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This is an archive article published on June 3, 2013

Infosys Ltd shares soar on founder Narayana Murthy’s return as chairman

Infosys Ltd shares rose 5.65 per cent in morning trade today.

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Infosys Ltd shares rose 5.65 per cent in morning trade today on the back of its founder and former chairman N.R. Narayana Murthy’s return as executive chairman. Murthy’s return is expected to improve the IT services company’s outlook in the coming days.

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N R Narayana Murthy’s coming back to the fold was announced on Saturday in the wake of Infosys’ continued poor performance resulting in loss of market share.

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