Buyback impact: Infosys share price hits new life high for second session in a row; Stock surges 5% since announcement
For the second straight session, Infosys shares hit a new life high to Rs 1575 per share, marginally gaining one per cent on the BSE intraday trade on Friday, as the company begins buyback offer from today. The stock has touched Rs 1559.15 per share an all-time high on Thursday closing.
Kotak Mahindra Capital Company Ltd was appointed as the manager of the buyback: PTI