Infosys rises on signing long-term strategic partnership with Daimler AG

23 Dec 2020 Evaluate

Infosys is currently trading at Rs. 1245.05, up by 24.30 points or 1.99% from its previous closing of Rs. 1220.75 on the BSE.

The scrip opened at Rs. 1242.95 and has touched a high and low of Rs. 1249.00 and Rs. 1232.95 respectively. So far 109605 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1,249.00 on 23-Dec-2020 and a 52 week low of Rs. 511.10 on 19-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1249.00 and Rs. 1152.10 respectively. The current market cap of the company is Rs. 519989.18 crore.

The promoters holding in the company stood at 12.95%, while Institutions and Non-Institutions held 56.28% and 13.47% respectively.

Infosys has signed a long-term strategic partnership with Daimler AG for a technology-driven IT infrastructure transformation. After the receipt of all regulatory approvals, Daimler AG will transform its IT operating model and infrastructure landscape across workplace services, service desk, data center, networks and SAP Basis together with Infosys. The partnership will enable the company to deepen its focus on software engineering and to establish a fully scalable on-demand digital IT infrastructure and anytime-anywhere workplace. The collaboration will empower Daimler to strengthen its IT capabilities, and Infosys, its automotive expertise.

As software becomes modular, digital infrastructure continues to play an important role in defragmentation. Daimler will work towards a model that ensures a robust IT infrastructure across its plants and regions, and supports consolidation of its data centers, scaling its IT operations, and bringing innovations to the fore.

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

Infosys Share Price

1408.90 2.65 (0.19%)
03-Jun-2024 15:38 View Price Chart
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