Infosys eyes space tech sector with strategic investment in GalaxEye

Stocks to watch today: Global IT services giant Infosys announced on September 19 about its plans to invest up to ₹17 crore (approximately $2 million) in space tech startup GalaxEye Space Solutions. The investment, part of the Infosys Innovation Fund, marks the company’s entry into the burgeoning space technology sector, keeping it in focus on September 20.

Infosys share price closed in the green, up 0.26 per cent at ₹1,897.00, on September 19, on NSE. The company enjoys a market capitalisation of ₹7,87,659.95 crore. Infosys stock price hit its 52-week high on September 2, 2024 at ₹1,975.75, as per NSE.