Infosys bags order from BMW - Angel Broking

Infosys has bagged an order from German car-maker BMW group. The five year order will cover services such as maintenance and operations of web infrastructure, content management, SAP basis operations, internal IT system, content management and business intelligence systems. The financial terms of the order were not revealed. To support this order, Infosys will open a new delivery center in Munich which will form an integral part of a global service delivery team from Infosys.

Owing to the recent run up in stock price, we maintain our Neutral rating on the stock.

Source : Equity Bulls

Keywords