Infosys inches up on collaborating with Proximus
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Infosys is currently trading at Rs. 1439.35, up by 3.05 points or 0.21% from its previous closing of Rs. 1436.30 on the BSE.
The scrip opened at Rs. 1441.05 and has touched a high and low of Rs. 1449.00 and Rs. 1439.10 respectively. So far 28607 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1672.45 on 01-Dec-2022 and a 52 week low of Rs. 1215.45 on 25-Apr-2023.
Last one week high and low of the scrip stood at Rs. 1453.35 and Rs. 1386.05 respectively. The current market cap of the company is Rs. 597470.32 crore.
The promoters holding in the company stood at 14.89%, while Institutions and Non-Institutions held 68.97% and 16.13% respectively.
Infosys has collaborated with Proximus, Belgium’s leading digital services and communications solutions provider, to deliver an IT modernization and consolidation project. The project will see Infosys consolidating key components of the IT stack of a Proximus affiliate into the main IT stack, enabling them among others to offer fiber and new digital services to more of its customers.
As part of the project, Infosys acted as a managing partner to synergize Proximus’ and its affiliate’s ecosystems, adopting an outcome-based model. The highly complex project spanned 70 plus applications, multiple vendors, and was successfully completed in time and within budget. As result, the affiliate’s technology stack was modernized to meet future demands, with accelerated time to market, and an increased portfolio of offerings. The collaboration builds on Infosys’ existing 25-year relationship with Proximus to transform, develop and maintain Proximus’ IT applications.
Infosys is a global leader in next-generation digital services and consulting.
