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      Infosys hits record high

      MoM Team / Mumbai, Nov 24, 2014 09:42 AM IST

        Infosys hits record high

        The announcement was made after market hours on Friday, 21 November 2014.

        Meanwhile, the S&P BSE Sensex was up 164.65 points or 0.58 per cent at 28,499.28.

        On BSE, so far 19,000 shares were traded in the counter as against average daily volume of 73,094 shares in the past one quarter.

        The stock hit a high of Rs 4,247.95 so far during the day, which is a record high for the counter. The stock hit a low of Rs 4,186 so far during the day. The stock had hit a 52-week low of Rs 2,894 on 30 May 2014.

        The stock had outperformed the market over the past one month till 21 November 2014, surging 9.85 per cent compared with the Sensex's 6.62 per cent rise. The scrip had also outperformed the market in past one quarter, jumping 17.02 per cent as against Sensex's 7.49 per cent rise.

        The large-cap company has equity capital of Rs 287.12 crore. Face value per share is Rs 5.

        Infosys' consolidated net profit as per International Financial Reporting Standards (IFRS) rose 7.28 per cent to Rs 3,096 crore on 4.48 per cent rise in revenue to Rs 13,342 crore in Q2 September 2014 over Q1 June 2014.

        Infosys is a global leader in consulting, technology and outsourcing solutions.


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      Source: Capital Market


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