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Infosys surges nearly 5% today; should you buy the stock?

Shares of Infosys have slipped around 14 per cent in the last 12 days after an anonymous whistleblower group alleged that the company's management was taking 'unethical' steps to spur revenue.

Infosys plans less staff deployment to meet future demands, check attrition
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Swati Verma New Delhi
Leading information technology (IT) players such as Infosys, HCL Tech, and Tata Consultancy Services (TCS) were trading in the positive territory on Thursday. Infosys (up over 4.50 per cent) was the top performer on the S&P BSE Sensex, while TCS was trading close to its all-time high of Rs 2,296 on the BSE. HCL Tech, too, was trading nearly a per cent higher. Tech Mahindra, however, was trading over a per cent lower at Rs 747.40 apiece on the BSE. 

Shares of Infosys were trading higher for the fifth straight day, up 9 per cent in past one week, as

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First Published: Oct 31 2019 | 11:55 AM IST

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