Infosys gains on entering into strategic long-term collaboration with TK Elevator
Date: 23-11-2023Infosys is currently trading at Rs. 1460.05, up by 2.35 points or 0.16% from its previous closing of Rs. 1457.70 on the BSE.
The scrip opened at Rs. 1465.00 and has touched a high and low of Rs. 1465.95 and Rs. 1455.05 respectively. So far 35232 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1672.45 on 01-Dec-2022 and a 52 week low of Rs. 1215.45 on 25-Apr-2023.
Last one week high and low of the scrip stood at Rs. 1465.95 and Rs. 1431.05 respectively. The current market cap of the company is Rs. 604510.94 crore.
The promoters holding in the company stood at 14.89%, while Institutions and Non-Institutions held 68.97% and 16.13% respectively.
Infosys has entered into strategic long-term collaboration with TK Elevator (TKE), one of the world’s leading urban mobility companies. As a part of the engagement, Infosys will consolidate, harmonize and modernize TK Elevator’s digital landscape. The engagement aims to continually innovate and transform the company’s application and IT environment, leveraging an AI-first strategy powered by Infosys Topaz, an AI-first set of services, solutions and platforms using generative AI technologies.
The two companies will work together to transition the operations of all TK Elevator’s business applications across North America and major markets in Europe to Infosys, thereby enabling integrated applications management. This will not only help unify the underlying infrastructure operations to enable an end-to-end, business process-focused operational paradigm, but also contribute to a simplified and agile digital landscape.
Infosys is a global leader in next-generation digital services and consulting.