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Infosys rises on inking MoU with State of Israel

15 Jun 2012 Evaluate

Infosys is currently trading at Rs. 2517.15, up by 18.95 points or 0.76% from its previous closing of Rs. 2498.20 on the BSE.

The scrip opened at Rs. 2512.00 and has touched a high and low of Rs. 2524.00 and Rs. 2504.00 respectively. So far 32,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3020.00 on 08-Jul-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. 2524.00 and Rs. 2410.00 respectively. The current market cap of the company is Rs. 1,44,542.00 crore.

The promoters holding in the company stood at 16.04% while Institutions and Non-Institutions held 55.59% and 14.91% respectively.

IT major Infosys, with a view to establish and enhance cooperation in industrial research and development, has inked a memorandum of understanding (MoU) with the State of Israel. This MoU is a part of the' Global Enterprise Collaboration Program' developed by the Office of the Chief Scientist of Israel to Accelerate innovation through a global ecosystem. The MoU creates a framework for industrial cooperation between Infosys and Israeli corporations in the Emerging technology areas of cloud, Information security, sensors, analytics, and sustainability.

Infosys will bring valuable insight in defining pertinent challenges and solutions across various industries. The software major will be able to do so on back of a strong global client base across industry segment and proven expertise in driving Innovation led growth for businesses.

Infosys labs, the research and innovation arm of Infosys drives research across the 'Building Tomorrow's Enterprise' mega trends that have the potential to transform client business. Committed to the principle of 'Innovation Co-creation', Infosys Labs strengthens its existing Innovation ecosystem of clients, partners and industry consortia through this MoU.

Infosys Share Price

1318.60 -0.30 (-0.02%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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Infosys 1318.60
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