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Infosys gains on plan to expand footprints in US with a new delivery center in Wisconsin

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

24 Jul 2012 Evaluate

Infosys is currently trading at Rs. 2200.00, up by 13.85 points or 0.63% from its previous closing of Rs. 2186.15 on the BSE.

The scrip opened at Rs. 2199.80 and has touched a high and low of Rs. 2211.00 and Rs. 2190.10 respectively. So far 10,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2990.00 on 22-Feb-2012 and a 52 week low of Rs. 2163.00 on 17-Jul-2012.

Last one week high and low of the scrip stood at Rs. 2248.50 and Rs. 2163.50 respectively. The current market cap of the company is Rs. 1,26,330.00 crore.

The promoters holding in the company stood at 16.04% while Institutions and Non-Institutions held 56.18% and 14.79% respectively.

Infosys, a global leader in consulting and technology, will expand its presence in the United States with a new delivery center in Milwaukee, Wisconsin. The facility will provide end-to-end technology, consulting and systems integration services, and also will house a training center. The software major is investing in the Midwest region of the United States to support its clients in the area, including Harley-Davidson. The initiation of a five-year engagement with the world’s leading American motorcycle manufacturer was the catalyst for locating the new delivery center in Milwaukee. The new Wisconsin delivery center will be operational later this year.

Besides, Harley-Davidson’s contract with Infosys provides a range of technology services including applications management, infrastructure support and hosting services. As part of this long-term partnership, Infosys also will establish a training center to facilitate knowledge reuse and to conduct education related to information technology operations and business processes.

Further, the Milwaukee facility joins the existing 17 locations in the United States that Infosys has opened as part of its ongoing commitment to local job creation. Infosys hired 1,200 people in the United States in 2011, and has already added more than 1,000 employees in the country this year. Total US recruitment is expected to be close to 2,000 by the end of 2012. The new Wisconsin delivery center initially will house 125 seats, including the positions expected to migrate from Harley-Davidson.

Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries build tomorrow’s enterprise.

Infosys Share Price

1318.60 -0.30 (-0.02%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2581.65
Infosys	1318.60
HCL Tech.	1442.50
Wipro	204.35
Tech Mahindra	1511.85
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Infosys gains on plan to expand footprints in US with a new delivery center in Wisconsin

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