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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.
Fri, Aug 18, 2017
Attacking Murthy, Infosys said that Murthy has demanded that the Board adopt certain changes in policy, else he will attack board members in the public, which threat was carried out when the Board did not acquiesce.
Infosys has accepted the resignation of Dr Vishal Sikka as the Managing Director and Chief Executive Officer with immediate effect.
At 0921 hours, Sensex was trading at 31,564.52 down 230.94 points or 0.73%, while Nifty 50 was trading at 9,841.55 below 63 points or 0.63%.
Vishal Sikka, MD and CEO, Infosys has resigned from his position in the company.
Thu, Aug 17, 2017
The 31-scrip index was trading at 31,837.21 up 67 points or 0.21%, while the 51-scrip index surged by nearly 28 points or 0.28% trading at 9,924.80.
Thu, Jul 13, 2017
In the last quarter, or Q4FY17, Infosys' consolidated net profit grew by 0.2% to Rs 3,603 crore as compared to Rs 3,597 crore in Q4FY16.
Thu, Apr 13, 2017
Infosys attrition rate increased year-on-year (YoY) as a total of 37,915 people left the company in FY17 as compared to the year before. Consolidated attrition rate from the company was at 19.2% for the year ended March 2017 as against 18.7% for the year ended March 2016.
Mon, Apr 03, 2017
Infosys, in a statement issued today, said it views Murthy's statement as "important feedback" and will continue to work with all stakeholders to ensure long-term interest of the company.
Infosys co-founder and now retired NR Narayana Murthy has once again voiced his displeasured over salaries being paid to top management of the IT major.
Fri, Feb 10, 2017
India's information technology giant Infosys Ltd has denied any lapses in corporate governance. Although the company accepted that there are difference between the board and its founders.
Fri, Jan 13, 2017
The total income rises 8.3% to Rs 18,093 crore
Mon, Jan 02, 2017
The company made the announcement on Sunday.
Fri, Oct 14, 2016
Infosys shares slumped 2.57 percent on the Bombay Stock Exchange in morning trade as a sluggish global economy hits India`s outsourcing industry hard with companies inclined to think twice before rushing to sign contracts.
Expects FY17 revenue to rise 8%-9% in constant currency terms versus 10.5%-12% earlier outlook
Tue, Aug 30, 2016
After reporting disappointing result, the company had reduced its currency guidance for the current fiscal.
Wed, Jul 20, 2016
After Infosys, Wipro on Tuesday registered disappointing result for the quarter ended on June 30.
Tue, Jul 19, 2016
In Q2, and beyond, we must accelerate our work in all the key strategic aspects of our work, Sikka said.
Sat, Jul 16, 2016
Infosys Ltd, on Friday announced their first quarter results which missed analyst expectations.
Fri, Jul 15, 2016
Vishal Sikka, CEO, Infosys introduced many schemes over the past two years aimed at bringing down attrition rates at the IT major. However, none seem to be working.
Infosys has now cut its revenue guidance to 10.5% to 12%.
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!["I am disappointed," Sikka says in his letter to Infosys employees](http://50342.g72ip.group/sites/default/files/styles/zeebiz_160x90/public/2016/07/19/4438-vishal-sikka-ians.JPG?itok=CI4CzsrN&c=9d03deb492c86f4697c1389706ebc863 ""I am disappointed," Sikka says in his letter to Infosys employees")
