Infosys stock outperforms TCS, Wipro during Sikka's tenure

On an absolute basis, Infy has gained nearly 29% at the bourses since Sikka was announced MD & CEO

Infosys slipped over 13% intra-day to Rs 884 levels on the Bombay Stock Exchange (BSE) after Vishal Sikka, managing director and chief executive (MD & CEO) of the company quit. It, however, trimmed losses to end the day 9.6% lower at Rs 923 levels. 

Despite the fall on Friday that was triggered by Sikka’s exit and concerns across the information technology industry given the slowdown in revenue from the BFSI (banking, financial services and insurance) segments, H1-B visa related issues, automation etc, Infosys has managed to outperform peers since Vishal Sikka was announced the company’s MD & CEO on June