Infosys Share: Infosys Share in Jet Mod.. Profit, Buyback, Dividend.. What else do you want! – Tech major Infosys share price jumps after profit rise buyback and dividend announcement

IT major Infosys’ share price rose 5% today. Infosys released its September quarter earnings yesterday. Infosys reported an 11% rise in profit.

Also, Infosys has announced a share buyback. As a result, Infosys share price rose by 5% to Rs 1493 in the stock market today.

According to the information released by Infosys yesterday, the revenue rose to Rs 36,538 crore in the September quarter. Also, profit increased by 11% to Rs 6,021 crore. It is worth noting that Infosys profit for September 2021 is Rs 5,421 crore.

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Also, Infosys has announced a share buyback. According to this, Infosys is going to buy shares from the shareholders for 9300 crore rupees. This is Infosys’ fifth buyback in the last five years.

Infosys also announced a dividend of Rs 16.50 per share. The current dividend is higher than the previous year’s dividend.

Infosys share price rose 5% today due to the announcements of profit hike, buyback, dividend. Infosys share price has risen above Rs 70 today alone.