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Infosys rose 1% to Rs 1,087.50 at 09:41 IST on BSE, after the company announced that Fubon Bank (Hong Kong) has decided to adopt the company's newgeneration Finacle core banking solution.
The announcement was made after market hours yesterday, 15 December 2015.
Meanwhile, the S&P BSE Sensex was up 86.08 points or 0.34% at 25,406.52
On BSE, so far 11,069 shares were traded in the counter as against average daily volume of 1.85 lakh shares in the past one quarter.
The stock hit a high of Rs 1,089.60 and a low of Rs 1,080 so far during the day. The stock had hit a 52-week low of Rs 932.55 on 10 July 2015. The stock had hit a record high of Rs 1,219 on 12 October 2015.
The large-cap company has equity capital of Rs 1148.47 crore. Face value per share is Rs 5.
Infosys announced that Fubon Bank (Hong Kong), a wholly owned subsidiary of Fubon Financial Holding Co., has decided to adopt the company's newgeneration Finacle core banking solution. This transformation initiative will significantly improve the bank's operational efficiency, strengthen innovation capabilities and support rapid growth, Infosys said in a statement.
Finacle is the industry-leading universal banking solution from EdgeVerve Systems, a wholly owned subsidiary of Infosys.
Infosys' consolidated net profit rose 12.14% to Rs 3398 crore on 8.92% growth in net sales to Rs 15635 crore in Q2 September 2015 over Q1 June 2015.
Infosys is a global leader in consulting, technology and outsourcing solutions.
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