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Infosys gains on successfully delivering SFS program to SITA

26 Mar 2014 Evaluate

Infosys is currently trading at Rs. 3255.40, up by 3.80 points or 0.12% from its previous closing of Rs. 3251.60 on the BSE.

The scrip opened at Rs. 3264.95 and has touched a high and low of Rs. 3271.50 and Rs. 3232.00 respectively. So far 13027 shares were traded on the counter.

The BSE group 'A ' stock of face value Rs. 5 has touched a 52 week high of Rs. 3847.20 on 03-Mar-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. 3366.50 and Rs. 3240.15 respectively. The current market cap of the company is Rs. 187660.38 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 has successfully delivered a Strategic Financial Systems (SFS) program to SITA, one of the world's leading specialists in air transport communications and IT solutions. The award-winning SFS program is one of the most geographically complex ERP-enabled finance transformations ever undertaken.

Designed by Infosys and SITA's SFS program team, and enabled by Oracle E-Business Suite 12.1, SFS can efficiently process accounting transactions for 310 legal entities worldwide operating in 125 currencies with a globally distributed user base of 4,500 people, and support the filing of tax returns in over 150 countries worldwide.

SITA expects the SFS program will deliver, in excess of 20 percent, direct operational savings and efficiencies within the finance function over four years. It has laid a strong foundation to help SITA improve the service and business value delivered to internal customers and member shareholders globally.

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.

Infosys Share Price

1313.10 1.15 (0.09%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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