Sat, Jan 27, 2024
While the spending trails North America, APAC's adoption, effectiveness, and growth are among the highest globally, according to Infosys Research.
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Mon, Jan 15, 2024
IT shares today: In Monday's trade, the Nifty IT was up over 1 per cent with Wipro rising nearly 6 per cent, Infosys up over 2 per cent, HCLTech over 3 per cent, and TCS with half a per cent gain.
Fri, Jan 12, 2024
After the results of IT giant TCS and Infosys, there is a strong rise in the entire sector.. Who is better between TCS and Infosys? TCS vs Infosys: Who is the king of IT? Know complete details in this video
Thu, Apr 15, 2021
Infosys Buyback price: The Infosys buyback offer at Rs 1750 is at a premium of 25 per cent exactly as Zee Business research had indicated. The Bengaluru-based IT company announced the buyback offer on Wednesday. It posted weaker than expected Q4 FY21 results. The prices may see a further fall creating opportunities for the investors to make fresh positions. This is what is recommended in Infosys shares
Domestic equity markets were trading in red in Thursday’s noon deals. The volatile markets were being dragged down by public sector banks and auto stocks. At 12:46 pm, the S&P BSE Sensex was trading with a fall of 231.10 points or 0.48% at 48,312.96, while the Nifty 50 index was trading 58.10 points or 0.40% lower at 14,446.7
Infosys share price today: India's second-largest information and technology company, Infosys on Thursday declined by nearly four percent at around 11:00 am amid buyback offer news.
Infosys share price today: Ashis Biswas, Head of Technical Research, CapitalVia Global Research said that he expects Infosys share price to witness volatility in the next few days, and traders are advised to take new entry around Rs 1320 – Rs 1340 (CMP 1397 as on 13-Apr-2021). The overall target as per our forecast is around Rs 1480 – Rs 1490 in the midterm, and advise a stop below Rs 1267
Wed, Apr 14, 2021
Indian Information Technology major Infosys on Wednesday reported 15.2 per cent voluntary attrition rate for the quarter ended 31 March 2021. This was higher from the 10 per cent the company witnessed during the quarter ended 31 December 2020 while marginally lower than 15.3 per cent during the corresponding period in FY20. The information was shared by Infosys in its regulatory filing
Software services company Infosys posted a 17.5% jump in quarterly net profit on Wednesday, lifted by large contract wins as the COVID-19 pandemic drove digitisation efforts in multiple sectors
Infosys, a global leader in next-generation digital services and consulting, delivered strong FY21 performance with 5% CC growth, and growth accelerating to 9.6% in Q4 – in the face of a turbulent economic environment. Large deal TCV for FY21 peaked at an all-time high of $14.1 bn with 66% being net new
nfosys Share price: Kotak Institutional Equities has forecast constant currency (CC) sequential revenue growth of 3% led by ramp of large deals and strong bookings of earlier quarters. March is a seasonally weak quarter for Infosys. Kotak has also forecast EBIT margin decline of 115 bps sequentially largely on the back of wage revision and lower utilization rates. December 2020 quarter utilization rate (excluding trainees) of 86% is unsustainable in our view and will decline. Infosys share price Rs 1403, Rs 23 or 1.6%
Tue, Apr 13, 2021
Ashis Biswas, Head of Technical Research, CapitalVia Global Research says that technically, with the breakout above Rs 1400 level on Infosys, the stock is set to gain momentum. Research suggests the stock is set to maintain its medium-term uptrend going forward. Ashish said the stock should be bought with stop-loss of Rs 1304 and target of Rs 1710
Mon, Apr 12, 2021
TCS Shares – TCS shares were trading at Rs 3274. 95 on the NSE around this time, going down by almost Rs 47 or 1.4 per cent from the previous closing price of Friday. Analyst Nilesh Jain says that the results are expected to be good and as per the market expectations. TCS stock has had a good run and the price movements with respect to the earnings results have already been discounted
Q4 FY21 result season will begin with TCS, the leader in the IT sector, declaring its results today. Infosys and Wipro will follow TCS later this week. TCS will set the tone for the IT sector. Many Analysts believe there could be defensive buying in the IT Sector if the market sees sharp fall due to Covid concerns resurfacing. Work from Home culture is increasingly going to benefit the IT sector, says analysts
Tue, Apr 06, 2021
Top Stocks to Buy - Infosys, Dr Lal Pathlabs, JSW Steel and Ramco Cement were among the top trending stocks on the BSE today. The stocks achieved their 52-week highs on Tuesday. Technical Analyst Nilesh Jain Assistant Vice President (AVP), Equity Research Technical and Derivatives at Centrum Broking gives an insight on what lies ahead for these stocks and recommends what to do with them
Sharekhan says that after surprising the street with the robust sequential performance in Q3, Indian IT companies are expected to continue their strong sequential revenue growth momentum in a seasonally weak March quarter. Strong demand tailwinds, ramp-up of deal wins, anticipated broad-based growth across key verticals (including BFSI and retail), and gradual recovery in troubled verticals will contribute to a healthy organic revenue growth for Top IT Companies
Fri, Mar 19, 2021
Accenture's Q2 FY21 revenues grew 5% YoY, ahead of its guidance. Demand environment remains strong with the company's new bookings growing 13% YoY to US $16 bn - their highest ever. Management expects demand to remain strong led by accelerated digital transformation and as a result has raised its revenue growth guidance by 250 bps to 6.5-8.5%.
Tue, Mar 09, 2021
HDFC Securities hosted their 5th ‘Tech’ Investor forum with 20 corporates/experts participating in the event (virtual). HDFC Securities expect the IT sector revenue to grow at 14.4/10.8% (in USD terms) for FY22/23E with mid-tier IT growth to come in at 15.1/12.5%. HDFC Securities expects a margin expansion of 55ps over FY21-23E (10/45 bps expansion in FY22/23E.
Thu, Mar 04, 2021
Sharekhan recently interacted with Infosys’ management to understand the demand environment, traction for its Cloud offering, pricing strategies for digital offering, deal pipeline, and margin outlook. Sharekhan retains Buy rating on Infosys with a price target to Rs 1650.
Mon, Feb 22, 2021
Kotak Institutional Equities hosted 10 IT services companies in their 2021 edition of the Chasing Growth conference. Not surprising to note that companies exhibited confidence on growth, have a fairly healthy deal pipeline and are optimistic on the digital transformation opportunity led by public cloud adoption.
Wed, Feb 10, 2021
Nomura says MSCI rebalancing which will happen on 26th Feb Friday will see $494 mn buying in Bharti Airtel, $59.5 mn buying in Indus Towers, $45.8 mn buying in HDFC Life and $16.7 mn in ICICI Lombard General Insurance. There will be some selling in Reliance Industries, Infosys, HDFC and ICICI Bank. India's weight will go up by 5.61 bps according to MSCI.
Tue, Feb 09, 2021
Stock Market Today: Following the US Wall Street positive sentiments, the Indian indices opened in the green zone in the opening bell trade session today.
Sat, Jan 16, 2021
IntelliSmart Infrastructure Private Limited (IntelliSmart) -- a joint venture of Energy Efficiency Services Ltd (EESL) and National Investment & Infrastructure Fund (NIIF) -- has committed to developing a digital platform for value-added services, according to a statement.
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