20-09-2024 10:06 AM | Source: Accord Fintech
Infosys gains on extending strategic collaboration with Posti

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Infosys is currently trading at Rs. 1904.60, up by 10.45 points or 0.55% from its previous closing of Rs. 1894.15 on the BSE. 

The scrip opened at Rs. 1911.25 and has touched a high and low of Rs. 1911.25 and Rs. 1887.00 respectively. So far 10288 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1975.05 on 02-Sep-2024 and a 52 week low of Rs. 1352.00 on 01-Nov-2023.

Last one week high and low of the scrip stood at Rs. 1958.20 and Rs. 1878.25 respectively. The current market cap of the company is Rs. 786478.89 crore.

The promoters holding in the company stood at 14.61%, while Institutions and Non-Institutions held 70.22% and 15.17% respectively.

Infosys has extended its strategic collaboration with Posti, the leading delivery and logistics services provider in Finland, Sweden, and the Baltics. As part of the engagement, the company will help Posti enhance customer experience and operational efficiency while continuing to innovate, scale, and grow its IT operations.

The company will adopt an AI-driven approach powered by Infosys Topaz, an AI-first offering using generative AI technologies, to empower Posti with operational efficiencies and service quality. Additionally, Infosys Cobalt will leverage its Live Enterprise Application Management Platform (LEAP), a cloud-enabled platform, to provide NextGen Application Management Services for enterprises to accelerate their cloud journey to help drive business productivity. 

In the last five years through the collaboration, the company has helped Posti improve the resilience of IT systems, reduce outages and disruptions, and improve Posti’s ability to prevent and respond to cyber threats. Infosys has helped Posti modernize the front-end consumer-facing applications and replace legacy systems and processes.

Infosys is a global leader in next-generation digital services and consulting.