Infosys gains on collaborating with Nokia to drive enterprise digital transformation

12 Nov 2018 Evaluate

Infosys is currently trading at Rs. 668.55, up by 7.10 points or 1.07% from its previous closing of Rs. 661.45 on the BSE.

The scrip opened at Rs. 666.00 and has touched a high and low of Rs. 676.40 and Rs. 665.00 respectively. So far 221604 shares were traded on the counter.

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. 472.00 on 14-Nov-2017.

Last one week high and low of the scrip stood at Rs. 679.45 and Rs. 657.05 respectively. The current market cap of the company is Rs. 292048.24 crore.

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

Infosys and Nokia have formed an alliance to develop solutions powered by new-age technologies like artificial intelligence (AI) and machine learning (ML). The partnership will help drive digital transformation in a wide array of enterprises and industries, addressing vertical markets, including transportation, energy and manufacturing, media and entertainment, and education.

This collaboration will couple technology, products and services from Nokia with platform solutions, engineering and operations management expertise from the company.

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.

Infosys Share Price

1468.70 13.20 (0.91%)
May 23, 18:01 View Price Chart
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