Price Crosses Moving Average
Previous Close | 15.75 |
Open | 15.79 |
Bid | 0.00 x 2900 |
Ask | 15.92 x 39400 |
Day's Range | 15.67 - 15.90 |
52 Week Range | 14.71 - 20.60 |
Volume | |
Avg. Volume | 11,032,412 |
Market Cap | 65.5B |
Beta (5Y Monthly) | 0.62 |
PE Ratio (TTM) | 22.30 |
EPS (TTM) | 0.71 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.40 (2.53%) |
Ex-Dividend Date | Oct 27, 2022 |
1y Target Est | 18.34 |
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, and the French Tennis Federation (FFT) have today revealed new innovations that will continue their partnership to transform and power the game in novel, smarter more immersive ways. The innovations, powered by cloud, AI, mixed reality, and data & analytics will take fan engagement to a whole new level while continuing to empower players, coaches, media, tournament organizers, and th
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Indian shares extended losses for the third session in a row on Wednesday, dragged by IT stocks and the lack of any fresh triggers to offset the downbeat sentiment after a lacklustre start to the earnings season. The Nifty 50 closed down 0.23% at 17.618.75, while the S&P BSE Sensex closed 0.27% lower to 59,567.80. HCLTech Ltd and Infosys Ltd lost over 2% each and were among the top Nifty losers.
Indian shares extended losses for a second session on Tuesday, dragged by financials and as sentiment soured after Tata Consultancy Services Ltd and Infosys Ltd reported weak quarterly earnings amid uncertainty over client spending. The Nifty 50 fell 0.26% to 17,660.15, while the S&P BSE Sensex closed 0.31% lower to 59,727.01. Information technology stocks, which led the correction on Monday, added 0.59%.
Fiscal 2023 results weren't too bad, but were overshadowed by the bad news for the company's outlook
Indian shares sank more than 1% on Monday after Infosys tumbled 15% and sparked a selloff in IT stocks following the country's No. 2 IT services exporter's weak results and forecast. The Nifty 50 was down 1.04% at 17,644.70 as of 10:31 a.m. IST, while the S&P BSE Sensex lost 1.20% to 59,716.18. Infosys was down 11.5% and the top drag on the Nifty 50 after it forecast revenue growth hitting a six-year low in fiscal 2024 as U.S. and European clients deferring spending.
BENGALURU (Reuters) -Shares of Infosys Ltd slumped nearly 15% on Monday, dragging peers and the benchmark index, after the company's dismal revenue outlook raised concerns about demand for Indian IT services amid a global banking turmoil and recession fears. Infosys' outlook last week followed a disappointing quarterly report from larger rival Tata Consultancy Services Ltd, highlighting worries for the sector which earns more than 25% of its revenue from the U.S. and European banking, financial, services and insurance sectors. "Some of the macro challenges, especially around banking, financial services and insurance (BFSI) has become bigger and that does mean project cancellations or delays in the deal decision cycle," said Apurva Prasad, vice president of institutional research, HDFC Securities.
Infosys' (INFY) Q4 results reflect the benefits of the strong demand for the cloud, data analytics, IoT and security products and solutions amid the ongoing digital transformation wave.
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Software services company Infosys Ltd. gapped lower Thursday in reaction to disappointing quarterly results. Let's check out the condition of the charts and indicators. In this daily bar of INFY, below, I can see that prices have been in a downward path prior to today's downside price gap.
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $18.2 billion in FY23 revenues with industry-leading growth of 15.4% in constant currency and operating margins of 21.0%. Growth was broad-based across industry verticals and geographical regions. Digital comprised 62.2% of overall revenues and grew at 25.6% in constant currency.
Infosys Ltd on Thursday forecast revenue growth would hit a six-year low this fiscal as India's No.2 IT services exporter grapples with clients clamping down or deferring spending due to growing fears of a recession in many countries. Infosys said it expects revenue to increase 4%-7%, on a constant currency basis, in the year ending March 2024, well below analysts' expectations of 10.7%. Its India-listed shares closed down 2.7% ahead of the results, weighed down by a similarly disappointing quarterly report from larger rival Tata Consultancy Services on Wednesday.
BENGALURU (Reuters) -Infosys Ltd on Thursday forecast revenue growth would hit a six-year low this fiscal as India's No.2 IT services exporter grapples with clients clamping down or deferring spending due to growing fears of a recession in many countries. Infosys said it expects revenue to increase 4%-7%, on a constant currency basis, in the year ending March 2024, well below analysts' expectations of 10.7%. Its India-listed shares closed down 2.7% ahead of the results, weighed down by a similarly disappointing quarterly report from larger rival Tata Consultancy Services on Wednesday.