Infosys underperforms IT index, can the stock turn around going ahead?
1 year, 6 months ago

Infosys underperforms IT index, can the stock turn around going ahead?

Live Mint  

Infosys share price declined about a percent in intraday trade on BSE on Thursday, in sync with a weak market sentiment even as a day ago the company announced an expansion of its strategic partnership with US chipmaker, Nvidia which, as per market participants, is a positive development. Infosys share price has significantly underperformed its sectoral index BSE IT and the benchmark Sensex in the last one year. While the BSE IT is up about 21 per cent in the last one year, Infosys share price is up only about 8 per cent. Infosys technical chart Foram Chheda, CMT, and Founder of ChartAnalytics.co.in, observed that the Nifty IT Index witnessed a multi-month breakout on the weekly charts and along these lines, Infosys witnessed a stellar run in the past two months gaining nearly 16 per cent from the lows seen in July to the recent high.

Price Stock Cent Bse Sensex Nvidia Tcs Kotak Infosys Share Price Discretionary Spending Infosys Share  underperforms  deals  turn  takeout  going  pointed  12  cent  index  price  infosys  share  ahead  stock  nvidia

History of this topic

Infosys, TCS, HCLTech gain up to 2%: Why are IT stocks rising today?
1 week, 5 days ago

Infosys, TCS, HCLTech gain up to 2%: Why are IT stocks rising today?

India Today  

Sensex and Nifty opened higher on Thursday, continuing their positive trend for the fourth straight session. As a result, the benchmark indices saw strong gains with Sensex jumping over 500 points, while Nifty also gained nearly 150 points to cross the 23,000 mark. IT STOCKS LEAD RALLY ON D-STREET IT sector stocks showcased strong performance in early trade with the …

Infosys share price dips after JP Morgan’s downgrade; promoter Shruti Shibulal acquires company shares worth ₹469 crore
2 weeks, 4 days ago

Infosys share price dips after JP Morgan’s downgrade; promoter Shruti Shibulal acquires company shares worth ₹469 crore

Live Mint  

IT major Infosys share price continues to decline for second session straight on Thursday. Infosys share price has been on focus after one of the promoter's Shruti Shibulal bought additional 29.84 lakh shares of the IT giant. Shibulal, recently purchased 2,984,057 shares of Infosys at an average price of ₹1,657 per share, totaling ₹494.46 crore. JP Morgan downgrades Infosys stock …

Infosys block deal on March 12: Former CEO’s daughter Shruti Shibulal acquires 29.84 lakh shares for ₹469 crore
2 weeks, 5 days ago

Infosys block deal on March 12: Former CEO’s daughter Shruti Shibulal acquires 29.84 lakh shares for ₹469 crore

Live Mint  

Infosys block deal on March 12: Shruti Shibulal, one of Infosys's promoters, acquired additional shares of India's second-largest information technology giant on Wednesday, March 12, through an open market transaction for ₹469 crore. Infosys Q3 Results On January 16, the Sahil Parekh-led tech giant reported a rise of 11.4 per cent in net profit to ₹6,806 crore in the October-December …

Nifty IT slumps for 4th straight day, hits 8-month low; Infosys biggest drag
2 weeks, 5 days ago

Nifty IT slumps for 4th straight day, hits 8-month low; Infosys biggest drag

Live Mint  

Indian stock market: The sharp sell-off in domestic technology stocks shows no signs of reversal as they extend their losing streak for the fourth consecutive trading session on Wednesday, March 12, sending the Nifty IT index tumbling another 4.1% in today's trade, hitting a 8-month low of 35,988 points and taking the four-day cumulative fall to 6%. Likewise, global brokerage …

Infosys shares plunge 6% despite beating Q3 estimates, analysts raise concerns
2 months, 2 weeks ago

Infosys shares plunge 6% despite beating Q3 estimates, analysts raise concerns

Hindustan Times  

Shares of India's No.2 IT company Infosys fell nearly 6% on Friday despite beating third-quarter result estimates, as analysts raised concerns about the quality of earnings. The company's revenue growth was driven by a higher component of "third-party items" in its deal pipeline, "which drove concerns around the quality of the beat and raise", Morgan Stanley analysts said in a …

