Infosys shares gain over 1% after acquiring two US-based companies for $560 million. Here's what Nomura, Emkay are saying
Infosys share price gained over 1% rose after announcing the acquisition of two US-based firms, Optimum Healthcare IT for $465 million and Stratus for $95 million. These all-cash deals aim to bolster Infosys' presence in healthcare and insurance sectors, bringing in over 2,000 professionals and enhancing its digital transformation capabilities.