Infosys to mull bonus issue

Information technology leader Infosys Technologies Ltd on Friday said it will consider a bonus issue of its shares on April 14, taking the value of its scrip to a 52-week high of Rs 3,400 on the Bombay Stock Exchange.

In the morning, the scrip recorded its biggest intra-day gain in the last ten years and was trading Rs 3,220 at 11:35 am. The board of directors would meet on April 14, 2006, to consider the issue of bonus shares, the company informed the Bombay Stock Exchange.

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