Infosys rises Monday, outperforms market

Infosys rises Monday, outperforms market

Infosys Ltd. 500209, +1.91% shares rose 1.91% to 1,293.05 Indian rupees Monday, on what proved to be an all-around great trading session for the stock market, with the S&P BSE Sensex Index 1, +0.38% rising 0.38% to 61,963.68.

Infosys Ltd. closed 379.40 rupees below its 52-week high (1,672.45 rupees), which the company reached on December 1.

The stock underperformed when compared to some of its competitors Monday, as Tata Consultancy Services Ltd. TCS, -10.76% rose 2.35% to 3,298.70 rupees and Wipro Ltd. WIPRO, +2.47% rose 2.47% to 395.75 rupees.

Trading volume (308,406) remained 53,177 below its 50-day average volume of 361,583.

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