Infosys gains on completing acquisition of Fluido

15 Oct 2018

Infosys is currently trading at Rs. 690.00, up by 10.95 points or 1.61% from its previous closing of Rs. 679.05 on the BSE.

The scrip opened at Rs. 690.00 and has touched a high and low of Rs. 692.45 and Rs. 686.05 respectively.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 754.95 on 01-Oct-2018 and a 52 week low of Rs. 457.63 on 25-Oct-2017.

Last one week high and low of the scrip stood at Rs. 728.50 and Rs. 662.60 respectively. The current market cap of the company is Rs. 296635.05 crore.

The promoters holding in the company stood at 12.82%, while Institutions and Non-Institutions held 57.16% and 12.94% respectively.

Infosys has completed the acquisition of Fluido, the leading Salesforce advisor and consulting partner in Nordics and a recognized leader in cloud consulting, implementation and training services. This follows the announcement the company made on September 14, 2018.

Through this acquisition the company strengthens its position as a leading Salesforce enterprise cloud services provider, and enhances its ability to provide clients an unparalleled cloud-first transformation.

Infosys is a global leader in technology services and consulting. The company enables clients in 45 countries to create and execute strategies for their digital transformation.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
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