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.
Thu, Jan 11, 2024
The company's revenues from operations for the third quarter of the current financial year came in at Rs 38,821 crore, down 0.4 per cent QoQ and up 1.3 per cent YoY. In constant currency (CC) terms, revenues declined 1 per cent YoY and QoQ.
Thu, Sep 22, 2022
Shares of Infosys ended 0.64% lower at 1,347.80 rupees on the BSE. During the day, Infosys share price touched a new 52-week low of Rs 1,360.05 per share on the BSE after crashing 1%
Tracking the global peers, Indian IT stocks were also weak in the early morning rade, however, recovered as the day progressed.
Thu, Sep 15, 2022
Global brokerage house Goldman Sachs downgraded Infosys fearing a sharp cut in dollar revenue growth would slow down the IT sector.
Stocks to buy today: The Indian market declined by around half per cent after firm opening on Thursday.
Wed, Sep 14, 2022
IT Sector outlook: Tracking weakness in the US market, Information Technology (IT) stocks fell the most on the benchmarks on Wednesday.
Wed, Aug 24, 2022
Information Technology (IT) sector has been facing pressure on margins amid high attrition.
Tue, Aug 23, 2022
Information Technology (IT) sector has been dragging the market on Tuesday amid reports of IT companies resorting to variable payout cut
Mon, Jul 25, 2022
Infosys Q1 results Shares of Infosys dropped around two per cent in Monday's intraday trade after IT major Infosys' net profit fell short of street's expectations of 5.5-9.5 per cent growth in the quarter ended June 2022.
Mon, Mar 21, 2022
IT stocks were in action on Monday as they gained between 1-2%, tracking Accenture's second-quarter results.
Tue, Jan 18, 2022
IT giants Tata Consultancy Services (TCS) and Infosys posted their Q3FY22 result last week.
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.
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