Infosys ADR plunges 9% in pre-market session on NYSE; here’s why
1 year, 5 months ago

Infosys ADR plunges 9% in pre-market session on NYSE; here’s why

Live Mint  

Infosys' sharp downward revision of its FY24 revenue guidance seems to have disappointed the market as the American Depositary Receipts of the company suffered massive losses in the pre-market session on the New York Stock Exchange. Infosys ADR fell almost 9 per cent to $16.20 in the pre-market session on NYSE. The IT major sharply trimmed its revenue guidance for FY24 to 1-3.5 per cent from 4-7 per cent amid an increasingly challenging demand environment, while operating margin or earnings before interests and taxes guidance was left unchanged at 20 per cent to 22 per cent. The company said attrition declined to 17.3 per cent during Q1FY24 from 28.4 per cent in the same quarter last year and 20.9 per cent in Q4FY23.

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History of this topic

Infosys Share Price Today on 29-11-2024: Infosys share price are up by 0.34%, Nifty up by 0.87%
3 weeks, 5 days ago

Infosys Share Price Today on 29-11-2024: Infosys share price are up by 0.34%, Nifty up by 0.87%

Live Mint  

Infosys Share Price Today on 29-11-2024: At 29 Nov 11:25 today, Infosys shares are trading at price ₹1863.7, 0.34% up from the previous closing price. On the technical front, the stock is trading above the 20,100,300 days SMA & lower than the 5,10,50 day SMA. The stock will have support at 20,100,300 days SMA & face resistance at 5,10,50 days …

Infosys Share Price Today on 26-11-2024: Infosys share price are up by 1.78%, Nifty down by -0.02%
4 weeks, 1 day ago

Infosys Share Price Today on 26-11-2024: Infosys share price are up by 1.78%, Nifty down by -0.02%

Live Mint  

Infosys Share Price Today on 26-11-2024: At 26 Nov 11:15 today, Infosys shares are trading at price ₹1922.75, 1.78% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Infosys Share Price Today on 25-11-2024: Infosys share price are down by -0.48%, Nifty up by 1.82%
1 month ago

Infosys Share Price Today on 25-11-2024: Infosys share price are down by -0.48%, Nifty up by 1.82%

Live Mint  

Infosys Share Price Today on 25-11-2024: At 25 Nov 11:26 today, Infosys shares are trading at price ₹1893.85, -0.48% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Infosys Share Price Today on 22-11-2024: Infosys share price are up by 1.19%, Nifty up by 1.3%
1 month ago

Infosys Share Price Today on 22-11-2024: Infosys share price are up by 1.19%, Nifty up by 1.3%

Live Mint  

Infosys Share Price Today on 22-11-2024: At 22 Nov 12:48 today, Infosys shares are trading at price ₹1856, 1.19% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days …

Infosys Share Price Today on 13-11-2024: Infosys share price are up by 0.02%, Nifty down by -1.36%
1 month, 1 week ago

Infosys Share Price Today on 13-11-2024: Infosys share price are up by 0.02%, Nifty down by -1.36%

Live Mint  

Infosys Share Price Today on 13-11-2024: At 13 Nov 16:01 today, Infosys shares are trading at price ₹1868.3, 0.02% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days …

Infosys Share Price Today on 12-11-2024: Infosys share price are up by 0.06%, Nifty down by -1.07%
1 month, 1 week ago

Infosys Share Price Today on 12-11-2024: Infosys share price are up by 0.06%, Nifty down by -1.07%

Live Mint  

Infosys Share Price Today on 12-11-2024: At 12 Nov 16:01 today, Infosys shares are trading at price ₹1861.1, 0.06% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days …

Infosys Share Price Today on 11-11-2024: Infosys share price are up by 1.58%, Nifty down by -0.03%
1 month, 2 weeks ago

Infosys Share Price Today on 11-11-2024: Infosys share price are up by 1.58%, Nifty down by -0.03%

Live Mint  

Infosys Share Price Today on 11-11-2024: At 11 Nov 16:01 today, Infosys shares are trading at price ₹1860, 1.58% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days …

Infosys Share Price Today on 07-11-2024: Infosys share price are down by -1.19%, Nifty down by -1.16%
1 month, 2 weeks ago

Infosys Share Price Today on 07-11-2024: Infosys share price are down by -1.19%, Nifty down by -1.16%

Live Mint  

Infosys Share Price Today on 07-11-2024: At 07 Nov 16:00 today, Infosys shares are trading at price ₹1802.65, -1.19% down from the previous closing price. On the technical front, the stock is trading above the 5,300 days SMA & lower than the 10,20,50,100 day SMA. The stock will have support at 5,300 days SMA & face resistance at 10,20,50,100 days …

