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Infosys & Relaxo Footwears Stock Surge on Major Business Developments

By SivamInfosys & Relaxo Footwears Stock Surge on Major Business Developments

Infosys shares climb on Valmet IT modernization deal. Relaxo Footwears stock rises after SPV incorporation. Discover the latest market movements.

Infosys Shares Surge on Valmet Collaboration

Infosys shares gained 1.37% to Rs. 1159.00 on the BSE, following the announcement of a key collaboration with Valmet. The IT major will modernize Valmet’s core IT services and deliver an end-to-end IT transformation.

  • The scrip opened at Rs. 1154.20.
  • It touched a high of Rs. 1162.60 during the trading session.

Relaxo Footwears Jumps on SPV Incorporation

Relaxo Footwears saw its stock jump 2.70% to Rs. 359.65. This rise came after the company incorporated a Special Purpose Vehicle (SPV).

  • The Ministry of Corporate Affairs issued the Certificate of Incorporation for the SPV on June 13, 2026.
  • The scrip opened at Rs. 352.00.
  • It hit a high of Rs. 364.80.
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    Infosys & Relaxo Footwears Stock Surge on Major Business Developments | The PIP | The PIP