Friday 10 January 2014

Infosys surges on reporting 21% growth in consolidated net profit

Infosys is currently trading at Rs. 3512.00, up by 60.95 points or 1.77 % from its previous closing of Rs. 3451.05 on the BSE.

The scrip opened at Rs. 3494.00 and has touched a high and low of Rs. 3529.90 and Rs. 3449.00 respectively. So far 102282 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3581.00 on 06-Jan-2014 and a 52 week low of Rs. 2190.00 on 29-Apr-2013.

Last one week high and low of the scrip stood at Rs. 3581.00 and Rs. 3417.30 respectively. The current market cap of the company is Rs. 198171.77 crore.

The promoters holding in the company stood at 15.94 % while Institutions and Non-Institutions held 56.09 % and 12.82 % respectively.

Infosys has reported results for the third quarter ended December 31, 2013.

The company has reported 20.75% rise in its net profit after exceptional item at Rs 2735 crore for the quarter as compared to Rs 2265 crore for the same quarter in the previous year. Total income from operations of the company has increased by 23.92% at Rs 12242 crore for quarter under review as compared to Rs 9879 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has registered a growth of 21.36% in net profit at Rs 2875 crore as compared to Rs 2369 crore in the same quarter previous year. Total income of the company rose 25.90% to Rs 13757 crore for quarter under review as against Rs 10927 crore in corresponding quarter previous year.

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