Mon, Aug 21, 2017
Infosys' market valuation touched Rs 2,00,617 crore, while that of Indian Oil Corporation was marginally higher at Rs 2,00,645.9 crore at the closing on the NSE.
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Vishal Sikka, CEO and MD, Infosys' resignation has sent shivers down investors' spine as the stock lost nearly Rs 27,000 crore in value. Moreover, a Rs 13,000 crore first-time-ever share buyback has so far failed to cheer sentiments as the stock continued to lose value on Monday August 21, 2017.
Fri, Aug 18, 2017
Friday turned out be a dramatic day for Infosys Vishal Sikka resigned from his post of MD and CEO with immediate effect. This was not taken well by investors. Share price of Infosys touched a four-year low of Rs 884.40 per piece – a level which was last seen on August 21, 2014.
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