NEW DELHI: Shares of Infosys advanced over 1 per cent in the morning trade on Tuesday after company's shareholders overwhelmingly backed the return of Nandan Nilekani in postal ballot.

Following the development, the stock advanced 1.52 per cent to Rs 937.70 on BSE. It opened at Rs 940 and touched an intraday high and low of Rs 945.85 and Rs 929.10 respectively, till around 10 am (IST).

There was 100 per cent voting in favour of the proposal to appoint Nilekani as non-executive, non-independent director and the Chairman of the Board by the promoter group and institutional investors, the filing showed.

Promoters held 12.75 per cent stake in the company as of June 2017.

For the quarter ended June 30, 2017, the company reported total revenue at 14,971 crore and net profit stood at 3,415 crore.

The scrip touched its fresh 52-week high of Rs 1,080.70 on October 14, 2016 and its 52-week low of Rs 861.50 on August 22, 2017.