Infosys shares recover from 52-week low after ABN AMRO deal extension
At around 12.56 pm, the stock was trading at ₹1,001.20 on the NSE, up 0.71 per cent or ₹7.10 from its previous close of ₹994.10
Infosys shares rebounded from a 52-week low of ₹980.40 on September 29 after ABN AMRO Bank extended its strategic collaboration with the IT major. The stock was trading at ₹1,001.20 on Thursday, up 0.71 per cent or ₹7.10 from its previous close of ₹994.10. The renewed partnership will focus on AI-driven application development, testing, and IT support services, leveraging Infosys' generative and agentic AI platform, Topaz.
Despite the short-term rebound, Infosys remains under significant pressure, down over 38 per cent year-to-date and nearly 31 per cent over one year.
Brief written by urgent.news from Hindu BusinessLine's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
