Infosys continues to move upwards
DSIJ Intelligence / 24 Aug 2017
With speculation about Nandan Nilekani returning to take charge of Infosys becoming stronger, the stock of the company has been spiraling upwards over the past three days.
With speculation about Nandan Nilekani returning to take charge of Infosys becoming stronger, the stock of the company has been spiraling upwards over the past three days. It was trading higher by over 1% during the early morning hours on Thursday, on the BSE.
The scrip had earlier taken a beating post Vishal Sikka’s resignation, with even the Rs 13,000 crore buyback announced by the company not coming to its rescue. Infosys was trading at Rs 908.40 per share, up by Rs 13.90 or 1.55% as at 1000 hours on Thursday, on the BSE. The stock has hit a high and low of Rs 910 and Rs 902.35 respectively.
The stock attracted a traded volume of 52,66,566 shares and traded value of Rs 47,769.86 lakhs on the NSE. The company had hit its 52-week high of Rs 1,082.70 on October 14, 2016 and 52-week low of Rs 860 on August 22, 2017, on the NSE.
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