Infosys stock jumps on Q4 profit uptick, adds ₹12,563 cr in valuation
By
Binu Mathew
Shares of Infosys climbed over 2 per cent on Monday after the company’s March quarter net profit rose 3.3 per cent sequentially.
The stock bounced back after a muted beginning and rallied 3.61 per cent to Rs 1,471.50 in intra-day trade on the BSE. It finally ended at Rs 1,450.45, up 2.13 per cent.
Shares of the firm climbed 2.07 per cent to Rs 1,449 apiece on the NSE.
The company added Rs 12,563.63 crore, taking its market valuation to Rs 6,02,410.10 crore.