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Infosys inches up as its revenue crosses $2 billion mark in Europe

21 Apr 2014 Evaluate

Infosys is currently trading at Rs. 3191.05, up by 1.15 points or 0.04% from its previous closing of Rs. 3189.90 on the BSE.

The scrip opened at Rs. 3202.00 and has touched a high and low of Rs. 3217.00 and Rs. 3190.10 respectively. So far 9096 shares were traded on the counter.

The BSE group 'A ' stock of face value Rs. 5 has touched a 52 week high of Rs. 3847.20 on 03-Mar-2014 and a 52 week low of Rs. 2190.00 on 29-Apr-2013.

Last one week high and low of the scrip stood at Rs. 3371.80 and Rs. 3150.00 respectively. The current market cap of the company is Rs. 183985.27 crore.

The promoters holding in the company stood at 15.94% while Institutions and Non-Institutions held 55.76% and 12.20% respectively.

Infosys, the country’s second largest IT firm, for the first time has crossed $2 billion revenue mark in Europe, driven by strong demand for consulting and system integration (CSI) services. The software major which reported revenues of $8.24 billion for the year ended March 31, 2014, saw the European region accounting for 24.4% of the topline.

The revenue percentage last quarter from Europe was 25% and Infosys added 17 new clients in the region. For the quarter ended March 31, 2014, North America accounted for 59.8% of Infosys’ revenues from 60.2% in the year-ago period, while Europe contributed 25.2% from 25%.

Infosys is a global leader in consulting, technology and outsourcing solutions. The company enables clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition.

Infosys Share Price

1154.45 -88.15 (-7.09%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2397.30
Infosys 1154.45
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Wipro 199.40
Tech Mahindra 1360.05
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