Infosys share price cracks 5% after Q3 results, following overnight fall in Infosys ADR
2 months, 2 weeks ago

Infosys share price cracks 5% after Q3 results, following overnight fall in Infosys ADR

Live Mint  

Infosys share price declined nearly 5% on Friday, following overnight plunge in the IT giant’s American Depositary Receipt listed on New York Stock Exchange. Infosys Q3 Results Infosys, India’s second-largest software services provider, reported 4.6% rise in its net profit at ₹6,806 crore for the quarter ended December 2024 from ₹6,506 crore in the previous quarter. Infosys Q3 Results Review …

Explained: Why Infosys share price tumbled over 5% after strong Q3 results
2 months, 2 weeks ago

Explained: Why Infosys share price tumbled over 5% after strong Q3 results

India Today  

Shares of IT giant Infosys fell sharply on Friday, declining over 5% in early trade on the Bombay Stock Exchange, following an overnight drop in its American Depositary Receipt listed on the New York Stock Exchange. It may be noted that the country's second-largest IT services provider reported an 11% year-on-year rise in consolidated net profit to Rs 6,806 crore. …

Infosys ADR down 6% on NYSE after IT major reports Q3FY25 results
2 months, 2 weeks ago

Infosys ADR down 6% on NYSE after IT major reports Q3FY25 results

Live Mint  

Infosys ADR: American Depository Receipt shares of India's second-largest software services provider witnessed a sharp decline on the New York Stock Exchange after declaring its October-December quarter results for fiscal 2024-25. Infosys ADR crashed six per cent to $21.515 on the American stock exchange even after the IT major hiked its FY25 revenue growth guidance for the third straight quarter …

Infosys beats TCS as growth continues on the back of North America business
2 months, 2 weeks ago

Infosys beats TCS as growth continues on the back of North America business

Live Mint  

The growth engines that fuelled Infosys Ltd’s performance in the first half of the financial year retained momentum in the December quarter helped by strong business in its core North American market. India’s second-largest information technology services company also raised its full-year revenue outlook for the third time this financial year, crediting improving discretionary spending by financial services companies in …

IT major Infosys posts 11.4% YoY rise in net profit to ₹6,806 crore; here are 5 key highlights
2 months, 2 weeks ago

IT major Infosys posts 11.4% YoY rise in net profit to ₹6,806 crore; here are 5 key highlights

Live Mint  

Infosys, India's second-largest IT services exporter, posted an 11 per cent year-on-year increase in consolidated net profit, reaching ₹6,806 crore, while its revenue from operations rose by 8 per cent YoY to ₹41,764 crore. Here are five key highlights from Infosys Q3 results - Net profit The company reported a net profit of ₹6,806 crore for the quarter under review, …

Infosys Share Price Today on 29-11-2024: Infosys share price are up by 0.34%, Nifty up by 0.87%
4 months 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, LTIM, HCLTech, TCS: Why IT stocks are tumbling today
4 months ago

Infosys, LTIM, HCLTech, TCS: Why IT stocks are tumbling today

India Today  

Shares of leading Indian IT companies faced significant pressure on Thursday, with stocks like Infosys, TCS, HCLTech, Tech Mahindra, LTIMindtree, and LTTS declining by 2-4%. This raised doubts about the pace of interest rate cuts by the US Federal Reserve, with traders now estimating a 65% chance of a rate cut next month. "The inflation numbers have renewed fears of …

Infosys Share Price Today on 26-11-2024: Infosys share price are up by 1.78%, Nifty down by -0.02%
4 months 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%
4 months 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%
4 months, 1 week 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%
4 months, 2 weeks 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%
4 months, 2 weeks 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%
4 months, 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%
4 months, 3 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%
5 months 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
5 months, 1 week 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 share price touches 52-week high. Buy, hold or book profit?
1 year, 2 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. …

TCS, Infosys, other IT majors add $22 bln in market value in 2 sessions: Report
1 year, 2 months ago

