Infosys gains as its arm extends partnership with AkzoNobel

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

19 Feb 2015 Evaluate

Infosys is currently trading at Rs 2319.00, up by 23.25 points or 1.01% from its previous closing of Rs 2295.75 on the BSE.

The scrip opened at Rs 2304.00 and has touched a high and low of Rs 2333.90 and Rs. 2292.00 respectively. So far 69275 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs. 2324.90 on 13-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. 2324.90 and Rs. 2261.10 respectively. The current market cap of the company is Rs. 266589.14 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, the business process outsourcing subsidiary of Infosys, has extended its partnership with AkzoNobel, a leading global paint and Coatings Company as well as a major producer of specialty chemicals. Infosys BPO was originally selected by AkzoNobel to accelerate the company’s finance transformation program and streamline operations for its Decorative Paints business in over 30 countries across Europe, the Middle East and Africa.

As part of the deal extension now, the transformation program has been extended across AkzoNobel’s Performance Coating business in Europe and North America as well. The deal extension involves standardization and outsourcing of the transactional accounting organization for the Performance Coating business of AkzoNobel.

Infosys BPO will deliver the finance and accounting services out of its global delivery centers in Poland and India, in English, Spanish and several other European languages. Infosys BPO will partner with AkzoNobel to set up a finance services organization by consolidating work from seven business groups across 55 locations.

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

1179.20 16.70 (1.44%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2394.85
Infosys	1179.20
HCL Tech.	1198.60
Wipro	197.95
Tech Mahindra	1463.05
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