Infosys stock down 1.5% ahead of Q1 results

A day ahead of its quarterly earnings announcement, shares of IT major Infosys were down by 1.5% on Thursday.

The stock ended at Rs 1,175.85, down 1.45% on BSE. During the day, it was down by as much as 2.34% to Rs 1,165.20.

On NSE, shares of the company slipped 1.47% to settle at Rs 1,176.25.

On the volume front, 2.44 lakh shares of the company were traded at BSE and over 37 lakh shares changed hands at NSE during the day.

Infosys had earlier this month informed BSE that a meeting of the Board of Directors of the company will be held on July 15, 2016, to consider the audited financial results for the quarter ending June 30, 2016 (Q1).

Meanwhile, shares of TCS ended 1.16% higher ahead of its earnings which was announced post market hours today.