Infosys rose 0.19% to Rs 983.80 at 9:30 IST on BSE after the company announced a strategic alliance with HP Inc. to accelerate digital transformation for the enterprise.
The announcement was made after market hours yesterday, 25 May 2017.Meanwhile, the S&P BSE Sensex was up 72.50 points, or 0.24% to 30,822.53.
On the BSE, 17,809 shares were traded in the counter so far, compared with average daily volumes of 2.34 lakh shares in the past one quarter. The stock had hit a high of Rs 990.10 and a low of Rs 980 so far during the day.
Infosys and HP Inc. yesterday, 25 May 2017 launched joint retail point of sale (RPOS) and enterprise device as a service (DaaS) solutions to help businesses accelerate digital transformation as part of the HP Global System Integrator (GSI) Alliance Program.
The joint RPOS solution offers a digital approach across the supply chain, enabling real-time collaboration between shoppers, retailers and vendors at the point of purchase, providing a true omnichannel experience. The joint enterprise device as a service solution defines and delivers technology enabled transformations that optimize how organizations acquire, manage and use devices with end to end services, enterprise applications, fleet reporting, analytics, insights and more.
Infosys' consolidated net profit fell 2.8% to Rs 3603 crore on 0.9% decline in revenues to Rs 17120 crore in Q4 March 2017 over Q3 December 2016.
Infosys is a global leader in technology services and consulting.
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