Infosys trades in green on the BSE

10 Feb 2014

Infosys is currently trading at Rs. 3572.00, up by 5.30 points or 0.15 % from its previous closing of Rs. 3566.70 on the BSE.

The scrip opened at Rs. 3570.30 and has touched a high and low of Rs. 3580.60 and Rs. 3555.55 respectively. So far 2280 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3799.00 on 23-Jan-2014 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. 3692.50 and Rs. 3540.60 respectively. The current market cap of the company is Rs. 204812.81 crore.

The promoters holding in the company stood at 15.94 % while Institutions and Non-Institutions held 56.00 % and 12.38 % respectively.

Infosys, a global leader in consulting, technology and outsourcing, will establish a new delivery center in Araraquara, Brazil. With this new center, Infosys and its subsidiaries are further expanding their footprint in Latin America with operations across Brazil, Costa Rica, Puerto Rico, Mexico, and Argentina, employing over 1,700 people.

The new 100-seat center in Brazil will initially house 25 employees and provide services in SAP Application Management services to Citrosuco, the world’s leading orange juice producer. The 550 square meter office will be located in ‘Edifício Vitória’, the premier commercial building in Araraquara. The new center will deliver application management services supporting critical business operations, including SAP ERP systems, for Citrosuco and other clients across Brazil.

Infosys had set up operations in Brazil in 2009. Today, the company and its subsidiaries employ over 700 people in the country.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323