Infosys trades higher on the BSE

11 Sep 2024 Evaluate

Infosys is currently trading at Rs. 1920.90, up by 8.00 points or 0.42% from its previous closing of Rs. 1912.90 on the BSE.

The scrip opened at Rs. 1913.00 and has touched a high and low of Rs. 1922.90 and Rs. 1904.85 respectively. So far 72322 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1975.05 on 02-Sep-2024 and a 52 week low of Rs. 1352.00 on 01-Nov-2023.

Last one week high and low of the scrip stood at Rs. 1938.90 and Rs. 1885.05 respectively. The current market cap of the company is Rs. 796794.65 crore.

The promoters holding in the company stood at 14.61%, while Institutions and Non-Institutions held 70.22% and 15.17% respectively.

Infosys has been positioned as a Leader in The Forrester Wave: Continuous Automation and Testing Services, Q2 2024 report. The company has been recognized for its focus on an AI-ready workforce and its client transparency.

In this assessment, Forrester evaluated 13 different continuous automation and testing service providers across 27 criteria under three high-level categories – current offering, strategy, and market presence. 

The report recognizes that Infosys excels with its AI talent strategy and client transparency, noting that its innovative approach has been a key differentiator. Infosys is cited for its talent management approach, which focuses on an AI-ready workforce driving automation productivity, digital growth, generative AI innovation, and sustainability. Infosys' efforts to transform testers from AI consumers into creators, integrating AI innovation across all its software testing accelerators have been acknowledged in the report.

Additionally, the recognition mentions Infosys' cloud testing services for its comprehensive solutions, collaborations, skills development, certifications, automation frameworks, and client proof points. Infosys is also noted for using its own intellectual property to differentiate its testing of AI-infused applications (AIIAs) and employing open-source and robotic process automation to test end-to-end processes, as well as using AI and generative AI to efficiently migrate legacy apps to modern stacks. The report further points out that Infosys' delivery strategy covers various geographical locations, enabling it to have a global reach beyond India.

Infosys is a global leader in next-generation digital services and consulting.

Infosys Share Price

1922.05 -26.10 (-1.34%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
TCS 4168.05
Infosys 1922.05
HCL Tech. 1911.20
Wipro 305.15
Tech Mahindra 1685.20
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