Overall, the Nifty Bank, Pharma, Metal, IT, Financial Services, and Private Bank indices ended up to 1.4 per cent higher
Despite the miss on sequential revenue growth, analysts remain bullish on Infosys as they believe underlying metrics should continue to aid the company's growth leadership in FY22
Motilal Oswal Securities expects Infosys to be a key beneficiary of a recovery in IT spends in FY22E
The board of Aditya Birla Capital has approved an initial public offer of its asset management business, Aditya Birla Sun Life AMC
FY22 revenue growth forecast at 12-14%
Firm says had also offered pay hikes to retain talent
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IT firm reports total contract value for FY21 of $14.1 billion, an all-time high
The company board also recommended a final dividend of Rs 15 per share for FY21
Infosys Q4FY21 preview: The company board will also consider a share buyback during a meeting on April 14. Following this development, the stock had hit a 52-week high of Rs 1,480 on the BSE on Monday
If the Nifty IT index manages to sustain above 27,200 levels, the upside bias may see a rally towards 27,800-mark in the upcoming sessions
The buyback could be worth Rs 10,000 - 12000 crore (around 2 per cent of market cap) at a price of Rs 1650- 1670 per share, a media report said
Shakti Pumps (India) on Sunday said it is planning business expansion next year as the company eyes a bigger share in the Centre's PM-KUSUM scheme of solar water pumps
IT services giant is slated to hold a board meeting on April 13 and 14 to approve and take on record consolidated financial results for Q4 and for year ended March 31, 2021
The valuation of Tata Consultancy Services zoomed Rs 57,816.18 crore to reach Rs 12,28,898.85 crore
Arindam Haldar has resigned as Chief Executive Officer of Thyrocare Technologies, for personal reasons
Infosys to deliver next-generation application and business process management services to ArcelorMittal
Infosys' shares have outperformed Sensex both on YTD and one-year basis, with a gain of 12.3% and 2.2x, respectively. In comparison, Sensex is up 2.7% and 63.5% on YTD and one-year basis
Shares of Infosys on Monday gained nearly 2 per cent with its market valuation crossing over Rs 6 lakh crore mark following buying in other IT stocks.
In the past two months, Infosys has outperformed the market by surging 12 per cent, against 3 per cent decline in the Sensex