Posted inIndia, South Asia, World

Infosys shares soar on bonus issue; market cap all time high

Shares of Infosys Ltd rallied more than 5% on Indian bourses during morning deals on Monday on the back of a 1:1 bonus issue declared on Friday after the markets closed. India’s second-largest software services exporter announced its first-quarter results on Friday, with profits and operational numbers falling short of analysts’ estimates, while revenue and […]