Infosys trades with traction on the bourses

12 May 2017

Infosys is currently trading at Rs. 961.20, up by 17.35 points or 1.84% from its previous closing of Rs. 943.85 on the BSE.

The scrip opened at Rs. 950.00 and has touched a high and low of Rs. 964.70 and Rs. 950.00 respectively. So far 190136 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1278.00 on 03-Jun-2016 and a 52 week low of Rs. 900.30 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 964.70 and Rs. 921.25 respectively. The current market cap of the company is Rs. 220460.75 crore.

The promoters holding in the company stood at 12.75%, while institutions and non-institutions held 58.62% and 11.94% respectively.

IT major Infosys has reportedly delayed salary increases to at least July and even later for senior employees, even as it played down fears of job cuts and started taking steps to reduce operating costs.

For employees ranked JL5 (job level 5) and below -- typically those with less than eight years of experience -- the compensation review will be effective from July. Moreover, the review for other employees would be rolled out in subsequent quarters. However, the company is not planning any job cuts.

 

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Infosys Share Price

703.95 -1.40 (-0.20%) Nov 15, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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