Infosys shares rise on March Quarter earnings expectations

The share price of India’s second-largest IT firm Infosys was trading 0.42 per cent higher in the afternoon session on Wednesday ahead of the fourth quarter earning announcements.

Trading in Infosys shares began on a positive note at ₹ 1759.45 at the BSE against its previous day’s close at ₹ 1741.45.

At 2.09 pm, Infosys was trading 0.42 per cent higher at ₹ 1748.70.

Infosys was trading in the positive despite weakness in the market. The 30 stock S&P BSE Sensex was trading 208.93 points or 0.36 per cent down at 58,367.44 points.

Infosys is scheduled to declare its earnings for the fourth quarter and also the full year 2021-22 later in the day.