TCS, Infosys, other IT majors add $22 bln in market value in 2 sessions: Report

Live Mint  

With last quarter's higher-than-expected sales surprising investors and improving the outlook for the industry, shares of Indian software giants got off to a roaring start in the new year. The four major software companies have added roughly $22 billion in market value in just two trading sessions since Thursday, when the earnings season began, led by industry heavyweights Tata Consultancy …

Infosys shares plummet overnight after CFO Nilanjan Roy's surprise exit
1 year, 3 months ago

Infosys shares plummet overnight after CFO Nilanjan Roy's surprise exit

Hindustan Times  

After the internal management changes at Narayana Murthy's company, Infosys shares tumbled overnight, raising concerns for shareholders of the top IT firm. Infosys shares dropped over 3 percent after the CFO's surprise exit from the firm. Infosys shares opened at one per cent less than the previous day after the company's chief financial officer, Nilanjan Roy resigned from the post, …

Infosys share price falls 4% on Q2 result: Here’s what analysts say
1 year, 5 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 share price Today Live Updates : Infosys closed today at ₹1372, down -1.23% from yesterday's ₹1389.15
1 year, 7 months ago

Infosys share price Today Live Updates : Infosys closed today at ₹1372, down -1.23% from yesterday's ₹1389.15

Live Mint  

On the last day, Infosys opened at ₹1393.4 and closed at ₹1394.3. Infosys share price NSE Live :Infosys closed today at ₹1372, down -1.23% from yesterday's ₹1389.15 Today, Infosys stock closed at ₹1372, with a percent change of -1.23% and a net change of -17.15. Infosys share price update :Infosys trading at ₹1374.55, down -1.05% from yesterday's ₹1389.15 The current …

Bad news for Infosys employees: IT major defers salary hikes
1 year, 8 months ago

Bad news for Infosys employees: IT major defers salary hikes

Live Mint  

One of India's largest tech giants, Infosys, has deferred the payment hikes of its employees which it usually rolls out from April for its employees below the senior management level, according to a Moneycontrol report. Generally, the company rolls out hikes for its senior management in July, but so far even the senior management hasn't receive any news about its …

Infosys share price continues to fall for 3rd straight day post weak Q4 show
1 year, 11 months ago

Infosys share price continues to fall for 3rd straight day post weak Q4 show

Live Mint  

The Infosys share price today opened marginally lower at ₹1,257.60 but extended losses to fall to a low of ₹1,238.70. The share price of Infosys dropped by an unprecedented level on Monday to touch a fresh 52-week low with investors losing ₹58,000 crore or value. Catch live market updates here Weak Q4 numbers from India's top IT company, TCS further …

Infosys woes spark selloff in stocks of tech firms
1 year, 11 months ago

Infosys woes spark selloff in stocks of tech firms

Live Mint  

Mumbai: The bear onslaught on 10 technology stocks comprising the Nifty IT index wiped ₹1.03 trillion off investor wealth, with Infosys Ltd alone accounting for a little more than half of the losses, following a slew of price and ratings downgrades after the software major disappointed investors with its sales forecast for the current year, amid a banking crisis in …

Nifty IT hits fresh 1-year low, all shares in red. Which stocks to buy/sell?
1 year, 11 months ago

Nifty IT hits fresh 1-year low, all shares in red. Which stocks to buy/sell?

Live Mint  

IT indexes were in a bloodbath on Monday after Infosys' Q4 earnings came in lower than estimates. Infosys emerged as the top loser, while peers TCS, HCL Tech, Tech Mahindra, and Wipro have also witnessed a significant drop in share prices. Infosys rivals like HCL Tech saw a 2.8% contraction, and Wipro and TCS shed around 1.8% and 1.6% respectively. …

Infosys Shares Slip Nearly 15 Per Cent, Rs 73,060 Crore Wiped From Market Valuation Post Q4 Disappointments Report IT Stock NSE BSE Stock Market Crash
1 year, 11 months ago

Infosys Shares Slip Nearly 15 Per Cent, Rs 73,060 Crore Wiped From Market Valuation Post Q4 Disappointments Report IT Stock NSE BSE Stock Market Crash

