Infosys slips 2.3%; hits 52-week low

India Infoline News Service | Mumbai | October 14, 2016 16:29 IST

The company has posted a net profit of Rs 3606 crore for the quarter ended September 30, 2016 as compared to Rs 3398 crore for the quarter ended September 30, 2015.

Infosys Tech
Infosys Ltd ended at Rs 1027.4, down by Rs 24.65 or 2.34% from its previous closing of Rs 1052.05 on the BSE. The company has posted a net profit of Rs 3606 crore for the quarter ended September 30, 2016 as compared to Rs 3398 crore for the quarter ended September 30, 2015.

The consolidated EBITDA grew by 5.6% QoQ to Rs. 5,493 cr due to the improvement in EBITDA margins by 74 bps QoQ . The consolidated EBITDA margin for Q2FY17 stood at 31.7% against 31% of previous quarter.

The scrip opened at Rs 1060 and touched a high and low of Rs 1080.7 and Rs 996.15 respectively. A total of 18587423 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 241650.06 crore.

The BSE group 'A' stock of face value Rs 5 touched a 52 week high of Rs 1278 on 03-Jun-2016 and a 52 week low of Rs 1009.2 on 22-Aug-2016. Last one week high and low of the scrip stood at Rs 1057.5 and Rs 1010 respectively.

The promoters holding in the company stood at 12.75 % while Institutions and Non-Institutions held 57.71 % and 29.05 % respectively.

The stock traded below its 200 DMA.

***Note: This is a NSE Chart

 

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