Infosys shares hit all-time high level on BSE
Shares of IT major Infosys on Thursday touched an all-time high of Rs 2,792.15 before on BSE amid signs of recovery in the US, which contributes significantly to revenue of Indian software firms.
By PTI |
MUMBAI: Shares of IT major Infosys on Thursday touched an all-time high of Rs 2,792.15 before on BSE amid signs of recovery in the US, which contributes significantly to revenue of Indian software firms.
Infosys Technologies settled at Rs 2,784.75, a gain of 1.66 per cent over its previous close the Bombay Stock Exchange. During the day, the scrip rose 1.93 per cent to touch an all time high level of Rs 2,792.15.
Interestingly, exactly a year-ago (March 18, 2009) the stock had touched its 52-week low of Rs 1,267.
"The signs of recovery in the world's largest economy US fuelled Infosys, which has a good amount of exposure in that region, to touch year-high level," CNI Research CMD Kishore P Ostwal said.
On the National Stock Exchange, the stock closed at Rs 2791.95, up by 1.96 per cent.
Over 12.17 lakh shares changed hands on the bourses. The rise in Infosys shares helped the BSE's IT Index to settle the day with a gain of 23.45 points to 5,538.33 points.
However, the nation's largest software exporter TCS ended in negative zone falling 1.64 per cent to Rs 826.95.
The BSE barometer Sensex ended at 17,519.26 points, higher by 0.17 per cent.a
Infosys Technologies settled at Rs 2,784.75, a gain of 1.66 per cent over its previous close the Bombay Stock Exchange. During the day, the scrip rose 1.93 per cent to touch an all time high level of Rs 2,792.15.
Interestingly, exactly a year-ago (March 18, 2009) the stock had touched its 52-week low of Rs 1,267.
"The signs of recovery in the world's largest economy US fuelled Infosys, which has a good amount of exposure in that region, to touch year-high level," CNI Research CMD Kishore P Ostwal said.
On the National Stock Exchange, the stock closed at Rs 2791.95, up by 1.96 per cent.
Over 12.17 lakh shares changed hands on the bourses. The rise in Infosys shares helped the BSE's IT Index to settle the day with a gain of 23.45 points to 5,538.33 points.
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However, the nation's largest software exporter TCS ended in negative zone falling 1.64 per cent to Rs 826.95.
The BSE barometer Sensex ended at 17,519.26 points, higher by 0.17 per cent.a
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