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31 October, 2020 00:42 IST
Infosys share price rallies 10% on SEC all clear in whistleblower case
Source: IRIS | 24 Mar, 2020, 11.43PM
Rating: NAN / 5 stars.
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Infosys share price rallied 10 percent intraday on March 24 after the US Securities and Exchanges Commission (SEC) gave a clean chit to the Indian company in the whistleblower case.

The scrip has stayed in the Rs 520-580 range apiece on closing basis despite last week's washout, when the market tanked more than over 12 percent. However, the stock is still 35 percent lower than its month-ago price.

Shares of Infosys  are trading at Rs 593.55, up Rs 66.85, or 12.69%  at the Bombay Stock Exchange (BSE) on Tuesday at 3:54 p.m.

The scrip has touched an intra-day high of Rs 605.70 and low of Rs 525.55. The total volume of shares traded at the BSE is 629,396.

In the earlier session, the shares fell 0%, or Rs 0, at Rs 526.70. Currently, the stock is trading down  29.96% from its 52-week high of Rs 847.40  and above 16.13% over the 52-week low of Rs 511.10.



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