Press Esc to close
Saturday 30 July 2016
News updated at 10:45 AM IST
Weather
Max: 23.2°C
Min : 19.8°C
In Bengaluru
Generally cloudy

Infosys shares down nearly 3% in early trade on profit-booking

Mumbai, Jul 15, 2013, (PTI) :
Employees walk in a forecourt at the Infosys campus in the Electronic City area of Bangalore September 4, 2012.  Credit: Reuters/

Shares of IT major Infosys today fell by nearly 3 per cent in early trade on profit-booking, after the stock had a smart rally in the previous session on better-than-expected first quarter earnings.

After making a weak opening, the stock further lost 2.62 per cent to Rs 2,729.05 on the BSE.

At the NSE, the scrip was down 2.7 per cent to Rs 2,728.30.

Dip in the stock was significant in sending the BSE benchmark Sensex down by 34.37 points to 19,924.10 at 1145 hrs. Infosys alone contributed 27.24 points to the overall Sensex fall.

Shares of IT major Infosys had on Friday ended with nearly 11 per cent gains, after the company posted a near 4 per cent increase in consolidated net profit for the April-June quarter, meeting market expectations.

The company's consolidated net profit rose by 3.7 per cent to Rs 2,374 crore for the April-June quarter against Rs 2,289 crore in the year-ago period. Its consolidated revenues rose 17.2 per cent to Rs 11,267 crore from Rs 9,616 crore in the year-ago period.


Go to Top

Photo Gallery
An elephant moves through a waterlogged street after heavy rains in New Delhi on Friday...

An elephant moves through a waterlogged street after heavy rains in New Delhi on Friday...

People catching fish at flooded water due to heavy rain Madiwala Lake over flow...

People catching fish at flooded water due to heavy rain Madiwala Lake over flow...

Rain water flooded on the road at Anugraha Layout 2nd stage, Bilekahalli in Bengaluru...

Rain water flooded on the road at Anugraha Layout 2nd stage, Bilekahalli in Bengaluru...

Workers remove scaffolding from a replica of planet earth after repairs at Science City...

Workers remove scaffolding from a replica of planet earth after repairs at Science City...

Women unload rice grains from a boat to dry in the sunshine in flood affected village Murkata...

Women unload rice grains from a boat to dry in the sunshine in flood affected village Murkata...

Members of Karunada Seene staging protest against Mahadai tribunal verdict at SBM circle...

Members of Karunada Seene staging protest against Mahadai tribunal verdict at SBM circle...

Karnataka Fire & Emergency Service personnel rescuing the people form the flood affected...

Karnataka Fire & Emergency Service personnel rescuing the people form the flood affected...

A boy tries to swim in the flooded water at Kodichikkanhalli area in Bengaluru on Friday...

A boy tries to swim in the flooded water at Kodichikkanhalli area in Bengaluru on Friday...

A young one-horned rhino trying to rise above water on the National Highway from the flooded...

A young one-horned rhino trying to rise above water on the National Highway from the flooded...

A Royal Bengal Tiger in a pool in Kolkata on Friday during International Tiger day...

A Royal Bengal Tiger in a pool in Kolkata on Friday during International Tiger day...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523