Nandan Nilekani, new non-executive chairman of Infosys. Photo: Hemant Mishra/MintNew Delhi: Shares of Infosys Ltd ended with over 3% higher on Monday, adding Rs6,583 crore to its market valuation, continuing with its positive momentum after the company named former chief executive Nandan Nilekani as the new non-executive chairman. The company’s market valuation surged Rs6,583.17 crore to Rs216,179.17 crore. In terms of equity volume, 1.422 million shares of the company were traded on the BSE and over 20 million changed hands at the NSE during the day. Last week saw the founders staging a dramatic coup, bringing back co-founder Nandan Nilekani as its chairman, replacing R. Seshasayee.

Source: Mint August 28, 2017 04:41 UTC