Home >Market >Mark-to-market >Infosys shares rebound from steep falls on value buying
Shares of Infosys had slumped 21.3% on Friday after the company issued fiscal 2013-14 dollar revenue guidance, which disappointed investors. (Shares of Infosys had slumped 21.3% on Friday after the company issued fiscal 2013-14 dollar revenue guidance, which disappointed investors.)
Shares of Infosys had slumped 21.3% on Friday after the company issued fiscal 2013-14 dollar revenue guidance, which disappointed investors.
(Shares of Infosys had slumped 21.3% on Friday after the company issued fiscal 2013-14 dollar revenue guidance, which disappointed investors.)

Infosys shares rebound from steep falls on value buying

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

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