Infosys trades with traction on the bourses

18 Oct 2013

Infosys is currently trading at Rs. 3306.60, up by 36.50 points or 1.12% from its previous closing of Rs. 3270.10 on the BSE.

The scrip opened at Rs. 3270.00 and has touched a high and low of Rs. 3315.00 and Rs. 3260.65 respectively. So far 28437 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3360.00 on 11-Oct-2013 and a 52 week low of Rs. 2190.00 on 29-Apr-2013.

Last one week high and low of the scrip stood at Rs. 3360.00 and Rs. 3157.65 respectively. The current market cap of the company is Rs. 189032.80 crore.

The promoters holding in the company stood at 15.94% while Institutions and Non-Institutions held 56.09% and 12.82% respectively.

Infosys, a global leader in consulting, technology and outsourcing solutions, is reportedly planning to recruit more than 8,000 personnel in Pune over the next 6 months as part of its expansion plans. The company is also planning to take an additional 150 acres in the city. The company is looking at growth across verticals, like finance, insurance, banking, energy, retail and manufacturing for which the company will hire nearly 4,200 software professionals across all forms of expertise. The company is planning to hire an equal number of heads again around March when the company’s third facility becomes functional. Meanwhile, the company will shortly begin its operations at new building in Hinjewadi Phase-II.

Infosys is a global leader in business consulting and technology solutions. As a proven partner focused on building tomorrow’s enterprise, Infosys enables clients in more than 30 countries to outperform the competition and stay ahead of the innovation curve.

 

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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