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Infosys gains on bagging Rs 1,400 crore contract from GST Network

23 Sep 2015 Evaluate

Infosys is currently trading at Rs. 1122.20, up by 16.70 points or 1.51% from its previous closing of Rs. 1105.50 on the BSE.

The scrip opened at Rs. 1109.80 and has touched a high and low of Rs. 1125.00 and Rs. 1097.50 respectively. So far 82304 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. 1135.40 and Rs. 1093.55 respectively. The current market cap of the company is Rs. 256476.84 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 bagged Rs 1,400 crore contract from GST Network (GST-N) to build the IT system so that the goods and services tax (GST) regime is rolled out on schedule. The company is supposed to lay the IT-backbone to implement the GST regime and once the backbone is ready, the company will operate it for five years.

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

1280.00 -33.10 (-2.52%)
22-Apr-2026 09:43 View Price Chart
Peers
Company Name CMP
TCS 2572.70
Infosys 1280.00
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Tech Mahindra 1463.50
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