Infosys surges on reporting 3.71% rise in Q1 consolidated net profit

12 Jul 2013

Infosys is currently trading at Rs. 2821.00, up by 294.25 points or 11.65% from its previous closing of Rs. 2526.75 on the BSE.

The scrip opened at Rs. 2779.40 and has touched a high and low of Rs. 2905.00 and Rs. 2779.40 respectively. So far 2, 66,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3010.00 on 07-Mar-2013 and a 52 week low of Rs. 2101.65 on 26-Jul-2012.

Last one week high and low of the scrip stood at Rs. 2563.45 and Rs. 2438.30 respectively. The current market cap of the company is Rs. 1, 61,992 crore.

The promoters holding in the company stood at 16.04% while Institutions and Non-Institutions held 57.83% and 13.59% respectively.

The company has reported 2.09% rise in its net profit after exceptional item at Rs 2250 crore for the quarter as compared to Rs 2204 crore for the same quarter in the previous year. Total income of the company has increased by 12.32% at Rs 10522 crore for quarter under review as compared to Rs 9368 crore for the quarter ended June 30, 2012.

On the consolidated basis, the group registered a gain of 3.71% in its net profit at Rs 2374 crore for the quarter as compared to Rs 2289 crore for the same quarter in the previous year. Total income of the company, on consolidated basis, has surged by 17.36% at Rs 11844 crore for quarter under review as compared to Rs 10092 crore for the quarter ended June 30, 2012.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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