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Home/Business/Infosys & Relaxo Footwears Stock Surge o…

Infosys & Relaxo Footwears Stock Surge on Major Business Developments

Business
By ThePip Desk•
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A Memorandum of Understanding document, a pen, and a laptop are visible on a polished dark wood desk.

Memorandum of Understanding, pen, and laptop on a desk.

Key Highlights

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 , 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.
InfosysRelaxo FootwearsValmet