Infosys Price Today: Up 1.04%, Nifty Up 0.97%
1 month, 3 weeks ago

Infosys Price Today: Up 1.04%, Nifty Up 0.97%

Live Mint  

Infosys share price is up by 1.04% today, trading at ₹1872.55. The stock has hit a high of ₹1876.9 and a low of ₹1855.05 during the day. The company has a ROE of 32.08%, a P/E of 28.66, and a P/B of 8.53. The company has a 0.00% promoter holding, 15.77% MF holding, & 33.27% FII holding as per filings …

Infosys Share Price Today: Technical and Fundamental Analysis Indicates Potential Reversal
2 months ago

Infosys Share Price Today: Technical and Fundamental Analysis Indicates Potential Reversal

Live Mint  

Infosys share price is trading slightly up today, with a price change of 0.08%. The stock is currently trading at ₹1854, with a high of ₹1877.7 and a low of ₹1846.05. The company has a ROE of 32.08%, a P/E of 28.93, and a P/B of 8.61. The company has a 0.00% promoter holding, 15.77% MF holding, & 33.27% FII …

Infosys Q4 Preview: Revenue, EBIT Margins To Be Muted Amid Weak Demand, Wage Hike
8 months, 1 week ago

Infosys Q4 Preview: Revenue, EBIT Margins To Be Muted Amid Weak Demand, Wage Hike

News 18  

Infosys, the country’s second-largest IT services company, is set to announce its financial results for the fourth quarter ended March 2024 on Thursday, April 18. BNP Paribas in its note said Infosys’ EBIT margin is likely to have declined by 25 basis points in Q4 FY24 to 20.3 per cent due to wage hike impact, visa costs and muted revenue …

Infosys share price touches 52-week high. Buy, hold or book profit?
11 months ago

Infosys share price touches 52-week high. Buy, hold or book profit?

Live Mint  

Stock market today: Infosys shares have been in uptrend after the announcement of Q3 results 2024 on 11th January 2024. Extending its bull trend for yet another session during Friday morning deals, Infosys share price today opened upside and went on to touch an intraday high of ₹1,665.50 per share on the NSE, which turned out its new 52-week high. …

Infosys share price falls 4% on Q2 result: Here’s what analysts say
1 year, 2 months ago

Infosys share price falls 4% on Q2 result: Here’s what analysts say

Live Mint  

Stock market today: Infosys shares are expected to witness heavy sell off pressure during Friday deals. Infosys ADR price crashed 6.53 per cent on Thursday signaling its disappointment over the Q2 results 2023. Cue Infosys ADR price movement at NYSE Infosys ADR price at NYSE opened lower at $16.40 per share, around 7 per cent lower from its Wednesday close …

Infosys to announce Q1 earnings results for FY24 tomorrow. Where to track, what to expect?
1 year, 5 months ago

Infosys to announce Q1 earnings results for FY24 tomorrow. Where to track, what to expect?

Hindustan Times  

On Thursday, Infosys will announce its earnings results for the first quarter ended June 30 for the financial year 2023-24. Expectations A CNBC TV18 poll expects Infosys' revenue to be at 4591.5 and 37,716, an increase of 0.8% and 0.7% respectively from the previous March quarter. Also, the company is expected to make a net profit of ₹6193.5 crore, 1.1% …

Infosys misses revenue estimate, profit and revenue both decline quarter-on-quarter
1 year, 8 months ago

Infosys misses revenue estimate, profit and revenue both decline quarter-on-quarter

The Hindu  

Infosys on Thursday said it recorded an 8% year-on-year increase in fourth-quarter net profit to ₹6,128 crore. “Infosys delivered a surprisingly weak set of numbers for Q4 and missed street estimates on all multiple fronts on the back of unplanned project ramp-downs and cancellation across sectors,” said Sanjeev Hota, head of research, Sharekhan by BNP Paribas. “We have seen unplanned …

Infosys FY24 guidance: Firm sees revenue growth at 4-7% in CC, margins at 20-22%
1 year, 8 months ago

Infosys FY24 guidance: Firm sees revenue growth at 4-7% in CC, margins at 20-22%

Live Mint  

IT company Infosys on Thursday gave a revenue guidance of 4% to 7% in constant currency terms for the current financial year. The Bengaluru-based IT giant also posted a 7.8% year-on-year rise in consolidated net profit at ₹6,128 crore in March quarter of FY23. Infosys - which competes in the market with Tata Consultancy Services, Wipro and other IT firms …

Infosys Q4 consolidated net profit rises 7.8% year-on-year to ₹6,128 crore
1 year, 8 months ago

