The Infosys Ltd shares rose 1 per cent to hit a record high of Rs 1,484.10 on the Bombay Stock Exchange in intra-day trade on Wednesday in an otherwise subdued market. The stock of the information technology (IT) major surpassed its previous high of Rs 1,480 touched on April 12, 2021. Infosys was trading higher for eight straight days. At 01:25 pm, the stock was up 0.45 per cent at Rs 1,479.45, as compared to a 0.41 per cent decline in the S&P BSE Sensex.

Infosys Ltd has informed the stock exchanges that the meeting of the Board of directors of the company is scheduled on July 14, 2021, inter alia, to consider and approve the audited consolidated financial results of the company for the quarter ending June 30, 2021 (Q1FY22).

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In the past one week, the stock has gained 5 per cent, while in one month it has rallied 13 per cent, as compared to a rise of 1 per cent and 8 per cent, respectively in the benchmark index.

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Infosys Ltd-View Detailed Analysis