ABP News  

The stock market crash on Monday wiped out Rs 73,060.65 crore from Infosys' market valuation as its shares plunged over 15 per cent. Last week on Thursday, Infosys logged a 7.8 per cent year-on-year rise in consolidated net profit at Rs 6,128 crore in the March quarter of FY23. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, …

Infosys share drops by almost 11%, most since Covid crash
1 year, 11 months ago

Infosys share drops by almost 11%, most since Covid crash

Hindustan Times  

Infosys Ltd shares plunged almost 11 per cent to ₹1,238.25 a piece, the most intraday since March 2020, as concerns about demand for Indian IT services surfaced in the aftermath of US and European banks turmoil and recessionary fears. However, the shares started taking a dip as Infosys predicted that this fiscal year's sales growth will only be between 4% …

All cloud, no silver lining for Infosys
1 year, 11 months ago

All cloud, no silver lining for Infosys

Live Mint  

There are no silver linings in Infosys Ltd’s results for the March quarter. Unplanned project ramp downs, delays in decision making and one-off impact due to certain cancellations hit revenue growth, the Infosys management said. View Full Image Graphic: Mint Remember, just in January, Infosys had raised its FY23 CC revenue growth guidance to 16-16.5% from 15-16% earlier. “While the …

Infosys Q4 earnings lower-than-estimates. How will stock price react on Monday?
1 year, 11 months ago

Infosys Q4 earnings lower-than-estimates. How will stock price react on Monday?

Live Mint  

Infosys' fourth-quarter earnings for FY23 came in more bitter than sweet. Now that Infosys has missed its quarterly estimates, how will the company's stock price react? As per TD Cowen's report, Infosys posted lower-than-expected 4Q results with revenue/EPS missing consensus by -3%/-5% and an initial outlook on growth and OM that also miss the mark. The FY23 revenue guidance miss …

Infosys Q4 Results Today: After TCS results, 5 key metrics to watch out for
1 year, 11 months ago

Infosys Q4 Results Today: After TCS results, 5 key metrics to watch out for

Live Mint  

Infosys, an IT company, is slated to announce its fourth-quarter earnings for FY23 today, which may be impacted by seasonal weakness and macroeconomic uncertainties. Revenue growth According to media reports, Infosys is anticipated to experience a revenue growth of approximately 1-2.4 per cent, which may be hindered by macroeconomic challenges. During the third quarter, Infosys experienced a decrease in attrition, …

Infosys shares rise over 1% ahead of Q4 results. Here’s what analysts say
1 year, 11 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 Shares Near 52-Week Low, Plummets 12% in a Month; What Do Analysts Say?
2 years ago

Infosys Shares Near 52-Week Low, Plummets 12% in a Month; What Do Analysts Say?

News 18  

Shares of Infosys were down as much as 1.3 per cent on Thursday. The stock is down in 12 of the last 13 sessions and is just 1.5 per cent away from its 52-week low of Rs 1,355.50, which it fell to in September last year. In the past one month, Infosys has underperformed the market by falling 12 per …

Are IT stocks the ITC of 2023?
2 years ago

Are IT stocks the ITC of 2023?

Live Mint  

ITC was probably the most talked about stock of 2021 and 2022. From the lows of April 2020 to January 2021, the ITC stock was up 30%, while the BSE Sensex was up 133%. From ₹220 in January 2022, the stock shot up 60% to ₹356 by November 2022 and eventually touched its all-time high of ₹392 in March 2023. …

Infosys, TCS shares: Why BNP Paribas is bullish on these 2 Indian IT stocks
2 years, 4 months ago

Infosys, TCS shares: Why BNP Paribas is bullish on these 2 Indian IT stocks

Live Mint  

The BNP Paribas IT services industry outlook index indicates that near-term revenue growth outlook remains strong, helped by strong deal wins. “Downside risks to the DCF-based TP are sharper-than-expected decline in global economic activity and GDP growth, margin pressure from increased competition, sustained INR appreciation vs the USD, and current cost inflation seen by IT services companies not getting fully …

Infosys Q2FY23 Result: Net Profit Jumps 11.1% To Rs 6,021 Crore; Rs 9,300 Cr Share Buyback Announced
2 years, 5 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 Q1 Results: Net Profit Rises 3.2% YoY To Rs 5,360 Crore; Revenue Up 23.6%
2 years, 8 months ago

