100 days of Vishal Sikka: Infosys stock climbs up 16.12% in three months

Contrast in Infosys' stock performance goes in Sikka's favour, when three months prior to the announcement of his appointment, it reported 0.51% fall.

100 days of Vishal Sikka: Infosys stock climbs up 16.12% in three months
When its founder NR Narayana Murthy returned to revive plunging profits and dampened spirits in 2013, Infosys was debunked as a 'family business' by many. Little did its critics know, that in less than a year's time, Infosys would witness a massive change and will begin charting a new course under its first ever non-founder CEO. The appointment and anointment of Vishal Sikka, formally working with SAP, was heralded as the arrival of a much-needed change that Infosys needed - both in its thinking and ideology.

It's been three months since Infosys named Vishal Sikka as its first non-founder CEO although he formally took charge only on August 1. Since the announcement on June 12, Sikka's approval rating on the stock market has been on a steady climb gaining as much as 16.12%. While most other IT companies have also seen a similar rise during this period, what marks in his favour is the contrast in performance of Infosys stock three months prior to the announcement when it reported a 0.51% fall while most peers moved up. We take a look at the charts:



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