Infosys shares surge on hopes earnings may beat expectations

Written By Unknown on Kamis, 11 Oktober 2012 | 16.02

MUMBAI (Reuters) - Shares in Infosys rose as much as 3.2 percent on Thursday on speculation the software services exporter will post better-than-expected July-September results.

Infosys is expected to post on Friday a 24.9 percent rise in profit in the quarter ended September 30 to 23.8 billion Indian rupees.

Shares were up 1.7 percent as of 2:19 p.m..

(Reporting by Manoj Dharra; Editing by Rafael Nam)



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