The IT giant Infosys has delivered good news again under the leadership of Mr. Narayan Murthy. The company has seen a 21.4% rise in fiscal third-quarter profit.
Profits for the quarter ending on December 31, has seen a rise to Rs 2,875 crore from the earlier Rs 2,369 crore.
Mr. Narayan Murthy’s return to the Infosys management, has definitely helped the company to report a good set of numbers.
Markets have been cheered with the news. Stocks which have been trading low in the morning have seen good upticks.
Infosys stock has surged by 3% to trade at 3564.
JP Associates is the other stock on the index, which has seen good gains. The stock is up by 1.7% at 49.70. Indus Ind Bank is also up by 1.5%. Sunpharma, DLF and Asian Paints have all seen gains of over 1%.
Reliance industries is up by 1.3%.