Infosys Q2 net flat at Rs. 2407 crore; shares rally on strong sales

Infosys Q2 net flat at Rs. 2407 crore; shares rally on strong sales

Infosys lagged profit estimates for the July to September quarter, but sales topped estimates. Infosys shares rallied as much as 7.5 per cent in opening trade after the company upped the lower end of its annual sales guidance, indicating rising confidence at India’s second largest outsourcer. Infosys said net profit for the second quarter rose […]