Thursday 4 June 2015

Infosys up 1.3% on strong order book

Vishal Sikka was quoted as saying that the company has won six major deals this quarter that would contribute more than $ 50 million in annual revenue. 

Infosys Tech
Infosys rallied 1.3 percent to touch a high of Rs. 2,049 in early morning trade on the back of rising order book.

According to media reports, the Chief Executive Officer (CEO) Vishal Sikka was quoted as saying that the company has won six major deals this quarter that would contribute more than $ 50 million in annual revenue.

The stock is now up 1.3 percent at Rs. 2,043. The counter has seen trades of around 18,000 shares as against the two-week daily average volume of around 125,000 shares on the BSE.

Meanwhile, the Sensex has slipped 51 points to 26,798.

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