Infosys rises on entering into strategic alliance with HanesBrands
Infosys is currently trading at Rs. 1527.00, up by 17.50 points or 1.16% from its previous closing of Rs. 1509.50 on the BSE.
The scrip opened at Rs. 1544.65 and has touched a high and low of Rs. 1544.65 and Rs. 1522.70 respectively. So far 255298 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2006.80 on 13-Dec-2024 and a 52 week low of Rs. 1307.10 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 1544.65 and Rs. 1428.35 respectively. The current market cap of the company is Rs. 633586.35 crore.
The promoters holding in the company stood at 14.61%, while Institutions and Non-Institutions held 71.53% and 13.86% respectively.
Infosys has entered into strategic alliance with HanesBrands Inc. (HBI), a global leader in everyday iconic apparel. Under this ten-year engagement, Infosys will serve as HanesBrands’ strategic collaborator in their digital, business applications and data landscape.
As part of this collaboration, Infosys will deploy its proprietary platforms - Live Enterprise Automation Platform (LEAP), integrated within Infosys Topaz, an AI-first suite of services, solutions, and platforms. This initiative will harness generative AI and AIOps technologies to help HanesBrands modernize core operations, enhance agility, simplify its IT landscape and unlock greater value from data.
The alliance reflects a strong cultural alignment between Infosys and HanesBrands, grounded in a shared vision for innovation and operational excellence. By embracing AI-first technologies, intelligent automation and AIOps, HanesBrands is positioned to unlock hyper productivity, reduce operational complexity and accelerate its digital transformation. Through this initiative, HanesBrands will address key strategic priorities including technology optimization, resource efficiency and cultural alignment--empowered by Infosys’ robust transformation capabilities and proven track record in the retail sector.
Infosys is a leading provider of consulting, technology, outsourcing and next-generation digital services, enabling clients to execute strategies for their digital transformation.
