Fri, Jan 12, 2024
Infosys Stock Insights: Signs of Revival and Stability in IT Sector? How are Infosys' Q3 results, what to do in the stock now? What are the targets and stoploss for Infosys? Know the analysis of results from Anil Singhvi
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Indian IT stocks witnessed a significant jump on Friday following earnings releases from Infosys and Tata Consultancy Services (TCS) the previous day. Both companies' financial performance surpassed analyst expectations, boosting investor confidence and driving share prices higher.
Tue, Dec 26, 2023
Why pressure in Infosys today? How big was the order cancelled? What impact will this news have on #Infosys? Know complete details in this video
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.
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.
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