Infosys Q4 consolidated net profit rises 7.8% year-on-year to ₹6,128 crore

Hindustan Times  

Technology giant Infosys on Thursday said its fourthn quarter net profit rose to 7.8 per cent year-on-year to ₹6,128 crore. Infosys March quarter consolidated net profit rises 7.8 pc year-on-year to ₹ 6,128 crore: Regulatory filing. The company said its March quarter consolidated revenue up by 16 per cent year-on-year at ₹37,441 crore. The company said its revenue rose 16.9 …

Infosys shares rise over 1% ahead of Q4 results. Here’s what analysts say
1 year, 8 months ago

Infosys shares rise over 1% ahead of Q4 results. Here’s what analysts say

Live Mint  

Shares of information technology services major Infosys rose during Wednesday's trading session a day before the IT company is scheduled to announce its financial results for the March quarter on Thursday, 13 April. Ahead of its fourth quarter results, shares of Infosys have an average price target of ₹1,720.36, as per publicly available data with Trendlyne, which suggests a 20.84 …

Infosys Q2FY23 Result: Net Profit Jumps 11.1% To Rs 6,021 Crore; Rs 9,300 Cr Share Buyback Announced
2 years, 2 months ago

Infosys Q2FY23 Result: Net Profit Jumps 11.1% To Rs 6,021 Crore; Rs 9,300 Cr Share Buyback Announced

News 18  

Infosys Q2 Results: IT major Infosys on Thursday posted a consolidated net profit of Rs 6,021 crore for the September 2022 quarter, a growth of 11.1 per cent as compared with Rs 5,421 crore in the year-ago quarter. Sequentially, Infosys’ net profit jumped 12.3 per cent as compared with Rs 5,360 crore in the June 2022 quarter. “The board approved …

Infosys shares fall 22% from highs, Why Jefferies has ’Buy’ on the IT stock
2 years, 6 months ago

Infosys shares fall 22% from highs, Why Jefferies has ’Buy’ on the IT stock

Live Mint  

IT major Infosys' shares have fallen 22% from its highs on the back of weak Q4 results due to margin pressures, as well as growing concerns on growth due to worsening macro and rising yields. Analysts at Jefferies believe Infosys is well positioned to deliver 11/15% CAGR in revenue/EPS over FY23-25 as cloud adoption is still low, low US unemployment …

Infosys Outperforms TCS in Q4, Revenue Guidance Beats Street Expectations; Should You Buy?
2 years, 8 months ago

Infosys Outperforms TCS in Q4, Revenue Guidance Beats Street Expectations; Should You Buy?

News 18  

Infosys Shares: Infosys, the country’s second-largest IT services company, recorded lower-than-expected earnings growth in March 2022 quarter but the revenue growth guidance for the current financial year has exceeded analysts’ expectations. However, Infosys has given robust guidance for FY23E of 13-15 per cent which indicates a healthy demand outlook. Brokerage firm Motilal Oswal said that strong headcount addition at 22,000, …

Infosys Q4 results: Net profit up 12%, FY23 revenue growth seen at 13-15%
2 years, 8 months ago

Infosys Q4 results: Net profit up 12%, FY23 revenue growth seen at 13-15%

Live Mint  

India's second largest IT services exporter Infosys Ltd's consolidated net profit rose 12% to ₹5,686 crore for the March quarter. A Bloomberg consensus estimate expected Infosys to post a net profit of ₹5,961 crore, while revenues were seen at ₹32,709 crore for the March quarter. “Infosys delivered highest annual growth in a decade with broad-based performance driven by deeply differentiated …

Infosys Q4 Results: IT Major Expected to Report a Stable Quarter; Key Things to Expect
2 years, 8 months ago

Infosys Q4 Results: IT Major Expected to Report a Stable Quarter; Key Things to Expect

News 18  

Infosys Q4 Earnings: Infosys, which is set to announce its financial performance on Wednesday, is expected to report a solid performance, despite a high base. Emkay Global sees Infosys’s profit growing 18.4 per cent to Rs 6,010 crore while sales rising 23.9 per cent YoY to Rs 32,610 crore. Infosys guiding for 12-15 per cent constant currency YoY revenue growth …

Infosys shares soar to record high on stronger-than-expected Q1 profits
4 years, 5 months ago

Infosys shares soar to record high on stronger-than-expected Q1 profits

Deccan Chronicle  

New Delhi: Shares of Infosys rallied 15 per cent on Thursday after the company posted a stronger-than-expected 12.4 per cent rise in the first quarter consolidated net profit. Infosys on Wednesday posted 12.4 per cent rise in the first quarter consolidated net profit to Rs 4,272 crore, helped by large deals, and said its FY21 revenue is likely to grow …

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