Page 2 - Infosys Stock

Infosys BPM opens 2nd office in Puerto Rico's Aguadilla, to create 325 jobs

Centre will serve more clients in aerospace, healthcare, insurance, financial services

HCLTech Q4 results: Revenue guidance at 3-5%, higher than Infosys' 1-3%

IT firm reported a net profit of Rs 3,986 crore for the quarter ended March 2023 (Q4FY24), up 0.1 per cent on a year-on-year (Y-o-Y) basis

Stocks to Watch: Infy, Bajaj Auto, HDFC Life, ICICI Sec, ITC, SpiceJet

Stocks to watch on Friday, April 19: Balrampur Chini, Bandhan Bank, Exide, GNFC, Hindustan Copper, Metropolis, National Aluminium, Primal Enterprises, SAIL and Zee among 11 stocks in F&O ban today.

Markets to take cues from quarterly earnings of TCS, Infosys, say analysts

Trading in stock markets this week will be majorly influenced by the upcoming quarterly earnings from IT majors TCS and Infosys, along with global trends, analysts said. Besides, global oil benchmark Brent crude, rupee-dollar trend and trading activity of foreign investors would also dictate the movement, they said. "On the domestic front, all eyes will be on the beginning of corporate performance for the third quarter of the current fiscal year. Market participants will be keeping an eye on the movement of the rupee against the dollar and crude oil prices. "Investments by Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) will also be monitored," said Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd. Infosys and Tata Consultancy Services (TCS) will announce their earnings on Thursday while the quarterly results of HCL Technologies and Wipro will be out on Friday. Sunny Agrawal, Head of Fundamental Equity Research, SBI Securities Lt

Infosys, TCS, Wipro: Do IT stocks have more steam left? What charts say

Unlike the benchmark Nifty 50, the Nifty IT index is still over 9 per cent shy from its summit. Among the frontline stocks, Infosys, TCS and Wipro look fairly placed on the charts.

Stocks to Watch today: Honasa, IndiGo, SBI, Infy, Liberty Shoes, RBL Bank

Stocks to watch on Thursday, November 23, 2023: Honasa Consumer in its first result filing post listing reported a in net profit to Rs 29.40 crore for Q2FY24 as against a loss of Rs 15 crore in Q2FY23

Sensex, Nifty snap 2-day winning run as IT stocks dip post weak Q2 of TCS

Closing Bell on Thursday, October 12, 2023:Infosys and Tech M were the worst hit on the 50-share index, dropping nearly 3 per cent each, followed by Apollo Hospitals, TCS, HCL Tech, LTIMindtree, Wipro

Sensex extends winning run into 11th day, gains 320 pts; Nifty nears 20,200

CLOSING BELL ON SEPTEMBER 15, 2023: The BSE Sensex hit a new life-time high at 67,927, and the Nifty registered a peak at 20,222 on Friday

Infosys Foundation announces STEM scholarship for underprivileged girls

Programme commits Rs 100 cr, will support more than 2,000 girl students in first phase

Infosys signs 5-year deal with Liberty Global estimated at $1.64 bn

Collaboration will enable London-based video and broadband company to realise run-rate savings of more than $109 bn

Subdued outlook: Tsunami of rating downgrades sinks Infosys stock

Over 10 brokerages lower price targets after guidance disappointment

TCS may consider giving 12-15% hikes to top employees to curb attrition

TCS is also planning to raise base salaries in its campus recruitment drives. If implemented, this is likely to make Infosys, HCL Technologies, and Wipro follow suit

Infosys Q4 Preview: Profit may weaken sequentially; FY24 guidance eyed

The quantum of deal pipeline, nature of large deals, pace of decision-making and drivers of consolidation trend will also be closely tracked

Infosys to open campus in Kolkata to bring office closer to talent pool

Infosys is taking these steps to minimise inter-city travel for its employees and provide them with greater flexibility

Top-level exits at Infosys do not impact long-term growth: Experts

Mohit Joshi has joined Tech Mahindra as its CEO and MD. Experts have said that the development is consequential given the macroeconomic circumstances

Infosys strong TCV, deal wins in Q3 lend comfort amid macro risks: Analysts

Infosys Q3 review: The company is likely to benefit from vendor consolidation opportunities, gain market share and see margin expansion going ahead, say analysts

Nifty IT index slips 5% in two days on earnings, valuation worries

Recently, HCL Technologies said that its FY23 revenue could be at the lower end of the guidance; Credit Suisse warned valuation-led correction in these stocks amid US macro headwinds.

IT sector may be ripe for cherry picking; analysts more positive on Infosys

Investors though should be selective; analysts more positive on Infosys and Persistent Systems

Strong Q2 earnings, Rs 9,300-crore share buyback propel Infosys stock

Market players said buyback will support the stock price in the interim

Infosys shares jump 4% on strong quarterly earnings, net profit up 11%

Shares of Infosys climbed 4 per cent on Friday after the company posted better-than-expected 11 per cent rise in consolidated net profit for the September quarter and announced buyback of shares. Shares of the company went higher by 3.82 per cent to settle at Rs 1,474.05 on the BSE. During the day, it jumped 5.22 per cent to Rs 1,494. On the NSE, it climbed 4.02 per cent to end at Rs 1,477. It was the biggest gainer among the Sensex and Nifty components. The company's market valuation jumped Rs 22,878.82 crore to Rs 6,20,254.82 crore. In traded volume terms, 5.20 lakh shares of the company were traded on the BSE and over 1.49 crore shares on the NSE during the day. Other IT stocks like HCL Technologies and Tech Mahindra also ended higher. The 30-share BSE index jumped 684.64 points or 1.20 per cent to at 57,919.97 points. On Thursday, Infosys reported an 11 per cent rise in consolidated net profit at Rs 6,021 crore for the September quarter and announced buyback of shares worth