Latest News About Infosys Share Price Today, Infosys share price, reliance share price, aban offshore share price, hdil share price, bharti airtel share pric: Infosys Technologies, which is regarded to be one of the IT giants in the country has reported the final results for the fourth quarter ending dated March 31, 2010. The Infosys results denote a 0.25 per cent rise in the margins for a net profit of Rs 1,617 crore.
The Infosys results declared that the company witnessed a profit margin of Rs 1,613 crore for the third quarter in the month of March for the year 2008-09. The Bombay Stock Exchange reports of mixed reactions with the declaration of Infosys results. The Infosys results depicted that there has been a major change in the economy from the last fiscal year, where the financial system has undergone major profits which accounts for its rigidity with no pressures upon the margins.
In regards to the matter, Sushil Finance Research Headman Tejas Doshi told the media that undoubtedly the market is ready to accept any upcoming business which seeks to grow and that Infosys results accounts for the credibility of the situation. Kris Strategist Arun Kejriwal feels that the Infosys results proclaim that the company is in a good shape and this is the time they should go ahead to achieve the very best out of their claims and their valuation. Infosys results are reminiscent of their potential in maintaining the margins like no one else in the IT sector. However, the overall market reports for Infosys results showed the market shares are witnessing a downfall at a rate of 0.2 percent when last reported from BSE at 9:17 a.m. However, the shares showed a steady increase later on by 2.3 percent while the stock index was still hovering at 0.3 percent with no alterations.
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