Fri, Oct 18, 2024
Infosys shares in Friday's trade will gain traction after the company posted largely mixed results with steady margins.
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Thu, Apr 18, 2024
Though Infosys reported a rise in PAT, its consolidated revenue from operations slipped by 2.34 per cent to Rs 37,923 crore in the quarter under review from Rs 38,831 crore in the previous quarter. The research team had estimated the revenue to be Rs 38,550 crore.
Tue, Apr 09, 2024
Also, transformational IT spends could see an uptick post US elections Upcoming earnings to provide last cut/floor to CY24E, the brokerage said. Also, it stated that valuation affords the case for our upgrade.
Wed, Dec 07, 2022
The second largest Indian IT firm Infosys informed the exchange about buyback of equity shares of the face value of Rs 5 per equity share.
Fri, Oct 14, 2022
Infosys share price jumped more than 4.5% in early morning deals on Oct 14 as the Street gave a thumbs up to the Bengaluru-based IT major's September quarter results and share buyback announcement
Tue, Oct 04, 2022
Infosys, India's second largest IT company in terms of revenue, had declared the date for announcing Q2FY23 earnings results on October 13. Infosys is one of the favourite bets among IT stocks for many brokerage houses.
Wed, Sep 28, 2022
Indian IT stocks: Shares of TCS, Infosys, Wipro are available at a discount of 20 to 45 per cent. Indian IT stocks are under tremendous pressure due to heightened recession fear in the US.
Thu, Sep 22, 2022
Shares of Infosys ended 0.64% lower at 1,347.80 rupees on the BSE. During the day, Infosys share price touched a new 52-week low of Rs 1,360.05 per share on the BSE after crashing 1%
Tracking the global peers, Indian IT stocks were also weak in the early morning rade, however, recovered as the day progressed.
Thu, Sep 15, 2022
Global brokerage house Goldman Sachs downgraded Infosys fearing a sharp cut in dollar revenue growth would slow down the IT sector.
Stocks to buy today: The Indian market declined by around half per cent after firm opening on Thursday.
Wed, Sep 14, 2022
IT Sector outlook: Tracking weakness in the US market, Information Technology (IT) stocks fell the most on the benchmarks on Wednesday.
Wed, Aug 24, 2022
Information Technology (IT) sector has been facing pressure on margins amid high attrition.
Tue, Aug 23, 2022
Information Technology (IT) sector has been dragging the market on Tuesday amid reports of IT companies resorting to variable payout cut
Mon, Jul 25, 2022
Infosys Q1 results Shares of Infosys dropped around two per cent in Monday's intraday trade after IT major Infosys' net profit fell short of street's expectations of 5.5-9.5 per cent growth in the quarter ended June 2022.
Mon, Mar 21, 2022
IT stocks were in action on Monday as they gained between 1-2%, tracking Accenture's second-quarter results.
Tue, Jan 18, 2022
IT giants Tata Consultancy Services (TCS) and Infosys posted their Q3FY22 result last week.
Sun, Aug 04, 2019
Last month, IT and pharma sector fared better while banking stocks witnessed significant corrections. However, auto stocks continued to be the drag of benchmark indices.
Sun, Jul 21, 2019
Post Q1FY20 result announcements, the shares of these three companies have been trading on a volatile note.
Tue, Jul 16, 2019
Infosys revenue grew by 14% in Indian rupees, 10.6% in USD on yearly basis while constant-currency revenue increased by 12.4% in the quarter.
Sun, Jul 14, 2019
Key highlight of the result was Infosys' revenue forecast for upcoming quarters, which raises faith in the company.
Mon, Apr 15, 2019
Infosys posted a consolidated net profit of Rs 4,078 crore in Q4FY19, higher compared to profit of Rs 3,610 crore in Q3FY19 and Rs 3,690 crore in Q4FY18. On yearly basis, PAT rose by over 10.51%.
Mon, Jan 14, 2019
In its December 2018 (Q3FY19) quarter, Infosys posted a disappointing result with consolidated net profit declining by a massive 29.61% to Rs 3,610 crore compared to Rs 5,129 crore witnessed a year ago in the same period.
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