Infosys is currently trading at Rs. 2461.45, up by 39.25 points or 1.62% from its previous closing of Rs. 2422.20 on the BSE.
The scrip opened at Rs. 2447.00 and has touched a high and low of Rs. 2477.70 and Rs. 2447.00 respectively. So far 41052 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. 2101.65 on 26-Jul-2012.
Last one week high and low of the scrip stood at Rs. 2477.70 and Rs. 2310.00 respectively. The current market cap of the company is Rs. 141433.13 crore.
The promoters holding in the company stood at 16.04% while Institutions and Non-Institutions held 56.18% and 14.79% respectively.
In a bid to strengthen its product line, Infosys Technologies is scouting for acquisition route. The acquisition will help the company to grow its products and platform business which it expects to contribute 33 percent of its revenues in the next 5-7 years. At present, the segment contributes a little over 6 percent to revenues.
Moreover, the company has nine products from six platforms at the end of FY11 and is planning to reach a portfolio of 12 products and 12 platforms. In this regard, the company is looking at building IP assets themselves and will also partner with its clients to co-create (assets).
Company Name | CMP |
---|---|
TCS | 3839.35 |
Infosys | 1416.45 |
HCL Tech. | 1347.85 |
Wipro | 456.85 |
Tech Mahindra | 1249.65 |
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