collaborating with Telenor
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Infosys is currently trading at Rs. 1772.00, up by 32.45 points or 1.87% from its previous closing of Rs. 1739.55 on the BSE.
The scrip opened at Rs. 1715.00 and has touched a high and low of Rs. 1773.65 and Rs. 1715.00 respectively. So far 136272 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. 1773.65 and Rs. 1681.00 respectively. The current market cap of the company is Rs. 740412.54 crore.
The promoters holding in the company stood at 13.12%, while Institutions and Non-Institutions held 49.48% and 20.20% respectively.
Infosys has collaborated with Telenor Norway, Telenor’s wholly owned Norwegian telecommunications operator, to successfully transform its finance and supply chain operations. Infosys was chosen to assist Telenor Norway on this ERP transformation program for its innovative and standardized solutions, reusable assets, skilled talent pool, and ability to accelerate solution deployment. In collaboration with Telenor Norway’s Business & IT teams, Infosys has implemented a future-proof, standardized Oracle Cloud ERP solution to help migrate from a legacy ERP system to enhance business agility and operational efficiency.
The solution has been implemented across 10 Telenor entities in a record time of 9 months including modules like R2R (Record to Report), A2R (Acquire to Retire), P2P (Procure to Pay), O2C (Order to Cash) etc.
Infosys is a global leader in next-generation digital services and consulting.
