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Infosys ADS Starts Trading On NYSE

Infosys Ltd., provider of business consulting, technology, engineering, and outsourcing services, has said that its American Depository Shares (NYSE:ADS) have started trading on New York Stock Exchange (NYSE).

Infosys, in a statement, said, "Infosys' ADS have started trading on the New York Stock Exchange (NYSE) under the ticker symbol 'INFY'."

Earlier, in a move targeted to attract European investors, Infosys had transferred its Nasdaq listed ADS to NYSE.

An ADS is a US dollar-denominated equity share of a foreign-based company available for purchase on an American stock exchange.

According to the reports, Infosys is looking to list its ADS on the Paris and London exchanges of NYSE Euronext.

Infosys