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Infosys Ltd. ADR outperforms market on strong trading day
By : Vidya J S
INFY8.50% advanced 2.56% to $20.40 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index .SPX-0.60% rising 0.55% to 5,615.35 and the Dow Jones Industrial Average. DJIA-0.76% rising 0.62% to 40,000.90. This was the ADR's third consecutive day of gains. Infosys Ltd. ADR closed $0.34 below its 52-week high ($20.74), which the company reached on February 6th.
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