Millennium Post

Scrip zooms 7% on better-than expected results

Shares of IT major Infosys on Friday settled nearly 7 per cent higher, adding Rs 13,977.57 crore to its market valuation, after the company posted 28.6 per cent jump in consolidated net profit for the quarter ended 30 September, and declared bonus shares.

After surging 7.21 per cent to Rs 3,908.60 — its 52-week high on the BSE in intra-day trade, shares of Infosys finally ended at Rs 3,888.95, up 6.68 per cent from its previous close.
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