Infosys shares up 12 per cent on Q1 earnings

Infosys shares jump over 8 per cent at around 9.20 am on Tuesday after the company reported a 5 per cent increase in quarterly net profit.

At 1.58 pm, Infosys shares were up 11.89 per cent at Rs 1121.00. On NSE, the shares were up 11.62 per cent at Rs 1117.60 during the same time.

At 9.43 am, Infosys shares were up 7.40 per cent at Rs 1076. On NSE, the shares were up 7.10 per cent at Rs 1072.30 during the same time.

Infosys, which provides IT services to clients like Apple Inc, Volkswagen AG and Wal-mart Stores Inc , posted Rs 30.30 billion in profit in the June quarter, up from Rs 28.86 billion a year ago.

With Reuters inputs