Infosys Surges by Record on Higher Sales Forecast: Mumbai Mover
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Infosys Ltd., India’s second-largest software exporter, surged by a record in Mumbai trading after raising its full-year sales forecast.
The company jumped 17 percent, the most since the stock’s debut in 1993, according to data compiled by Bloomberg. It was the largest gainer on the BSE India Sensitive Index, followed by competitors Wipro Ltd. and Tata Consultancy Services Ltd.