Infosys Limited shares are trading higher after it disclosed a $2 billion AI deal over 5 years with an exiting client.
Portfolio Pulse from Benzinga Newsdesk
Infosys Limited has disclosed a $2 billion AI deal over 5 years with an existing client, leading to a rise in its share prices.
July 18, 2023 | 10:03 am
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Infosys Limited's shares are trading higher after the company disclosed a $2 billion AI deal over 5 years with an existing client.
The news of a $2 billion AI deal over 5 years with an existing client is a positive development for Infosys Limited. This could potentially increase the company's revenues and profitability over the next few years, which is likely to have a positive impact on its stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100