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Narayana Murthy's Grandson Gets Rs 4.2 Crore In Dividend | Infosys Stock Falls After Earnings
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Narayana Murthy gifted his grandson Ekagrah shares in Infosys worth around Rs 240 crores last month. In the Q4 results on April 18, the IT giant announced dividend of Rs 20 and an additional special dividend of Rs 8 per share. So Murthy’s grandson receives Rs 4.2 crore dividend on his holding. Well, that's truly a baby billionaire. However, the company largely missed street expectations in terms of earnings. The stock opened 3% lower on April 19 and closed at Rs 1,411.95 down 0.5%.
#narayanamurthy #infosys #infosysstock #stockmarket #etnow #etnownews
#narayanamurthy #infosys #infosysstock #stockmarket #etnow #etnownews
NR Narayana Murthy Gifts Shares Worth Rs 240 Cr To 4-Month-Old Grandson; Ekagrah Becomes Millionaire
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