New Delhi, July 24 -- IT major Infosys share price fell over 0.85 per cent to Rs.1,563.20 apiece in Thursday's trading session after the company announced its June quarter financial results on Wednesday after market hours.
The IT stock was down less than a per cent to close at Rs.1,558.90 on Wednesday before the earnings announcement. Infosys shares have given negative returns by descending over 2 per cent in a month and nearly 17 per cent in six months.
India's second-largest IT services exporter posted a 9 per cent year-on-year increase in consolidated net profit, reaching Rs.6,921 crore for the quarter ending in June.
Revenue from operations grew 8 per cent year-on-year to Rs.42,279 crore.
The Bengaluru-headquartered firm has revis...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.