Infosys will help Sunrise build a more flexible and secure technology base, aimed at improving operations and customer services
The BSE IT index also fell 3.5 per cent in the intraday trade. Thus far in calendar year 2025, the BSE IT index has underperformed the market by sliding 19 per cent
On the bourses, the Nifty IT index is the worst-performing sector so far this year. The index is down 16 per cent in 2025
IT stocks such as Infosys, TCS and 3 others could see limited downside from current levels, as they are trading above key support levels, backed by positive cues from momentum oscillators, show charts
Another silver lining for the companies and the markets, analysts said, is the falling dependence on the H-1B visa in the last few years.
The initiative by the IT services giant comes at a time when the company is ramping up its efforts to increase the number of women in its workforce
US Federal Reserve cut interest rates by 25 basis points and pencilled in two more reductions this year
Infosys will buy back 100 million shares at an average price of ₹1,800, representing 2.41 per cent of its paid-up equity capital
Infosys will repurchase 100 million shares at an average price of ₹1,800 per share, a 19.3 per cent premium to its closing share price of ₹1,509.50 on Thursday
The US Securities and Exchange Commission (SEC) has granted exemptive relief for Infosys' share buyback as requested by the company, according to a statutory filing on Friday. The exemptive relief from the US securities' regulator is on certain aspects of the tender offer procedures, due to conflicting regulatory requirements between Indian and US laws for tender offer buybacks, Infosys said in the BSE filing. The Board of India's second largest IT services company on Thursday green-lit its largest-ever share buyback programme worth Rs 18,000 crore. The record buyback entails Infosys buying 10 crore fully paid-up equity shares of a face value of Rs 5 each, representing up to 2.41 per cent of the total paid-up equity share capital, at Rs 1,800 per share. "We would like to inform you that, by way of a letter from the SEC dated September 11, 2025, the company has obtained the requested exemptive relief from the SEC," it said. The letter, it said, will be publicly available on the SEC
Infosys will repurchase 100 million shares at an average price of ₹1,800 per share, a 19.3 per cent premium to its Thursday closing share price
Stocks to watch on September 12: M&M, JSW Energy, GMR Power, Marico, JBM Auto, NLC India and JTL Industries among other stocks to track today.
Infosys announced a Rs 18,000 crore buyback at a 19.3 per cent premium, its largest in 10 years, as IT stocks remain under pressure from weak macro trends and tariff risks
Infosys shares have historically rebounded post buyback approvals over long term, rising 22 per cent over six months in 2021. Will this time be any different?
The Nifty IT Index has underperformed the broader markets in the last 3 months and 6 months, owing to macro uncertainties
Infosys shares rose after it said that its board will consider a share buyback proposal at its meeting on September 11, 2025.
After a slowdown, IT major Infosys to revive campus hiring even as growth stays subdued for a second consecutive year
Infosys stock is seen trading with a weak bias, below the key moving averages on the daily and weekly charts; Key support for the stock stands at ₹1,348. What to expect?
Stocks to watch on Tuesday, September 9: | TVS Motor Company: To pass on full benefit of GST rate cut across its ICE vehicle portfolio, effective September 22.
Infosys will review a proposal for share buyback at its September 11 board meeting, the first since its Rs 9,300-crore buyback in 2022 at Rs 1,850 per share