Infosys plunges on the BSE

12 Jan 2012 Evaluate

Infosys is currently trading at Rs. 2618.00, down by 208.00 points or 7.36% from its previous closing of Rs. 2826.00 on the BSE.

The scrip opened at Rs. 2744.00 and has touched a high and low of Rs. 2744.00 and Rs. 2607.60 respectively. So far 704821 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3388.00 on 12-Jan-2011 and a 52 week low of Rs. 2169.00 on 25-Aug-2011.

Last one week high and low of the scrip stood at Rs. 2895.30 and Rs. 2607.60 respectively. The current market cap of the company is Rs. 149934.35 crore.

The promoters holding in the company stood at 16.04% while Institutions and Non-Institutions held 54.85% and 15.00% respectively. 

Infosys has reported results for the third quarter ended December 31, 2011.

The company’s net profit for the quarter under review rose by 36.20% at Rs 2235.00 crore as compared to Rs 1641.00 crore for the quarter ended December 31, 2010. Its total income has increased by 33.91% to Rs 9118.00 crore for the quarter under review from Rs 6809.00 crore for the similar quarter of the previous year.

On consolidated basis, the group has posted a net profit of Rs 2372.00 crore for October-December quarter as compared to Rs 1780.00 crore for the same quarter last year, up 33.26%. Total income for the quarter grew by 31.42% to Rs 9720.00 crore from 7396.00 crore for the corresponding quarter of the previous fiscal.

The company beat market forecasts of a 30% y-o-y increase in net profit as a weak rupee boosted margins, but it cut its full-year revenue outlook because of the debt crisis in Europe, its second-biggest market.

Infosys Share Price

1922.05 -26.10 (-1.34%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
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Infosys 1922.05
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