Software exporter Infosys saw its market value go past the Rs 6-trillion mark on Monday. Shares of the Bengaluru-based firm finished at a record high of Rs 1,140, valuing the company at Rs 600,817 crore. Infosys’ shares have outperformed the benchmark Sensex both on a year-to-date (YTD) and one-year basis, with a gain of 12.3 per cent and 2.2 times, respectively. In comparison, the Sensex is up 2.7 per cent and 63.5 per cent on YTD and one-year basis.
Investors have turned bullish on the stock on optimism that the company will bag large deals as demand for digital
Investors have turned bullish on the stock on optimism that the company will bag large deals as demand for digital