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Infosys is currently trading at Rs. 1425.85, up by 1.00 points or 0.07% from its previous closing of Rs. 1424.85 on the BSE.

The scrip opened at Rs. 1424.65 and has touched a high and low of Rs. 1431.00 and Rs. 1422.40 respectively. So far 23756 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. 1242.35 on 17-May-2023.

Last one week high and low of the scrip stood at Rs. 1449.65 and Rs. 1411.15 respectively. The current market cap of the company is Rs. 591530.01 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 entered into multi-year strategic collaboration with First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates (UAE), to optimize and modernize FAB’s IT infrastructure services. As part of this collaboration, Infosys will leverage Infosys Cobalt, a set of services, solutions, and platforms for enterprises to accelerate their cloud journey, to deliver industry-leading, infrastructure-managed services, including service desk capabilities, to transform FAB’s IT infrastructure. Infosys will help integrate a suite of enterprise tools to drive significant improvements in FAB’s service quality, risk reduction, and business outcomes.

The collaboration aims to transition to an outcome-oriented, automated-managed services model that delivers high-quality, compliant IT services with increased speed and agility. In the long term, it will also establish a highly scalable and flexible IT infrastructure. The Middle East is a strategic growth market for Infosys, and this collaboration furthers Infosys’ committed focus in the region to enable large enterprises to navigate their cloud-first, digital-first, and AI-first journeys

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