Infosys zooms on getting nod to purchase assets of Channel Bridge Software Labs
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Infosys is currently trading at Rs. 1491.00, up by 71.25 points or 5.02% from its previous closing of Rs. 1419.75 on the BSE.
The scrip opened at Rs. 1487.70 and has touched a high and low of Rs. 1494.00 and Rs. 1468.00 respectively. So far 394194 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. 1355.50 on 26-Sep-2022.
Last one week high and low of the scrip stood at Rs. 1494.00 and Rs. 1414.20 respectively. The current market cap of the company is Rs. 627260.98 crore.
The promoters holding in the company stood at 13.11%, while Institutions and Non-Institutions held 50.60% and 22.09% respectively.
Infosys has received an approval to purchase assets of Channel Bridge Software Labs. Purchase consideration towards IP and Contracts is at Rs 1.42 crore, excludes employee retention and performance bonus. The Objective of acquisition is to augment EdgeVerve’s TradeEdge offering with mobile based sales force automation solution. The Board of Directors of the company at its meeting held on October 13, 2022 has approved the same.
Infosys is a global leader in next-generation digital services and consulting.
