Infosys trades higher on entering into MoU with global company to provide enhanced digital experiences
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Infosys is currently trading at Rs. 1514.55, up by 7.80 points or 0.52% from its previous closing of Rs. 1506.75 on the BSE.
The scrip opened at Rs. 1515.35 and has touched a high and low of Rs. 1519.30 and Rs. 1509.35 respectively. So far 46125 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. 1519.30 and Rs. 1464.15 respectively. The current market cap of the company is Rs. 626994.56 crore.
The promoters holding in the company stood at 14.94%, while Institutions and Non-Institutions held 68.22% and 16.83% respectively.
Infosys has entered into a Memorandum of Understanding (MoU) with a global company to provide enhanced digital experiences, along with modernization and business operations services, leveraging Infosys platforms & AI solutions. The total client target spend over 15 years is estimated at $1.5 billion. This is subject to parties entering into a Master Agreement.
Infosys is a global leader in next-generation digital services and consulting.
