Infosys nears record high; stock up 5% in one week

The stock has recovered 8 per cent from its recent low of Rs 710 on March 18, against 2.5 per cent rise in the benchmark index

Infosys shares were trading higher for the fifth straight day, up 1.3 per cent, at Rs 765 on Tuesday in intra-day trade, gaining 5 per cent in one week on the BSE. In comparison, the benchmark S&P BSE Sensex was up 2 per cent during the week.

The stock was trading close to its all-time high of Rs 771 touched on February 2, 2019 on the BSE. It has recovered 8 per cent from its recent low of Rs 710 on March 18, against 2.5 per cent rise in the benchmark index.

The six-month buyback offer of Infosys commenced on