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Infinite Computer soars on launching new suite of products and platform

09 Nov 2012 Evaluate

Infinite Computer Solution is currently trading at Rs. 157.50, up by 5.70 points or 3.75% from its previous closing of Rs. 151.80 on the BSE.

The scrip opened at Rs. 154.70 and has touched a high and low of Rs. 163.40 and Rs. 154.70 respectively. So far 117145 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 160.70 on 15-Oct-2012 and a 52 week low of Rs. 56.25 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs. 163.40 and Rs. 146.00 respectively. The current market cap of the company is Rs. 676.49 crore.

The promoters holding in the company stood at 67.26% while Institutions and Non-Institutions held 13.10% and 19.64% respectively.

Infinite Computer Solution, a global provider of application management, infrastructure management, product engineering and mobility and messaging products and solutions has launched Rich Communication Suite (RCS) of products aimed at the Telecom Carriers on both IMS and Non-IMS networks.

The RCS solution enables mobile network operators to deliver new media-rich messaging services including one-to-one chat, group chat, inter-carrier chat, text messaging, multi-media messaging, file transfer and video sharing.

Infinite Computer Solution has three main service offerings - Infrastructure Management, Intellectual Property (IP) leveraged solutions and IT services focused on the Telecom and Media, Technology, Manufacturing and Healthcare industry.

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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