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This is an archive article published on October 12, 2007

Infosys shares plunge 7% on results

It stocks plunged on the BSE on Thursday, bearing the brunt of disappointing second...

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It stocks plunged on the BSE on Thursday, bearing the brunt of disappointing second quarter results posted by Infosys. The IT index declined to an intra-day low of 4,742.68, a fall of 306.32 points from its previous close. The index finally settled at 4,766.72 points. Shares of Infosys dipped 6.99 per cent and touched an intra-day low of Rs 1,961 over Wednesday’s closing price of Rs 2,124.55. In the NSE, it touched an intra-day low of Rs 1,963 and settled at Rs 1,976.85.

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