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Infosys inches up on partnering with GEFCO to support digital transformation

  • Jan-14-2020
  • 15 Hrs IST

Infosys is currently trading at Rs. 774.05, up by 0.65 points or 0.08% from its previous closing of Rs. 773.40 on the BSE.

The scrip opened at Rs. 770.60 and has touched a high and low of Rs. 776.70 and Rs. 767.30 respectively. So far 190011 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 847.40 on 06-Sep-2019 and a 52 week low of Rs. 615.00 on 23-Oct-2019.

Last one week high and low of the scrip stood at Rs. 777.55 and Rs. 708.40 respectively. The current market cap of the company is Rs. 329469.40 crore.

The promoters holding in the company stood at 13.15%, while Institutions and Non-Institutions held 55.75% and 13.68% respectively.

Infosys has partnered with GEFCO, a world leader in multimodal supply chain solutions and the European leader in automotive logistics, to support its digital transformation over the next five years. As a key business and technology partner of GEFCO, the company will help transform the group’s next generation business application management services.

Building upon the foundation of these services, the company will also leverage its Live Enterprise Suite to help GEFCO evolve into a ‘Digital Native’ organization. This will enable new supply chain capabilities to extract and process information in real time and generate purposeful insights with very low latency to help GEFCO respond intelligently and effectively across the value chain. The end objective is to help GEFCO create new sustainable sources of competitive advantage and continuously improve value for its customers.

Infosys is a global leader in technology services and consulting. The company enables clients in 45 countries to create and execute strategies for their digital transformation.