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Infosys gains on entering into partnership with K+S

04 Mar 2020 Evaluate

Infosys is currently trading at Rs. 751.95, up by 5.65 points or 0.76% from its previous closing of Rs. 746.30 on the BSE.

The scrip opened at Rs. 754.70 and has touched a high and low of Rs. 756.80 and Rs. 746.40 respectively. So far 164202 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 847.40 on 06-Sep-2019 and a 52 week low of Rs. 615.00 on 23-Oct-2019.

Last one week high and low of the scrip stood at Rs. 780.55 and Rs. 723.30 respectively. The current market cap of the company is Rs. 319608.06 crore.

The promoters holding in the company stood at 13.15%, while Institutions and Non-Institutions held 55.75% and 13.68% respectively.

Infosys has entered into strategic long term partnership with K+S AG, world’s largest salt manufacturer and Europe’s biggest supplier of Potash, to support it’s ‘Shaping 2030 Strategy’ - by preparing an agile and flexible IT infrastructure foundation to enable their digital roadmap. As part of this partnership, Company will help K+S become more sustainable by navigating them to a next generation hybrid cloud datacenter. The company will set up two state-of-the-art, centralized and dedicated datacentres in Kassel, Germany and 16 regional datacentres in Europe, USA, Canada, and South America along with a public cloud ecosystem.

The company will deliver critical infrastructure services in a hybrid cloud and manage these centres end-to end. This will ensure seamless operations, value and consistency in the quality of services delivered across locations worldwide. The company will also be responsible for managing the IT landscape of K+S across 100 plus sites for over 9000 end users, across 25 plus countries globally.

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

1313.65 -4.95 (-0.38%)
20-Apr-2026 14:49 View Price Chart
Peers
Company Name CMP
TCS 2587.45
Infosys 1313.65
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Wipro 202.75
Tech Mahindra 1510.70
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