Monday 18 April 2016

Infosys climbs 6.4% post Q4 results; hits 52-week high

Infosys net profit for the quarter stood at Rs. 3,597 crore as against Rs. 3,465 crore qoq. The IT firm registered a net revenue of Rs. 16,550 crore in Q4 as compared to Rs. 15,902 core in Q3 FY16.

Infosys climbed 6.4% to Rs. 1247 on Monday after the company announced its financial results for the quarter ended March 31, 2015.

The net profit for the quarter stood at Rs. 3,597 crore as against Rs. 3,465 crore qoq. The IT firm registered a net revenue of Rs. 16,550 crore in Q4 as compared to Rs. 15,902 core in Q3 FY16.

The Consolidated EBIT Margin stood at 25.5% in Q4 as compared to 24.9% in Q3.

The stock hit a 52-week high value of Rs. 1267.90 after the opening bell on Monday.

The scrip opened at Rs. 1245.55 and has touched a high and low of Rs. 1267.9 and Rs. 1239.1 respectively. So far 3874358(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 269213.4 crore.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week low of Rs. 932.55 on 10-Jul-2015. Last one week high and low of the scrip stood at Rs. 1214.85 and Rs. 1151.4 respectively.

The promoters holding in the company stood at 13.07 % while Institutions and Non-Institutions held 57.18 % and 12.48 % respectively.

The stock is currently trading above its 50 DMA. 

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