Nov 09, 2012 09:33 AM IST | Source: Moneycontrol.com

Infosys signs $ 50 mn contract with MCA; stock trades lower

Infosys has signed USD 50 million contract with Ministry of Corporate Affairs (MCA) for 5 years, reports CNBC-TV18. At 09:29 hrs Infosys was quoting at Rs 2,355, down Rs 19.80, or 0.83%.

Infosys signs $ 50 mn contract with MCA; stock trades lower

Infosys has signed USD 50 million contract with Ministry of Corporate Affairs (MCA) for 5 years, reports CNBC-TV18.

At 09:29 hrs Infosys was quoting at Rs 2,355, down Rs 19.80, or 0.83%. It has touched an intraday high of Rs 2,365 and an intraday low of Rs 2,349.60.
 
It was trading with volumes of 7,068 shares. In the previous trading session, the share closed down 1.02% or Rs 24.40 at Rs 2,374.80.
 
The share touched its 52-week high Rs 2,990 and 52-week low Rs 2,101.65 on 22 February, 2012 and 26 July, 2012, respectively. Currently, it is trading 21.24% below its 52-week high and 12.05% above its 52-week low. Market capitalisation stands at Rs 135,231.74 crore.

The company's trailing 12-month (TTM) EPS was at Rs 129.58 per share. (Sep, 2012). The stock's price-to-earnings (P/E) ratio was 18.18. The latest book value of the company is Rs 518.21 per share. At current value, the price-to-book value of the company was 4.55. The dividend yield of the company was 2%.

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