Vorderperson demonstrating a complete lack of understanding of how stock markets work and just where did the price “almost quadruple” in two years? In March 2020, the share price of Infosys Ltd was 585 rupees. In January 2022 it peaked at 1,929 rupees (a 329% rise from 2020). In the two years since it has fallen to 1,525 rupees. On 2nd March 2020, shares on the NYSE traded at $10.13, on 1st April 2022 they peaked at $25.12 and now they are below $17. Senile dementia is clearly an issue for poor old Carol. She will be saying that 25 x 4 is 133 next.
Interestingly, in February 2020, Infosys signed a billion dollar contract with Liberty Global to take over running its Horizon entertainment platform. I do not think that Rishi Sunak or his wife had much to do with that but I can see why it made the share price rise. Curiously, since Infosys signed an extension to their NHS contract in 2023 the share price has not climbed so Mrs Sunak (her father was one of the company’s founders) has seen the value of her less than one per cent shareholding fall. Infosys originally got the NHS contract through the standard public sector tendering process and the contracts it has with the Home Office were signed in 2015 when diddy Rishi was just standing for election in Richmond.
"Interestingly"
