Infosys slides a huge 4 per cent ahead of results on Friday Business
Published: Wednesday, October 8, 2014, 11:57 [IST]
Shares in tech major Infosys fell a huge 4 per cent ahead of the company's results on Friday. The stock was last trading at Rs 3673 on the National Stock Exchange.
The stock had touched a near 52-week high last week. Most analysts expect the company to report a good set of numbers for the quarter ending Sept 30, 2014. The results may also be an acid test for the new CEO Vishal Sikka.
BSE 1174.40 7.25 (-0.62%)
NSE 1174.50 6.7 (-0.57%)
Analysts will also eagerly await management guidance and commentary. It's widely expected that the company would put up a good show for the quarter.
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Story first published: Wednesday, October 8, 2014, 11:57 [IST]
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