Infosys trades higher on the bourses

Infosys is currently trading at Rs. 3132.00, up by 12.95 points or 0.42% from its previous closing of Rs. 3119.05 on the BSE. The scrip opened at Rs. 3117.00 and has touched a high and low of Rs. 3149.90 and Rs. 3097.30 respectively. So far 10052 shares were traded on the counter. The BSE group 'A ' stock of face value Rs. 5 has touched a 52 week high of Rs. 3847.20 on 03-Mar-2014 and a 52 week low of Rs. 2315.75 on 30-May-2013. Last one week high and low of the scrip stood at Rs. 3337.40 and Rs. 3005.00 respectively. The current market cap of the company is Rs. 180399.16 crore. The promoters holding in the company stood at 15.94% while Institutions and Non-Institutions held 55.76% and 12.20% respectively.  Infosys has been chosen by Union National Bank (UNB), Abu Dhabi, one of the Middle East’s leading banks, which has implemented Infosys Finacle Treasury solution to empower its Treasury and Capital Markets’ business, as well as integrate its trading, risk management and back office operations. Finacle has also enabled UNB to extend its Fixed Income offering to newer markets in Europe and South East Asia and manage more asset types effectively. The implementation of the Finacle Treasury solution will help UNB process trades faster and also aggregate risk across multiple asset classes seamlessly. The new solution has automated the monitoring of various limits and alerts to relevant stakeholders at UNB. It also offers real-time monitoring and action in case of a security breach. Infosys is a global leader in consulting, technology and outsourcing solutions. The company enables clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition.