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Actionable news in INFY: INFOSYS TECHNOLOGIES LIMITED AMERICAN DEPOSITARY SHARES,

Infosys (INFY) Stock Rallies on Strong Q4 Revenue

NEW YORK (TheStreet) -- Infosys (INFY - Get Report) stock is gaining 8.73% to $20.06 on heavy trading volume on Friday afternoon following the company's solid financial results for the fiscal 2016 fourth quarter.

Before today's market open, the India-based consulting, technology and outsourcing services provider reported revenue that exceeded expectations and earnings that were in line with estimates.

Revenue increased 13.3% year over year to $2.45 billion for the quarter ended March 31, beating estimates of $2.43 billion. Infosys posted...


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