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Infosys gains on inaugurating Technology and Innovation Center in Arizona

Infosys is currently trading at Rs. 835.80, up by 6.65 points or 0.80% from its previous closing of Rs. 829.15 on the BSE.

The scrip opened at Rs. 831.55 and has touched a high and low of Rs. 838.00 and Rs. 831.55 respectively. So far 6498 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. 600.65 on 26-Nov-2018.

Last one week high and low of the scrip stood at Rs. 840.00 and Rs. 811.20 respectively. The current market cap of the company is Rs. 353086.25 crore.

The promoters holding in the company stood at 13.04%, while Institutions and Non-Institutions held 56.34% and 13.25% respectively.

Infosys has inaugurated its Technology and Innovation Center in Arizona. The company plans to hire 1,000 American workers in the state by 2023. The company also announced that it has surpassed its spring 2017 commitment to hire 10,000 American workers as part of its ongoing efforts to accelerate the pace of innovation for American enterprises.

The company’s investment in Arizona will amplify top local talent alongside the best global talent to shrink the IT skills gap in the state. Hiring is currently in progress and the Center will move to its permanent location, a 60,000-square-foot facility, in the ASU Novus Innovation Corridor by 2020, and would accommodate up to 500 employees.

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.

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