Infosys surges on reporting better-than-expected Q2 numbers

11 Oct 2013

Infosys is currently trading at Rs. 3303.80, up by 179.65 points or 5.75% from its previous closing of Rs. 3124.15 on the BSE.

The scrip opened at Rs. 3320.00 and has touched a high and low of Rs. 3360.00 and Rs. 3157.65 respectively. So far 298774 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3360.00 on 11-Oct-2013 and a 52 week low of Rs. 2190.00 on 29-Apr-2013.

Last one week high and low of the scrip stood at Rs. 3360.00 and Rs. 3005.50 respectively. The current market cap of the company is Rs. 179399.99 crore.

The promoters holding in the company stood at 15.94% while Institutions and Non-Institutions held 56.09% and 12.82% respectively. Infosys has reported results for the second quarter ended September 30, 2013.

The company has reported 0.68% fall in its net profit at Rs 2326 crore for the quarter as compared to Rs 2342 crore for the same quarter in the previous year. Total income from operations of the company has increased by 22.83% at Rs 11985 crore for quarter under review as compared to Rs 9757 crore for the quarter ended September 30, 2012.

On the consolidated basis, the group has registered a growth of 1.60% in net profit at Rs 2407 crore as compared to Rs 2369 crore in the same quarter previous year. Total income of the company rose 27.56% to Rs 13475 crore for quarter under review as against Rs 10564 crore in corresponding quarter previous year.


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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323