Infosys fell 8.03% to Rs 1,072.25 at 10:18 IST on BSE after consolidated net profit fell 4.48% to Rs 3436 crore on 1.40% increase in revenues to Rs 16782 crore in Q1 June 2016 over Q4 March 2016.
The result was announced during trading hours today, 15 July 2016.Meanwhile, the BSE Sensex was down 92.24 points, or 0.33%, to 27,849.87.
On BSE, so far 7.97 lakh shares were traded in the counter, compared with an average volume of 1.67 lakh shares in the past one quarter. The stock hit a high of Rs 1,195 and a low of Rs 1,068 so far during the day. The stock hit a 52-week high of Rs 1,278 on 3 June 2016. The stock hit a 52-week low of Rs 969 on 15 July 2015. The stock had underperformed the market over the past one month till 14 July 2016, rising 0.06% compared with 5.86% decline in the Sensex. The scrip had also underperformed the market in past one quarter, rising 0.32% as against Sensex's 9.03% rise.
The large-cap company has an equity capital of Rs 1148.47 crore. Face value per share is Rs 5.
Infosys is one of the leading information technology outsourcing services providers. The company provides business consulting, information technology and outsourcing services.
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