Shares of Infosys recovered from its early losses of as much as 1.24 per cent and were trading up by nearly 1.3 per cent in the noon trade.

Shares of the second-biggest software services exporter opened the session at Rs 920 against the previous close of Rs 926.75, touched an intraday high of Rs 944.15 and a low of Rs 915.25 on the BSE.

However, the stock recovered from early losses and was trading higher by 1.32 per cent at Rs 939 on the BSE at 12.20 pm local time. On the NSE, the shares were up 1.27 per cent at Rs 938.50.

In terms of equity volume, 2.52 lakh shares were traded on the BSE. The company's market capitalisation stood at Rs 2,15,641.73.

Infosys had on Tuesday said its net profit grew 3.32 per cent to Rs 3,726 crore during the second quarter of 2017-18, while revenues grew nearly 1.5 per cent to Rs 17,577 crore.

Q2 revenues grew sequentially by 2.9 per cent in terms of dollar, and 2.2 per cent in constant currency terms. During the second quarter, revenues grew 5.4 per cent year-on-year in terms of US dollar.