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Infosys shines on completing formation of joint venture in Japan

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

01 Apr 2019 Evaluate

Infosys is currently trading at Rs. 753.50, up by 11.20 points or 1.51% from its previous closing of Rs. 742.30 on the BSE.

The scrip opened at Rs. 742.90 and has touched a high and low of Rs. 755.50 and Rs. 742.90 respectively. So far 1755247 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. 755.50 and Rs. 719.60 respectively. The current market cap of the company is Rs. 328718.40 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 completed the formation of a joint venture with Hitachi, Panasonic Corporation and Pasona Inc., strategically enhancing its presence in Japan. The joint venture will be headquartered in Japan and more than 200 employees will be part of it on establishment.

The joint venture, formed by complementary, iconic companies coming together, will accelerate business process transformation leveraging digital procurement platforms for the local and global needs of Japanese corporations. Infosys will bring its global expertise in procurement processes, consulting, analytics and digital technologies such as artificial intelligence (AI) and Robotic Process Automation (RPA) to the venture. Combined with Hitachi and Panasonic’s knowledge of their procurement functions and local teams, and Pasona’s human capital and BPM networks in Japan, the entity will provide differentiated, end-to-end, efficient and high value procurement capabilities to corporations.

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
View more..

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Infosys shines on completing formation of joint venture in Japan

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