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Infosys hits record high, rallies for 8th straight day; up 13% in a month

The stock hit a record high of Rs 1,484.10, surpassing its previous high of Rs 1,480 touched on April 12, 2021

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Board of directors of the company is scheduled to meet on July 14 to consider and approve the financial results for Q1FY22

Deepak Korgaonkar Mumbai
Shares of Infosys rose 1 per cent to hit a record high of Rs 1,484.10 on the BSE in intra-day trade on Wednesday in an otherwise subdued market. The stock of the information technology (IT) major surpassed its previous high of Rs 1,480 touched on April 12, 2021.

Infosys was trading higher for eight straight days. At 01:25 pm, the stock was up 0.45 per cent at Rs 1,479.45, as compared to a 0.41 per cent decline in the S&P BSE Sensex.

Infosys on Monday, June 14, 2021, informed the stock exchanges that the meeting of the Board of directors