Infosys inches up on plan to open North Carolina Technology, Innovation Hub in Raleigh

13 Sep 2017

Infosys is currently trading at Rs. 883.95, up by 0.10 points or 0.01% from its previous closing of Rs. 883.85 on the BSE.

The scrip opened at Rs. 885.00 and has touched a high and low of Rs. 887.75 and Rs. 881.00 respectively. So far 56113 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1080.70 on 14-Oct-2016 and a 52 week low of Rs. 861.50 on 22-Aug-2017.

Last one week high and low of the scrip stood at Rs. 900.85 and Rs. 874.00 respectively. The current market cap of the company is Rs. 202983.09 crore.

The promoters holding in the company stood at 12.75%, while Institutions and Non-Institutions held 57.72% and 12.84% respectively.

Infosys is planning open its North Carolina Technology and Innovation Hub in Raleigh. This innovation Hub is expected to hire 2,000 American workers by 2021. Towards its plan of hiring 10,000 jobs over 2 years, the company has already hired close to 1,200 American workers.

The new hub, which will open in early 2018, will occupy 60,000 square feet in a new facility in Raleigh and has the capacity to house 500 workers representing another step forward in the company’s previous announcement to hire American workers in the country. The company plans to hire the first 500 workers in Raleigh innovation hub within two years, with the remainder to be hired in the state by 2021.

Infosys is a global leader in technology services and consulting. It enables clients in more than 50 countries to create and execute strategies for their digital transformation.

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