Infosys gains on plans of starting a new campus at Mohali

18 Feb 2014

Infosys is currently trading at Rs. 3675.00, up by 12.75 points or 0.35% from its previous closing of Rs. 3662.25 on the BSE.

The scrip opened at Rs. 3652.00 and has touched a high and low of Rs. 3681.30 and Rs. 3651.10 respectively. So far 171790 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. 3677.00 and Rs. 3569.00 respectively. The current market cap of the company is Rs. 210787.74 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 solutions, is planning to lay the foundation stone of it biggest campus in India on February 22, 2014. This new campus set up at Mohali in Punjab will have a capacity of 15,000 employees. The company is expected to invest around Rs 527 crore in the campus.

Earlier, the company had received 50 acres of land from Punjab government for setting up IT/ITES special economic zone at Mohali. The company is likely to invest Rs 500 crore for this project.  The company has signed Memorandum of Understanding (MoU) with the Punjab government for the same.

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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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323