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8 Indian Stocks that Foreign Investors Love

Friday, 10 February 2012, 02:09 IST
By SiliconIndia


2) Infosys



Infosys provides IT and IT relates services to India and other countries. It is head-quartered in Bangalore. K. V. Kamath is the Chairman, S. Gopalakrishnan is the Co-chairman and S.D. Shibulal is the M.D. and CEO of Infosys. It has 145,088 employees as on 2011.



FIIs bought 574,219,117 shares of Infosys in December, 2011, 574,129,693 shares in December, 2010 and 573,535,233 in 2009. Though the amount of investment has decreased last year, it is speculated to go up this year.



Infosys showed 33.3 percent increase in its Q3 profits. Its consolidated net profit increased from Rs.17.8 billion in 2010 to Rs.23.72 billion in 2011. Its revenue increased by 30.8 percent to Rs.92.98 billion.

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