Infosys in green on investing $4 million in CloudEndure

10 Dec 2015 Evaluate

Infosys is currently trading at Rs. 1037.75, up by 8.40 points or 0.82% from its previous closing of Rs. 1029.35 on the BSE.

The scrip opened at Rs. 1035.10 and has touched a high and low of Rs. 1041.95 and Rs. 1030.45 respectively. So far 25868 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1219.00 on 12-Oct-2015 and a 52 week low of Rs. 932.55 on 10-Jul-2015.

Last one week high and low of the scrip stood at Rs. 1063.60 and Rs. 1023.50 respectively. The current market cap of the company is Rs. 238882.25 crore.

The promoters holding in the company stood at 13.08% while Institutions and Non-Institutions held 57.06% and 13.08% respectively.

Infosys, a global leader in consulting, technology, outsourcing and next-generation services, has made an investment of $4 million in CloudEndure, a startup that provides Cloud Migration and Cloud-based Disaster Recovery (DR) software. The investment will be completed by December 11, 2015.

Many leading enterprises look to Infosys for guidance and implementation services associated with large-scale infrastructure transformation projects. CloudEndure provides enterprise grade cloud migration and cloud-based Disaster Recovery (DR) software that uniquely supports migration and DR for both on-premise to-cloud and cloud-to-cloud scenarios.

Infosys is a global leader in consulting, technology, outsourcing and next-generation services.

Infosys Share Price

1902.95 68.75 (3.75%)
22-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
TCS 4245.75
Infosys 1902.95
HCL Tech. 1899.05
Wipro 571.40
Tech Mahindra 1747.70
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.