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Infosys surges on entering into strategic partnership with ABN AMRO

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

28 Mar 2019 Evaluate

Infosys is currently trading at Rs. 740.70, up by 11.65 points or 1.60% from its previous closing of Rs. 729.05 on the BSE.

The scrip opened at Rs. 730.00 and has touched a high and low of Rs. 744.70 and Rs. 730.00 respectively. So far 168111 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 771.15 on 08-Feb-2019 and a 52 week low of Rs. 549.50 on 16-Apr-2018.

Last one week high and low of the scrip stood at Rs. 746.10 and Rs. 719.60 respectively. The current market cap of the company is Rs. 323541.22 crore.

The promoters holding in the company stood at 12.82%, while Institutions and Non-Institutions held 57.03% and 13.06% respectively.

Infosys has entered into a strategic partnership with ABN AMRO, the third largest bank in the Netherlands headquartered in Amsterdam. This partnership strengthens Infosys’ position as a leading technology and business process management provider across the mortgage services value chain, improving experience and operational efficiencies, and further enhances the company’s strategy to help clients navigate their next digital transformation journeys.

As part of the partnership, Infosys will acquire 75% of the shareholding in Stater N.V., a wholly owned subsidiary of ABN AMRO Bank N.V., that offers pure-play, end-to-end mortgage administration services in the Netherlands, Belgium and Germany. ABN AMRO will continue to hold the remaining 25% of the shareholding.

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

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 surges on entering into strategic partnership with ABN AMRO

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