|Day's Range||14.69 - 14.95|
|52 Week Range||13.42 - 18.48|
|PE Ratio (TTM)||15.87|
|Dividend & Yield||0.46 (3.07%)|
|1y Target Est||N/A|
Infosys Ltd, India's second-biggest software services exporter, is re-evaluating its long-term targets because tougher market conditions have made them appear "daunting", the company's chairman said on Saturday. Infosys Chief Executive Officer Vishal Sikka had said earlier that the IT services company was likely to struggle to reach its ambitious $20 billion revenue target by 2020 due to a challenging market environment. "The 2020 goals certainly appear daunting in the timeframe in which these goals have been talked about because of the kind of headwinds and the shift in marketplace that we have seen," company chairman R. Seshasayee told his last annual meeting before his planned retirement in May next year.
Indian outsourcing giant Infosys agreed to pay $1 million to settle claims that it placed foreign workers in jobs in New York without obtaining proper visas or paying high enough wages or taxes for their ...
An internal investigation by India's Infosys (INFY.NS) into alleged improprieties related to two acquisitions by the IT services company found no evidence of wrongdoing, it said on Friday. The findings, released in a statement a day before the company's annual shareholder meeting, may quell some of the investor disquiet that has buffeted Infosys in recent months. Infosys commissioned law firm Gibson Dunn and consultancy Control Risks to look into allegations that a whistleblower made against the company in February.