Submitted by TheIndiaStreet on September 3, 2007 - 11:45am.
By Sundaramurthy Vadivelu
Disclosure
Introduction:
Infosys Technologies Limited is one of India’s largest IT companies. It has presence in nearly every division of IT services industry. It is more popular to among Indian investors for its “bonus” shares. Probably no other Indian company has issued as many bonus shares as Infosys. After the dot.com boom many IT companies witnessed fall in their stock prices. Infosys too, was affected badly between 2000 and 2001. But unlike other companies it has managed to bounce back and even go past beyond its previous high prices.