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
Sat, Dec 05, 2020
Rishi Sunak and his wife Akshata Murthy, the daughter of Infosys co-founder NR Narayan Murthy, and the Chancellor of the Exchequer in Britain, has found himself embroiled in a bit of a controversy.
Thu, Nov 12, 2020
Infosys believes that there is scope for margin expansion despite continued need for investment in automation and Digital capability. They still see scope in offshore mix, automation, subcon etc to drive margin improvement. Infosys expect this to drive massive market opportunity in the migration and maintenance space.
The mutual positive ideas emerging from our technical and fundamental analysis are ICICI Bank, Axis Bank, HDFC Bank, Dr Reddy’s, Infosys and HCL Tech. Our fundamental view argues for a rotation into Covid-impacted sectors as economic normalisation gathers pace through 2021 and CLSA see laggards from domestic economy sectors such as banking as the chief beneficiaries of such a move.
Wed, Nov 11, 2020
Infosys CEO Salil Parekh on Wednesday said the company is "well positioned" to continue with its growth and margin trajectory in the quarters ahead on the back of its focus on digital, large deals, expansion of existing accounts and attention to new clients.
Prabhudas Lilladher believes that current uncertainty is a passing phase and return to normalcy will result in several beaten down segments bouncing back strongly from FY22. They continue to favor companies with strong balance sheet and sustainable business moats in the long term. From Large Cap they picked Hindustan Unilever, ICICI Bank, Infosys, Ultratech Cement and Dr. Reddy’s Labs.
Tue, Nov 10, 2020
Diwali 2020 festive season is in full swing and stock markets in India too are participating whole-heartedly as is evident from skyrocketing Sensex, Nifty and other indices. Big brokerage CLSA has done some research and it has identified a number of stocks that it is bullish on or wants investors to watch carefully. So, from HCL Tech, Infosys, Tech Mahindra, Ashok Leyland and Hindalco, here is a list:
The top 5 I.T. services companies (except Wipro) reported 110-410bps QoQ EBIT margin expansion in Q2 FY21; Wipro was stable. While this was expected with normalisation of supply-side constraints that affected Q1 FY21, the beat was strong across players.
Fri, Nov 06, 2020
HDFC Securities has good news for I.T. Sector. It maintains a constructive view on the I.T. sector and the preferred stock picks from Tier-1 include HCL Tech and Infosys and mid tier companies include Mphasis and Persistent systems
Thu, Nov 05, 2020
Benchmark Nifty has rebounded sharply after hitting the levels of 7510 in the month of March 2020. The index is in the third leg of a major corrective pattern. It is correcting after hitting the crucial and psychological mark of 12000. Until the market is above the level of 10800 (previous significant bottom), Nifty would keep rallying. Below 10800 levels Nifty would lose its momentum and may even fall to 10300 levels. On the decisive crossing of 12400 levels would lift the Nifty to 13300 levels.
Thu, Oct 15, 2020
The Second largest Indian IT company posted a better than expected results with an year-on-year (YoY) 8.6 per cent rise in its revenues at Rs 24,570 cr. The quarter-on-quarter (QoQ) revenues went up by 3.8 per cent. In constant currency terms, the revenues were up by 4 per cent sequentially. But do you know where the bulk of the revenues came from and how much does it get from the Indian operations?
Infosys Dividend Alert: Infosys Ltd will pay dividend of Rs 12 per equity share to its shareholders and has fixed 26 October 2020 as the record date for interim dividend while 11 November as the payment date. On the back of cost optimisation this interim dividend payout is a 50 per cent on year increase
Strong Infosys Q2 results underline its deep client relationships, high quality execution and recovering competitiveness that should drive quality earnings growth.
Wed, Oct 14, 2020
Infosys management says increase in revenue and margin outlook for FY 21 is due to the continued trust clients have in the company.
“Employees have been critical part of our success. As a recognition of their stellar performance, we are giving 100% variable pay along with a special incentive for Q2."
What do you think of upcoming Infosys Q2 results 2020?
Tue, Oct 13, 2020
On Tuesday, Infosys stocks were up by over 2.4 per cent on NSE at Rs 1160.55 around 2:50 pm. In the process, it surpassed its 52-week high of Rs 1156 hitting another life time high of 1166. It attained 52-week low of Rs 509.25 on 19 March 2020.. This stock has seen a strong rally over the 4-5 trading sessions
IT services major Infosys on Monday said it has completed the acquisition of US-based product design and development firm Kaleidoscope Innovation
Sun, Oct 11, 2020
Speaking at the annual Invest India Conference, Nilekani said Canada is an important country for Infosys and the IT major has centres in three cities ? Toronto, Calgary and Vancouver ? with over 2,000 employees in that country.
Fri, Oct 09, 2020
CLSA says Indian I.T. companies are expected to come out with strong results after TCS reported strong numbers and the management commentary was equally positive
Mon, Sep 21, 2020
Company CEOs should get remuneration that is a fair multiple of lowest paid employee of that firm, believes Infosys founder Narayana Murthy. Speaking at the 47th National Management Convention (NMC) of All India Management Association (AIMA), Murthy said that if the lowest paid employee’s remuneration was Rs 2-3 lakh a year, the CEO remuneration should be Rs 70-80 lakhs.
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