Infosys shares rebound from steep falls on value buying1 min read . Updated: 15 Apr 2013, 03:36 PM IST
The scrip gains 1.68% to `2,333.95, rebounding after falling to its lowest since 5 October, 2012, in early trade
Mumbai: Shares of Infosys Ltd gained as much as 2.6% on Monday, rebounding on value buying after its lower-than-expected yearly guidance last week had sent shares to a more than six-month low earlier in the session.
Infosys shares had slumped 21.3% on Friday after issuing fiscal 2013-14 dollar revenue guidance that disappointed investors.
At 3.30pm, the company’s scrip gained 1.68% to ₹ 2,333.95, rebounding after falling to its lowest since 5 October, 2012 earlier on Monday. Reuters