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Infosys rises on inking MoU with Madhya Pradesh government

Infosys Ltd. | IT - Software | IT & ITES | BSE: 500209 | NSE: INFY

02 Feb 2012 Evaluate

Infosys is currently trading at Rs. 2758.45, up by 23.60 points or 0.86% from its previous closing of Rs. 2734.85 on the BSE.

The scrip opened at Rs. 2744.90 and has touched a high and low of Rs. 2780.00 and Rs. 2728.55 respectively. So far 60906 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3316.85 on 13-Apr-2011 and a 52 week low of Rs. 2169.00 on 25-Aug-2011.

Last one week high and low of the scrip stood at Rs. 2780.00 and Rs. 2686.05 respectively. The current market cap of the company is Rs. 157910.26 crore.

The promoters holding in the company stood at 16.04% while Institutions and Non-Institutions held 54.85% and 15.00% respectively.

IT major, Infosys has signed a memorandum of understanding (MoU) with the Madhya Pradesh government for investing Rs 600 crore in its proposed unit in Indore as the state government has decided to provide 130 acres to Infosys on a 33-year lease. The company is establishing the facility at the Super Corridor in Indore. This unit will generate over 13,000 jobs.

The company plans to complete the project within five years. The MoU was signed at the state mantralaya by the Secretary IT, government of Madhya Pradesh, Hari Ranjan Rao and Infosys Vice-President, Chandraketu Jha in the presence of Chief Minister Shivraj Singh Chouhan and Industries Minister, Kailash Vijaywargiya.

Recently, Infosys has entered into a multi-year Transformation and Business IT services pact with Syngenta AG, one of the world leading agribusiness companies based in Switzerland. The contract that will provide consistency and predictability of service delivery, Infosys will consolidate Syngenta’s Global Business IT services landscape under a single shared services engagement.

Infosys Share Price

1292.35 -39.15 (-2.94%)

10-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2524.35
Infosys	1292.35
HCL Tech.	1450.90
Wipro	204.85
Tech Mahindra	1440.40
View more..

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Infosys rises on inking MoU with Madhya Pradesh government

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