Infosys on Wednesday held an extraordinary general meeting to bid farewell to SD Shibulal and Kris Gopalakrishnan as shareholders of the company also approved the appointment of Sikka as the new CEO.
Infosys on Wednesday held an extraordinary general meeting to bid farewell to SD Shibulal and Kris Gopalakrishnan as shareholders of the company also approved the appointment of Sikka as the new CEO.
Also Read: Exit interview of Infosys' Shibulal
Speaking to the media after the meeting, Sikka said: "There comes a time in the life of a company when the instinct and the intuition, the knowledge of the founder is replaced by processes, structures, principles and innovations that we put together. Pravin and my endeavour will be to do that."
"Beyond that the big thing that I deeply believe is that the world around us is becoming fundamentally reshaped with software. Everything that we see around us is becoming software defined and that gives Infosys a tremendous opportunity to help reshape that in every industry whether it is banks, financial services, manufacturing, oil and gas, in retail especially," he added.
Infosys stock price
On July 30, 2014, Infosys closed at Rs 3368.05, up Rs 1.65, or 0.05 percent. The 52-week high of the share was Rs 3847.20 and the 52-week low was Rs 2894.00.
The company's trailing 12-month (TTM) EPS was at Rs 185.71 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 18.14. The latest book value of the company is Rs 733.03 per share. At current value, the price-to-book value of the company is 4.59.
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