Infosys gains 1% ahead of Q4 earnings announcement

Shares of Infosys gained 1% on Friday ahead of the IT major's fourth quarter results later in the day. 

At 11:05 am, the stock was trading at Rs 1,171, up 0.8% as compared to 0.4% rise in S&P BSE Sensex. It hit a high and low of Rs 1,175.45 and 1150.20 in intra-day deals today.

On a year-to-date basis, the stock has rallied around 12.84% and has underperformed the Nifty IT index that gained around 13.5% during this period. By comparison, the Nifty50 index slipped around 0.25% YTD.

According to analysts, guidance for FY19, CEO's strategy and long term roadmap for Infosys and