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Infosys shares soar 15% on stronger-than-expected Q1 earnings

It was the biggest gainer on the BSE 30-share Sensex and NSE 50-share Nifty.

July 16, 2020 / 02:22 PM IST

Shares of Infosys rallied 15 percent on Thursday after the company posted a stronger-than-expected 12.4 percent rise in the first quarter consolidated net profit.

The stock jumped 14.49 percent to its one-year high of Rs 952 on the BSE.

On the NSE, it rose sharply by 14.98 percent to its 52-week high of Rs 955.50.

It was the biggest gainer on the BSE 30-share Sensex and NSE 50-share Nifty.