The consolidated net profit dropped 4.4% to Rs. 3,436 crore in Q1 FY17 as against Rs.3,597 crore in Q4 FY16.
Infosys plunged 7.7% to Rs.1085 post Q1 FY17 results. IT bellwether Infosys announced its financial results for the first quarter ended June 30, 2016 on July 15. The consolidated net profit dropped 4.4% to Rs. 3,436 crore in Q1 FY17 as against Rs.3,597 crore in Q4 FY16.
The company posted rupee revenue of Rs.16,780 crore in Q1 FY17 as compared with Rs.16,550 crore qoq while the dollar revenue stood at $2,501 million as against $2,446 million yoy. The company revised constant currency revenue guidance to 10.5-12% from 11.5-13.5%.
The scrip opened at Rs. 1186.35 and has touched a high and low of Rs. 1195 and Rs. 1060 respectively. So far 4344646(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 270086.24 crore.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1278 on 03-Jun-2016 and a 52 week low of Rs. 969 on 15-Jul-2015. Last one week high and low of the scrip stood at Rs. 1195.05 and Rs. 1153.2 respectively.
The promoters holding in the company stood at 12.75 % while Institutions and Non-Institutions held 57.71 % and 29.05 % respectively.
The stock is currently trading below its 50 DMA.
The company posted rupee revenue of Rs.16,780 crore in Q1 FY17 as compared with Rs.16,550 crore qoq while the dollar revenue stood at $2,501 million as against $2,446 million yoy. The company revised constant currency revenue guidance to 10.5-12% from 11.5-13.5%.
The scrip opened at Rs. 1186.35 and has touched a high and low of Rs. 1195 and Rs. 1060 respectively. So far 4344646(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 270086.24 crore.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1278 on 03-Jun-2016 and a 52 week low of Rs. 969 on 15-Jul-2015. Last one week high and low of the scrip stood at Rs. 1195.05 and Rs. 1153.2 respectively.
The promoters holding in the company stood at 12.75 % while Institutions and Non-Institutions held 57.71 % and 29.05 % respectively.
The stock is currently trading below its 50 DMA.
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