12 Sep 2024

Infosys Gains on Collaboration with Clearstream

Infosys shares are currently trading at Rs. 1913.00, marking a rise of 2.20 points or 0.12% from its previous close of Rs. 1910.80 on the BSE.

The stock opened at Rs. 1921.25 and fluctuated between a high of Rs. 1930.30 and a low of Rs. 1910.80. A total of 60,918 shares have changed hands so far.

This BSE 'A' group stock, with a face value of Rs. 5, reached its 52-week high of Rs. 1975.05 on September 2, 2024, and a 52-week low of Rs. 1352.00 on November 1, 2023. In the past week, the stock's high and low were Rs. 1935.90 and Rs. 1885.05, respectively. The company's market capitalization currently stands at Rs. 7,94,303.36 crore.

The company's shareholding pattern includes 14.61% held by promoters, while institutions and non-institutional investors own 70.22% and 15.17%, respectively.

Infosys has partnered with Clearstream, the post-trade services unit of Deutsche Börse, a global exchange organization and market infrastructure provider. This collaboration was crucial in the successful Generation 2 launch of Clearstream's D7 platform, a cutting-edge digital post-trade system for the issuance of digital securities.

Infosys played a pivotal role in the end-to-end implementation, customization, and deployment of the platform, providing go-live and post-launch support. The D7 platform lays the groundwork for institutional-grade digital asset infrastructure, paving the way for asset tokenization and the expansion of digital assets.

Infosys is a global leader in digital services and consulting.