IT major Infosys is no longer on the list of top 10 most valued companies on the BSE and the NSE as the stock has taken a beating following the abrupt exit of its CEO Vishal Sikka.
At close of trade on Tuesday, the market capitalisation (m- cap) of Infosys stood at ₹2,01,478.46 crore on the BSE. With this, the company now ranks 11 on the m-cap chart of BSE listed companies.
On the NSE, the company’s market valuation stood at ₹2,01,074.54 crore. Infosys takes the 11th spot on the NSE as well in terms of market cap. Infosys’s scrip plunged nearly 10% on Friday after Mr. Sikka’s resignation.
ADVERTISEMENT
This is a Premium article available exclusively to our subscribers. To read 250+ such premium articles every
month
You have exhausted your free article limit.
Please support quality journalism.
You have exhausted your free article limit.
Please support quality journalism.
The Hindu operates by its editorial values to provide you quality journalism.
You have read {{data.cm.views}} out of {{data.cm.maxViews}} free articles.
This is your last free article.