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Infosys inches up on being selected as technology partner by Bharti Airtel

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

28 Feb 2012 Evaluate

Infosys is currently trading at Rs. 2888.60, up by 8.25 points or 0.29% from its previous closing of Rs. 2880.35 on the BSE.

The scrip opened at Rs. 2885.00 and has touched a high and low of Rs. 2908.75 and Rs. 2869.00 respectively. So far 4,800 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. 2990.00 and Rs. 2855.00 respectively. The current market cap of the company is Rs. 1,65,868.00 crore.

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

Infosys has been selected by Bharti Airtel as its partner for -- airtel money -- the country’s first of its kind mobile wallet service by a mobile operator. Under this partnership, Infosys WalletEdge -- the mobile commerce platform will enable the ubiquitous mobile wallet service to support cashless payments and settlements needs of diverse customer segments.

Finacle digital commerce is at the core of this platform. It facilitates the creation of a unique ecosystem of card issuers, merchants, financial and retail institutions to offer customers a wide spectrum of payment options for their transactions.

Infosys WalletEdge is also a highly scalable platform capable of supporting millions of transactions annually in a secure environment. Delivered through a private cloud, it creates a comprehensive shared services framework that allows members of the ecosystem to process payment instructions seamlessly and cost efficiently.

Infosys Share Price

1318.60 -0.30 (-0.02%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2581.65
Infosys	1318.60
HCL Tech.	1442.50
Wipro	204.35
Tech Mahindra	1511.85
View more..

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Infosys inches up on being selected as technology partner by Bharti Airtel

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