Infosys shares surge 6.6 per cent after Q2 results announcement

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Infosys has reported a 1.6% rise in net profit for the second quarter ending September 30, 2013. Infosys has reported a 1.6% rise in net profit for the second quarter ending September 30, 2013.
SummaryStock rises as the company raises lower-end of its fiscal 2014 dollar revenue growth guidance.

Shares in Infosys Ltd surged 6.6 per cent in pre-open trading on Friday, pointing to its highest level since January 2011, after the company raised the lower-end of its fiscal 2014 dollar revenue growth guidance.

Dealers also said that better than expected sequential dollar revenue growth from Infosys for the July-September quarter would also lift the shares.

Infosys, India's second largest IT services exporter reported a 1.6% rise in net profit for the second quarter ending September 30, 2013. The company posted a net profit of Rs 2,407 crore as compared to Rs 2,369 crore in the corresponding period a year ago.

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