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Infosys gains on entering into strategic tie-up with Qantas Credit Union

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

18 Sep 2015 Evaluate

Infosys is currently trading at Rs. 1111.75, up by 10.25 points or 0.93% from its previous closing of Rs. 1101.50 on the BSE.

The scrip opened at Rs. 1110.00 and has touched a high and low of Rs. 1118.00 and Rs. 1107.60 respectively. So far 27,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1186.00 on 19-Aug-2015 and a 52 week low of Rs. 898.53 on 23-Sep-2014.

Last one week high and low of the scrip stood at Rs. 1118.00 and Rs. 1082.55 respectively. The current market cap of the company is Rs. 2,55,672.00 crore.

The promoters holding in the company stood at 13.08% while Institutions and Non-Institutions held 57.10% and 13.08% respectively.

Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys has enter into strategic tie-up with Qantas Credit Union whereby the later has chosen Infosys Finacle to improve its customer’s digital experience, as part of their business transformation strategy. Qantas Credit Union is leveraging the flexibility of Infosys Finacle’s ‘software-as-a-service’ model to provide its members with the latest banking services, without the significant overhead costs often associated with complete legacy technology upgrade.

The strategic partnership with Infosys will enable Qantas Credit Union to exploit the power of digitization to unlock new revenue streams and foster customer loyalty, while enabling the bank to quickly bring new products to market.

EdgeVerve Systems, a product of Infosys develops innovative software products and offers them on-premise or as cloud-hosted business platforms.

Infosys Share Price

1242.60 -25.85 (-2.04%)

23-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2522.55
Infosys	1242.60
HCL Tech.	1277.20
Wipro	202.95
Tech Mahindra	1420.40
View more..

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Infosys gains on entering into strategic tie-up with Qantas Credit Union

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