Infosys down over 5% in three days - Dollar Advisory & Financial Services

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Thursday, 9 June 2016

Infosys down over 5% in three days

Infosys has plunged about 4% to Rs 1,193 on the BSE after the stock turned ex-profit for Rs 14.25 for each offer on Thursday.

In past three exchanging sessions, it has slipped 6% from Rs 1,267 on June 6, when contrasted with 0.21% ascent in the S&P BSE Sensex. The stock hit a record high of Rs 1,278 on June 3, amid intra-day exchange.

The top managerial staff of Infosys at its meeting hung on April 15, 2016, had suggested a last profit of Rs 14.25 for each value offer for the budgetary year finished March 31, 2016. The register of individuals and offer exchange books of the organization will stay shut on June 11, 2016 with the end goal of installment of conclusive profit and 35th Annual General Meeting (AGM) of the organization to be hung on June 18, 2016. The profit will be paid on June 20, 2016, Infosys said in a BSE recording.

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