Infosys rises as its arm plan to provide outsourcing services to Dutch insurance company

06 Feb 2015

Infosys is currently trading at Rs. 2233.85, up by 40.25 points or 1.83% from its previous closing of Rs. 2193.60 on the BSE.

The scrip opened at Rs. 2193.00 and has touched a high and low of Rs. 2246.75 and Rs. 2193.00 respectively. So far 29493 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2246.75 on 06-Feb-2015 and a 52 week low of Rs. 1447.00 on 30-May-2014.

Last one week high and low of the scrip stood at Rs. 2246.75 and Rs. 2103.05 respectively. The current market cap of the company is Rs. 256924.75 crore.

The promoters holding in the company stood at 13.08%, while Institutions and Non-Institutions held 56.86% and 14.31% respectively.

Infosys BPO, a fully owned subsidiary of Infosys, has secured an IT services deal with Dutch insurance services firm a.s.r. for supporting back-office operations. Eighty seven employees of a.s.r. will be transferred to Infosys BPO. The contract was signed at the end of January by Jos Baeten from a.s.r and Anup Uppadhayay from Infosys BPO.

Infosys BPO will leverage its widespread industry expertise and deep domain knowledge of managing financial services processes for leading organizations globally, to support a.s.r. in efficiently transforming their pensions back-office administration, thereby realizing enhanced business value.

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.

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