Infosys hits new all-time high, stock up for third straight trading session

In the past six trading days, Infosys has gained 7 per cent after Accenture reported strong results for the quarter ended November (Q1FY22) and also gave a strong FY22 outlook

Shares of Infosys hit a record high of Rs 1,860, up 2 per cent on the BSE in Thursday’s intra-day trade. The stock surpassed its previous high of 1,848.25 on October 20, 2021. The stock of information technology (IT) consulting & software major was trading higher for the third straight day, gaining 3.4 per cent during the same period.

Infosys has outperformed the market by a wide margin. In the past one month, the stock was up 7 per cent, as compared to a 2.2 per cent fall in the S&P BSE Sensex. Moreover, in the past three months,