 "Infosys")
Infosys was trading 1% lower at Rs 994 falling 5% from its early morning high on the National Stock Exchange (NSE) after the company revised FY17 revenue guidance to 8.4% - 8.8% from 8.0% - 9.0% in constant currency.
The company now expects its dollar revenue to grow between 7.2% and 7.6%—down from its earlier expectation of growing between 7.5% and 8.5% in the current financial year.
The stock rallied 4% to Rs 1,040 in intra-day trade, hit a low of Rs 988 so far. It was ended 3% higher at Rs 1,000 on Thursday. A combined 7.7 million
The company now expects its dollar revenue to grow between 7.2% and 7.6%—down from its earlier expectation of growing between 7.5% and 8.5% in the current financial year.
The stock rallied 4% to Rs 1,040 in intra-day trade, hit a low of Rs 988 so far. It was ended 3% higher at Rs 1,000 on Thursday. A combined 7.7 million
