Infosys share price hits new 52-week high again today, rallies 124% since March; HCL Tech at new high
Infosys share price gained over one per cent to hit a fresh 52-week high of Rs 1,146.50 apiece for the second consecutive day on BSE. IT bellwether on Monday announced that it has completed the acquisition of Kaleidoscope Innovation, a full-spectrum product design, development and insights firm innovating across medical, consumer and industrial markets, bolstering capabilities in the design of smart products. The stock has been on a gaining spree for nine days, rising 13.74 per cent. Another IT stock, HCL Technologies too hit a fresh 52-week high of Rs 885 apiece on BSE. “The acquisition of Kaleidoscope Innovation demonstrates Infosys’ commitment to innovate for its clients, and make a meaningful impact on human lives through a combination of cutting-edge technologies,” the company said in a press release.