Infosys gains on inking 3-year agreement with TOMS

22 Sep 2015

Infosys is currently trading at Rs. 1117.35, up by 12.70 points or 1.15% from its previous closing of Rs. 1104.65 on the BSE.

The scrip opened at Rs. 1115.00 and has touched a high and low of Rs. 1120.00 and Rs. 1115.00 respectively. So far 4,297 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. 1120.00 and Rs. 1093.55 respectively. The current market cap of the company is Rs. 2,56,649.00 crore.

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

Infosys has signed a 3-year agreement with TOMS to become its worldwide partner to maintain and develop its digital platform. The agreement will enable TOMS to streamline the management of its web-based properties and introduce automation technologies to lower overall support and development costs.

The company will introduce automation solutions to the testing environment, targeting automation of 70 percent of the regression testing suite for TOMS digital operations using Infosys Web Test Automation Framework. The transition to a single-supplier model will enable TOMS to introduce new functionality with ease across all its properties, including mobile environments

The company will manage the systems upgrade to Oracle ATG 11.1 and will provide TOMS with Information Technology support in all six countries in which it currently operates - the U.S., Canada, Germany, the U.K., France and the Netherlands.

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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