09-05-2024 11:23 AM | Source: Accord Fintech
Infosys inches up on collaborating with Yunex Traffic

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Infosys is currently trading at Rs. 1431.00, up by 3.65 points or 0.26% from its previous closing of Rs. 1427.35 on the BSE.

The scrip opened at Rs. 1428.60 and has touched a high and low of Rs. 1436.85 and Rs. 1428.55 respectively. So far 26333 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1731.00 on 06-Feb-2024 and a 52 week low of Rs. 1239.00 on 12-May-2023.

Last one week high and low of the scrip stood at Rs. 1445.00 and Rs. 1403.10 respectively. The current market cap of the company is Rs. 594166.23 crore.

The promoters holding in the company stood at 14.71%, while Institutions and Non-Institutions held 69.93% and 15.35% respectively.

Infosys has collaborated with Yunex Traffic, a global leader in intelligent traffic solutions, to help accelerate their SAP S/4HANA-led digital transformation journey across 16 countries, including the United States, United Kingdom, and Germany. 

This strategic collaboration will help advance the ‘Yunex OneERP’ program, which aims to drive harmonization across diverse business units. In addition, Infosys will help Yunex Traffic consolidate disparate business processes and IT systems in the Enterprise Resource Planning (ERP) space into a cloud-based unified system powered by Infosys Cobalt, a set of services, solutions and platforms for enterprises to accelerate their cloud journey. 

In its mission to make mobility safer, more efficient, and more sustainable with tech-driven smart city ecosystems, Yunex Traffic chose Infosys for its proven track record in offering industry-standard solutions and delivering similar programs with a clear, well-defined approach. With this collaboration, Yunex Traffic aims to enhance business efficiency, enable real-time reporting and analytics, reduce maintenance costs, and accelerate time-to-market.

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