Infosys Investors 53000 crore dupes

NEW DELHI: Shares of IT benefits firm Infosys on Tuesday plunged about 17 percent, cleaning Rs 53,451 crore from its market valuation. This occurred because of worries over an informant protest which affirmed that two top officials of the organization. It said they were enjoying dishonest practices to build momentary income and benefits.
The scrip failed 16.21 percent to close at Rs 643.30 on the BSE. During the day, it tumbled 16.86 percent to Rs 638.30, the most since April 2013. On the National Stock Exchange (NSE), it plunged 16.65 percent to close at Rs 640. The sharp fall in the scrip cleared out Rs 53,450.92 crore from the organization's market valuation which currently remains at Rs 2,76,300.08 crore.
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