100 days of Vishal Sikka: Infosys up at 16.12 per cent
Since the announcement on June 12, Vishal Sikka’s approval rating on the stock market has been on a steady climb gaining as much as 16.12 per cent.
By ET Bureau |
It’s 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 per cent. 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 per cent fall while most peers moved up. We take a look at the charts: