In last month, Infosys
co-founders S Gopalakrishnan and S D Shibulal had offloaded around 7.5 million equity shares in the Bengaluru-based information technology services company.
At 10:08 am, the stock was trading 1.8% lower at Rs 1,180 after hitting high of Rs 1,215 on BSE in early morning trade. The stock was down 1.5% at Rs 1,182 on the NSE. It hit a high of Rs 1,208 and low of Rs 1,175 so far. A combined 6.17 million shares changed hands on the counter on the BSE and NSE so far.
On Monday, the stock hit a record high of Rs 1,250 on the BSE in intra-day trade. It had outperformed the market by gaining 9% thus far in 2016 as compared to 5% decline in the S&P BSE Sensex.