Infosys Shares: Shares of Infosys tanked 9 per cent in early trade on Monday, wiping out Rs 47,907.7 crore from its market valuation, after the company's March quarter earnings came in below expectations.
Stocks such as Maruti Suzuki, Infosys says can give profit. According to market experts, this trade pattern indicates a formation of a pullback rally or a downtrend. This pullback is expected to be short-lived and the weakness could emerge again.
SD Shibulal, co-founder of IT major Infosys, on Monday bought shares worth Rs 93 crore of the Bengaluru-based IT firm through an open market transaction. This is for the fifth time in May when Shibulal has bought shares of the IT major through an open mar
Infosys co-founder SD Shibulal again buys company shares worth Rs 100 crore
Shibulal acquired more than 7.22 lakh shares at an average price of Rs 1,384 per share, according to BSE block deal data
BusinessToday.In | May 28, 2021 | Updated 14:02 IST
Shibulal and Kumari are the promoters of the IT major. They held 0.05 per cent stake and 0.21 per cent stake in the company, respectively at the end of March 2021 quarter.
SD Shibulal, co-founder of IT major Infosys, on Thursday bought shares worth Rs 100 crore of the Bengaluru-based IT firm through an open market transaction.
Shibulal acquired more than 7.22 lakh shares at an average price of Rs 1,384 per share, according to BSE block deal data. As per a separate transaction, Shibulal s wife Kumari offloaded over 7.22 lakh shares at the same price of Rs 1,384 apiece.