Infosys gains as its arm and Arrow to jointly market IT Asset Lifecycle Management Services

13 Nov 2013

Infosys is currently trading at Rs 3341.95, up by 2.60 points or 0.08% from its previous closing of Rs. 3339.35 on the BSE.

The scrip opened at Rs 3320.00 and has touched a high and low of Rs 3358.90 and Rs. 3320.00 respectively. So far 31573 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 3399.20 on 07-Nov-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 3399.20 and Rs 3275.00 respectively. The current market cap of the company is Rs 191809.24 crore.

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

Arrow Electronics, a global provider of electronic components and enterprise computing solutions, and Infosys BPO have entered into agreement to jointly market comprehensive services for information technology asset lifecycle management to their US clients. Arrow and Infosys will provide end-to-end IT asset management services, including procurement, deployment and configuration, support, and decommissioning and disposition of assets.

Enterprises across high-tech, manufacturing, telecommunication, banking, retail, and consumer packaged goods industries can now leverage the shared expertise of Arrow and Infosys to manage their IT asset lifecycles more cost-effectively. This includes facilitating the repair, resale, or recycling of laptops, desktops, mobility devices, enterprise gear, and other hardware. In addition, the combined resources of Arrow and Infosys will help enterprises comply with regulatory requirements more easily and strengthen sustainability measures related to the management of IT equipment.

Infosys is a global leader in consulting, technology and outsourcing solutions. The company enables clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition.

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