The Infosys stock has been volatile in the past several quarters on the day its quarterly numbers were declared. Take a look at how the stock has moved in the last 5 quarters after its results. Though one must admit there have been more misses then hits.
Stock up 11 per cent
Infosys reported decent revenues for Q1 2014 and the markets were happy that the company did not revise its dollar revenue guidance lower. The stock jumped a whopping 11 per cent to close at Rs 2804 on the National Stock Exchange.
Stock falls a huge 21 per cent
Infosys stunned the market with a dismal financial performance for Q4 2013. It's guidance was pathetic and the stock plunged 21 per cent, a sharp drop unheard for a Sensex stock. The stock closed at Rs 2295.
Stock jumps 16.79 per cent
This time round the market was expecting a dismal financial performance for Q3 2013, but, the company put up a good show. The stock surged 16.79 per cent in trade.
Stock drops 5.44 per cent
The market was getting used to a disappointing set of numbers by Infosys and the company reported bad numbers for the quarter ending September 2012. The stock dropped 5.44 per cent to close at Rs 2395.
Another set of poor numbers
Almost a year back it was another set of poor performance for q1 2013 and the Infy stock fell 8.36 per cent on the day to close the day at Rs 2264.