Infosys shares climb over 7 pc; m-cap zooms by Rs 17,636 cr after Q1 results

Shares of Infosys jumped over 7 per cent Monday, adding Rs 17,636 crore to its market valuation, after the IT behemoth posted better-than-expected rise in its June quarter net profit.

The scrip zoomed 7.20 per cent to close at Rs 779.45 on the BSE. During the day, it advanced 7.46 per cent to Rs 781.40 — its 52-week high.

On the NSE, shares climbed 7.24 per cent to close at Rs 779.40.

Led by the rally in the scrip, the company’s market valuation rose by Rs 17,636.08 crore to Rs 3,34,777.08 crore on the BSE.

In terms of traded volume, 11.68 lakh shares changed hands on the BSE and over 3 crore shares were traded on the NSE during the day.