<p class="title">Shares of Infosys Friday slipped by 1 per cent after the IT major appointed Jayesh Sanghrajka as the interim chief financial officer (CFO).</p>.<p class="bodytext">The stock on the BSE settled at Rs 650.45, registering a decline of 0.9 per cent. It had dropped 1.82 per cent to Rs 644.4, its lowest level during the trading hours.</p>.<p class="bodytext">On the NSE, the scrip plunged 0.67 per cent to close at Rs 652. In the intra-day trade, the stock had touched a low of Rs 644.20 and a high of Rs 662.50.</p>.<p class="bodytext">In terms of equity volume, a total of over 93 lakh shares were traded during the day on both exchanges.</p>.<p class="bodytext">Infosys on Thursday named Sanghrajka as the interim CFO.</p>.<p class="bodytext">The appointment was done after his predecessor M D Ranganath surprisingly resigned in August, raising questions over the stability at the country's second largest IT services firm.</p>.<p class="bodytext">The board is in the process of selecting the next CFO and named Sanghrajka as the interim CFO Thursday.</p>.<p class="bodytext">Infosys has seen a number of senior-level exits including Rajesh Krishnamurthy (former President), Sangita Singh (ex-healthcare business head) and former independent director Ravi Venkatesan.</p>
<p class="title">Shares of Infosys Friday slipped by 1 per cent after the IT major appointed Jayesh Sanghrajka as the interim chief financial officer (CFO).</p>.<p class="bodytext">The stock on the BSE settled at Rs 650.45, registering a decline of 0.9 per cent. It had dropped 1.82 per cent to Rs 644.4, its lowest level during the trading hours.</p>.<p class="bodytext">On the NSE, the scrip plunged 0.67 per cent to close at Rs 652. In the intra-day trade, the stock had touched a low of Rs 644.20 and a high of Rs 662.50.</p>.<p class="bodytext">In terms of equity volume, a total of over 93 lakh shares were traded during the day on both exchanges.</p>.<p class="bodytext">Infosys on Thursday named Sanghrajka as the interim CFO.</p>.<p class="bodytext">The appointment was done after his predecessor M D Ranganath surprisingly resigned in August, raising questions over the stability at the country's second largest IT services firm.</p>.<p class="bodytext">The board is in the process of selecting the next CFO and named Sanghrajka as the interim CFO Thursday.</p>.<p class="bodytext">Infosys has seen a number of senior-level exits including Rajesh Krishnamurthy (former President), Sangita Singh (ex-healthcare business head) and former independent director Ravi Venkatesan.</p>