Infosys Q1 Results: Net Profit Rises 3.2% YoY To Rs 5,360 Crore; Revenue Up 23.6%

News 18  

Infosys Q1FY23 Results: IT major Infosys on Sunday reported a consolidated net profit of Rs 5,360 crore for the June 2022 quarter, a growth of 3.2 per cent as compared with Rs 5,195 crore in the year-ago quarter. Sequentially, Infosys’ net profit declined 5.7 per cent as compared with Rs 5,686 crore in the March 2022 quarter. The Bengaluru-based IT …

TCS, Infosys shares trade near 52-week lows. Good levels to buy?
2 years, 9 months ago

TCS, Infosys shares trade near 52-week lows. Good levels to buy?

Live Mint  

Shares of top Indian IT companies Tata Consultancy Services and Infosys have fallen sharply amid the current market volatility and the IT stocks are trading near their respective 52-week low levels. Domestic brokerage and research firm Motilal Oswal is bullish on the IT stocks and has Buy tags on both TCS and Infosys shares with a target price of ₹4,240 …

Infosys shares fall 22% from highs, Why Jefferies has ’Buy’ on the IT stock
2 years, 9 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 Shares Plunge 9% on Q4 Results; Should You Buy, Sell or Hold the IT Stock?
2 years, 11 months ago

Infosys Shares Plunge 9% on Q4 Results; Should You Buy, Sell or Hold the IT Stock?

News 18  

Infosys Shares: Infosys Ltd shares tanked over 9 per cent on Monday after many analysts cut its margin estimates over its weaker-than-expected earnings for the March quarter. Last week, Infosys reported revenue growth of 1.2 per cent on-quarter in constant currency terms due to contractual client provisions impact and less number of calendar working days. Infosys margin was down by …

Did Infosys Outperform TCS in Q4? Know Which IT Stock to Buy Post Results
2 years, 11 months ago

Did Infosys Outperform TCS in Q4? Know Which IT Stock to Buy Post Results

News 18  

India’s second-biggest IT service provider Infosys’ net profit rose 12 per cent to Rs 5,686 crore for the quarter ended March from Rs 5,076 crore in the year-ago period while its revenue grew nearly 23 per cent to Rs 32,276 crore as compared to Rs 26,311 crore year-on-year. Infosys has projected 13-15 per cent revenue growth for the current fiscal …

Infosys Q4 Results: IT Major Expected to Report a Stable Quarter; Key Things to Expect
2 years, 11 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 Q1 Net Profit Jumps 23% To Rs 5,195 Crore
3 years, 8 months ago

Infosys Q1 Net Profit Jumps 23% To Rs 5,195 Crore

ABP News  

Mumbai: Information technology major Infosys on Wednesday reported a 23% jump in its net profit to Rs 5195 crore on the back of large deal wins. "We remain confident of delivering on the margin guidance, underpinned by our comprehensive cost optimization program, despite increasing cost headwinds arising largely from compensation review, talent acquisition and retention", said Nilanjan Roy, Chief Financial …

Infosys in a sweet spot as it races past TCS on profit growth in FY21
4 years, 2 months ago

Infosys in a sweet spot as it races past TCS on profit growth in FY21

Live Mint  

On Monday, in response to Tata Consultancy Services Ltd’s better-than-expected December quarter results, investors drove the company’s shares up by 1.8%. In constant currency terms, Infosys’s revenues have risen 6.6% year-on-year, compared to a mere 0.4% growth in the case of TCS. And, in a clear sign that the growth differential may continue for some time, Infosys announced that the …

Infosys share price at its peak, analysts expect further 13% upside
4 years, 3 months ago

Infosys share price at its peak, analysts expect further 13% upside

Live Mint  

The IT major Infosys share price has hit its all time high during the Christmas week. Infosys share price touched ₹1,258.85 for the first time on Wednesday. Another brokerage house, Anad Rathi has a buy call on Infosys with a target price of ₹1,385. Digital acceleration, large deal wins vendor consolidation and cost rationalisation remain key long term drivers," says …

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