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Infosys inches up on the BSE

19 Mar 2013 Evaluate

Infosys is currently trading at Rs. 2863.00, up by 1.60 points or 0.06% from its previous closing of Rs. 2861.40 on the BSE.

The scrip opened at Rs. 2870.00 and has touched a high and low of Rs. 2886.70 and Rs. 2843.00 respectively. So far 17462 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3010.00 on 07-Mar-2013 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. 2944.75 and Rs. 2843.10 respectively. The current market cap of the company is Rs. 163861.16 crore.

The promoters holding in the company stood at 16.04% while Institutions and Non-Institutions held 59.25% and 14.54% respectively.

Infosys has been selected by India Post to implement and manage a platform that will transform its rural operations. With this new agreement, Infosys will facilitate India Post's Rural Systems Integration (RSI) program. This initiative will increase adoption of the department’s services, and enhance the reach of postal services to the country’s rural population, streamlining the distribution of social benefits. As part of an earlier agreement, Infosys is also partnering with India Post to transform its financial services operations and end-user experience under the Financial Services System Integration program.

The two projects are part of the ‘India Post 2012’ modernization program that aims to bring transparency, agility, flexibility and scalability to its business operations. The programs will empower employees to deliver services more efficiently to rural communities using the latest technology. They will also position India Post as a key agent in the Government of India’s inclusive growth policies.

Infosys will develop a Service Delivery Platform (SDP) that will leverage Infosys solutions such as mConnect, TruSync and Finacle Inclusion. These will serve as a foundation for the RSI program. The new SDP will allow more than 130,000 rural post offices to offer online services. Additionally it will connect and manage more than 130,000 handheld devices used by rural postal workers for distribution of social benefits under the National Rural Employment Guarantee Act and process Electronic Money Orders.

Infosys provides business consulting, technology; engineering and outsourcing services to help clients in over 30 countries to build tomorrow's enterprise.

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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