Infosys slips after Q2 results

Infosys fell 3.54% to Rs 1,126.45 at 9:29 IST on BSE after consolidated net profit in rupee terms rose 12.1% to Rs 3398 crore on 8.9% increase in revenue to Rs 15635 crore in Q2 September 2015 over Q1 June 2015.

The result was announced during trading hours today, 12 October 2015.

Meanwhile, the BSE Sensex was up 0.82 points at 27,080.33.

On BSE, so far 5.71 lakh shares were traded in the counter, compared with an average volume of 1.95 lakh shares in the past one quarter.

The stock hit a high of Rs 1,219 so far during the day, which is also a record high for the counter. The stock hit a low of Rs 1,108.90 so far during the day. The stock hit a 52-week low of Rs 900 on 10 October 2014.

The stock had outperformed the market over the past one month till 9 October 2015, rising 7.29% compared with 5.29% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 24.54% as against Sensex's 1.79% decline.

The large-cap IT company has an equity capital of Rs 1148.47 crore. Face value per share is Rs 5.

Infosys is a global leader in consulting, technology and outsourcing solutions.

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