Infosys stocks News

Seshasayee, however, hit out at Murthy on Friday for carrying out "personal attacks" and making "false and slanderous accusations" against him, saying he was unable to understand the motivation for the persistent vendetta.

Amidst attacks on Ravi Venkatesan by some stakeholders, Infosys independent director Kiran Mazumdar-Shaw on Monday came out in his support saying he was a valuable board member.

The stock had underperformed the market over the past one month till 24 August 2017, falling 8.18 percent compared with 2.43 percent decline in the Sensex.

On the National Stock Exchange (NSE), the stock closed 2.09 per cent higher at Rs 911.50. During the day, the scrip had touched a high of Rs 918.25 and a low of Rs 902.35.

Following the announcement, the stock fell to Rs 958.00, registering a fall of 6.62 percent over its previous closing price on the BSE.

Shares of software services major Infosys fell by almost 4 percent, wiping out Rs 10,416 crore from its market valuation after the company on Monday cut its dollar revenue guidance for the current fiscal.

Country's second largest software services firm Infosys on Wednesday said its chief executive Vishal Sikka has acquired 9,116 shares after partly exercising the restricted stock units awarded to him last year.

At the NSE, shares of the company climbed 11.12 percent to Rs 1,112.65 at close.

Country's second largest software services firm Infosys has granted 1.24 lakh restricted stock units (RSUs) to its chief executive Vishal Sikka.

The stock ended 0.28 percent higher at Rs 991.10 on the BSE. During the day, it went up by 1 percent to Rs 998.85 after the price adjustment.

Gains in Infosys (5.02 percent) and TCS (2.80 percent) shares contributed to over 140-points to Sensex's 183.67 point rise.

The 50-share NSE Nifty ended in negative terrain with a marginal fall of 9.70 points, or 0.12 percent, at 7,842.70.