Infosys gains over 1% as former board members and CFOs push for buyback of shares

Posted By: Religare
Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Infosys gains over 1% as former board members and CFOs push for buyback of share
    Shares of Infosys rose over 1 per cent in early trade on Bombay Stock Exchange (BSE) on reports that the company's former Board members and CFOs recommended an immediate buyback of shares worth Rs 11,200 crore (approx $2 billion) to restore investors' confidence in the company's stock.

    The shares of company rose as much as 1.30 per cent to trade at Rs 3549.90 a piece on the BSE.

    In a similar fashion, shares of the company rose 1.03 per cent to Rs 3549.30 a piece on National Stock Exchange.

    Meanwhile, the broader benchmark Sensex was quoting at 25,865.38, down 42.94 points or 0.17 per cent at 11.06 hours.

    Read more about: infosys
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more