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.
Fri, Jan 11, 2019
Going forward, FY19 revenue guidance in constant currency revised upward to 8.5%-9.0%; Operating margin guidance retained at 22%-24%.
The period of depreciating Indian rupee played a major role for Infosys, as IT sectors are seen the biggest beneficiary when the currency weakens. Hence, some good impact of weak rupee will be witnessed in Infosys.
Wed, Oct 17, 2018
Shares of Infosys rose by nearly 4 per cent Wednesday after the company posted a better-than-expected 10.3 per cent net profit growth in the second quarter.
Mon, Sep 24, 2018
IT-giant Infosys touched an intraday high of Rs 729.95 per piece which resulted in gains of 3.35% so far on BSE.
Mon, Jul 16, 2018
Infosys posted 3.70% growth in net profit to Rs 3,612 crore in Q1FY19 compared to net profit of Rs 3,483 crore in the corresponding period of the same month.
A Bloomberg poll of analysts had predicted Infosys revenue and net profit to come in at Rs 19,064 crore and Rs 3,741 crore in Q1FY19 respectively.
Fri, Jan 12, 2018
The 31-scrip index touched a new high of 34,638.42, while the 51-scrip index also touched a new of 10,689.10.
Tue, Jan 02, 2018
Salil Parekh (53) has an experience of 25 years in a leading technology service provider, Capgemini, as member of the group executive board.
Mon, Dec 04, 2017
Shares of the IT major edged higher in early trade on BSE Sensex with news of appointment of a new CEO over the weekend.
Wed, Nov 01, 2017
Total buyback offer consists of 11,30,43,478 equity shares fully paid-up having face value of Rs 5 each at a floor price of Rs 1,150 per piece.
Tue, Oct 10, 2017
Infosys share price gained by almost 2% as it fixes November 01, 2017 as the record date for carrying out its Rs 13,000 crore buyback offer.
Mon, Sep 04, 2017
At 0916 hours BSE Sensex was trading at 31,838.88, down 53.35 points or 0.15%, while NSE Nifty was trading at 9,968.45, down 5.95 points or 0.06%.
Mon, Aug 28, 2017
At 0918 hours BSE Sensex was trading at 31,752.63, up 156.57 points or 0.50% while NSE Nifty was trading 9,893.75, up 36.70 points or 0.37%.
Sat, Aug 26, 2017
The market also perturbed by the BSE moving ahead to compulsorily delist 200 firms and bar their promoters as the these shares has remained suspended for over a decade.
Thu, Aug 24, 2017
Many reports have stated that Nandan Nilekani the former CEO of Infosys may return back after Vishal Sikka's resignation from his MD and CEO post on August 18, 2017.
Tue, Aug 22, 2017
After losing top spot in terms of market share on Nifty, Infosys shares were up nearly 2%. The shares of the company were trading at Rs 887.70 per piece, up 1.77% or Rs 14.20 on BSE.
Mon, Aug 21, 2017
Infosys' market valuation touched Rs 2,00,617 crore, while that of Indian Oil Corporation was marginally higher at Rs 2,00,645.9 crore at the closing on the NSE.
Vishal Sikka, CEO and MD, Infosys' resignation has sent shivers down investors' spine as the stock lost nearly Rs 27,000 crore in value. Moreover, a Rs 13,000 crore first-time-ever share buyback has so far failed to cheer sentiments as the stock continued to lose value on Monday August 21, 2017.
At 0920 hours, Sensex was trading at 31,567.62, up 42.94 points or 0.14%, while Nifty was trading at 9,866.40, up 29 points or 0.29%.
Sat, Aug 19, 2017
The government GST rate revision lifted FMCG stocks, while announcement of share buy-back by IT major Infosys slos supported the sentiment.
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