Friday, March 12, 2021

Infosys surges as its arm extends strategic collaboration with Newmont Corporation

Infosys is currently trading at Rs. 1387.85, up by 19.75 points or 1.44% from its previous closing of Rs. 1368.10 on the BSE.

The scrip opened at Rs. 1372.00 and has touched a high and low of Rs. 1390.30 and Rs. 1372.00 respectively. So far 15069 shares were traded on the counter.


The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1392.70 on 13-Jan-2021 and a 52 week low of Rs. 511.10 on 19-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1390.30 and Rs. 1306.00 respectively. The current market cap of the company is Rs. 582795.28 crore.

The promoters holding in the company stood at 12.95%, while Institutions and Non-Institutions held 56.01% and 13.78% respectively.

Infosys BPM, the business process management arm of Infosys has extended strategic collaboration with Newmont Corporation, the world's largest gold mining company, to standardize and digitize delivery models across its mine sites. Through this renewed engagement, Infosys BPM will drive operational excellence leveraging automation, artificial intelligence (AI), and design thinking, to deliver increased business value for Newmont.

As part of the engagement, Infosys BPM will provide an enhanced end-to-end digital service to Newmont with its analytics-driven platform-as-a-service offering. Infosys BPM will leverage DigiTran, a solution applying advanced techniques like knowledge management, simulation, and best-in-class processes. DigiTran enables remote transition of services and establishes a sound standard operating procedure (SOP) knowledge base to deliver transparent and harmonized processes.

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

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