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Infosys rises on collaborating with LKQ Europe

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

22 Dec 2023 Evaluate

Infosys is currently trading at Rs. 1544.60, up by 8.35 points or 0.54% from its previous closing of Rs. 1536.25 on the BSE.

The scrip opened at Rs. 1544.95 and has touched a high and low of Rs. 1549.20 and Rs. 1523.40 respectively. So far 124288 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1620.00 on 09-Feb-2023 and a 52 week low of Rs. 1215.45 on 25-Apr-2023.

Last one week high and low of the scrip stood at Rs. 1593.00 and Rs. 1516.40 respectively. The current market cap of the company is Rs. 641491.32 crore.

The promoters holding in the company stood at 14.89%, while Institutions and Non-Institutions held 68.97% and 16.13% respectively.

Infosys has entered into a 5-year collaboration with LKQ Europe, one of the leading distributors of automotive aftermarket parts for cars, commercial vans, and industrial vehicles in Europe. Following multiple strategic acquisitions, LKQ has envisioned a corporate program that entails harmonizing business processes, improving product availability, and enabling faster delivery to end customers. Under this collaboration, Infosys will assist to integrate and standardize disparate business processes and systems, to enable synergies and achieve economies of scale.

Infosys was chosen as a strategic partner to lead LKQ Europe’s IT related business transformation owing to its strong credentials in ERP deployment, and commitment to a long-term collaboration. LKQ Europe will leverage Infosys’ industry expertise in automotive and distribution solutions and implement systems with robust capabilities to drive sustainable productivity and to support their long-term business objectives.

Infosys is a global leader in next-generation digital services and consulting.

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 rises on collaborating with LKQ Europe

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