Today, the shares of IT company Infosys have seen a tremendous rise. In the morning trade, the company's shares were trading with a jump of 5 percent. On Thursday, the company announced the results of the April-June quarter.

The company's shares rose by 4.76 per cent to Rs 1,843 per share on the BSE. This is a 52-week high. At the same time, the company's shares rose by 4.88 per cent on the NSE and its price reached Rs 1,844, which is a 52-week high.

Following the surge in the stock price, the market capitalisation of Infosys rose by Rs 20,843.19 crore to Rs 7,51,247.27 crore.

The company's shares rose sharply after its impressive first quarter results. At the time of writing the news, the company's shares were trading at Rs 1,809.30 per share, up by Rs 51.25 or 2.92 per cent.

Infosys Q1 Result
Net profit: According to the quarterly results released on Thursday, the company's net profit increased by 7 percent to Rs 6,368 crore in the April to June quarter. The company has indicated improvement in the IT sector. In the same period last year, the company had a total profit of Rs 5,945 crore.

New appointments: Infosys will hire 15,000-20,000 freshers this financial year to improve its business. The company has shared its recruitment plan. The company said that the number of employees has declined continuously since the March 2023 quarter.

“Infosys' first quarter results have come in many times better than expected.
VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services

Revenue: According to the quarterly report, Infosys' consolidated revenue grew 3.6 percent to Rs 39,315 crore. This was Rs 37,933 crore a year ago. For the current financial year, the company has increased its revenue growth forecast from the estimated 1-3 percent to 3-4 percent.