INFY - Infosys Limited
| Previous Close | 17.39 |
| Open | 17.45 |
| Bid | 17.57 x 900 |
| Ask | 17.58 x 900 |
| Day's Range | 17.40 - 17.61 |
| 52 Week Range | 13.88 - 18.71 |
| Volume | 2,916,030 |
| Avg. Volume | 5,759,383 |
| Market Cap | 38.193B |
| Beta | 0.19 |
| PE Ratio (TTM) | 15.95 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.40 (2.30%) |
| Ex-Dividend Date | 2017-10-31 |
| 1y Target Est | N/A |
- Investopedia•4 days ago
Infosys, Banks Build Blockchain Finance Network
In the growing trend of a wider adoption of blockchain technology around the globe, Indian IT giant Infosys Ltd. (ADR) ( INFY) is developing a blockchain-based banking system to bring in new efficiencies and enhanced security in trade finance to the banking sector. In partnership with seven Indian private banks, including ICICI Bank Ltd, Axis Bank Ltd, Kotak Mahindra Bank Ltd, Yes Bank Ltd, IndusInd Bank Ltd, RBL Bank Ltd and South Indian Bank Ltd., the Indian IT company has developed a trade network called India Trade Connect (ITC). It is aimed at increasing the transparency and automation of the various banking operations, and for better management of risks in trade and supply chain financing.
- Simply Wall St.•4 days ago
Infosys Limited (NSE:INFY): What Does The Future Look Like?
The most recent earnings release Infosys Limited’s (NSEI:INFY) announced in March 2018 indicated that the company experienced a robust tailwind, eventuating to a double-digit earnings growth of 16.17%. Investors mayRead More...
- Reuters•6 days ago
Infosys sets up blockchain-based trade finance network with seven banks
India's Infosys Ltd has formed a blockchain-based trade finance network with seven private-sector banks, to increase security and efficiency in the banking sector while also broadening its product offering. India's second-biggest software services exporter, whose Finacle software powers the core functions of the majority of Indian lenders, is in talks to sign up more domestic and foreign banks to the network, senior company executives told Reuters on Wednesday. Blockchain technology allows all stages of transactions to be securely shared between network members, as opposed to each bank working independently which is more expensive and increases the chance of error.
Reuters•6 days agoIndia's Infosys sets up blockchain-based trade finance network with seven banks
India's Infosys Ltd (INFY.NS) has formed a blockchain-based trade finance network with seven private-sector banks, to increase security and efficiency in the banking sector while also broadening its product offering. India's second-biggest software services exporter, whose Finacle software powers the core functions of the majority of Indian lenders, is in talks to sign up more domestic and foreign banks to the network, senior company executives told Reuters on Wednesday. Blockchain technology allows all stages of transactions to be securely shared between network members, as opposed to each bank working independently which is more expensive and increases the chance of error.
Market Realist•21 days agoAnalysts Expect Cognizant’s Revenue to Rise in Fiscal 2018
Previously, we learned that analysts expect Cognizant Technology Solutions’ (CTSH) revenue to rise ~10% YoY (year-over-year) in fiscal 1Q18. The company’s EPS (earnings per share) are expected to rise ~26% in the quarter.
- Market Realist•21 days ago
Analysts Expect Revenue Growth of 10% for Cognizant in 1Q18
Cognizant Technology Solutions (CTSH) is expected to announce its 1Q18 results on May 7. Analysts expect Cognizant to post revenue of $3.9 billion in 1Q18, a 10.1% YoY (year-over-year) rise from its revenue of $3.55 billion in 1Q17. Wall Street has a high revenue estimate of $3.92 billion and a low estimate of $3.88 billion for the company in the quarter, which ended in March 2018.
Associated Press•26 days agoIT company Infosys plans adding 1,000 workers at Indiana hub
INDIANAPOLIS (AP) — Information technology outsourcing company Infosys announced Thursday that it will build a campus in Indianapolis to continue an expansion in the United States that is expected to provide up to 3,000 jobs for the city in the coming years.
- American City Business Journals•26 days ago
Sorry, Raleigh: Infosys' massive training center is going to Indianapolis
Nearly a year after making one of the largest job announcements in Triangle history, Infosys has tapped Indianapolis for what it’s calling its U.S. Education Center, a place where the Indian IT firm will train the thousands of workers it’s hoping to hire in the U.S. in the coming two years.
- Bloomberg•28 days ago
Infosys Buy Calls Mount Even as TCS Enters $100 Billion Club
Tata Consultancy Services Ltd. maybe basking in the afterglow of joining the $100-billion club, but it is the company’s rival Infosys Ltd. that is a preferred buy for analysts.
- Reuters•29 days ago
India's Infosys to renew focus on digital services
Infosys Ltd (INFY.NS), India's second-biggest IT firm, plans to renew its focus on digital services as it looks to boost growth amid shrinking profit margins in its legacy business and rising competition from local and international rivals. Digital services - such as cloud, big data and analytics which accounted for more than a quarter of Infosys' revenue in year to March 2018 - are a massive opportunity, Chief Executive Salil Parekh said on Monday at the company's first analyst meeting in nearly two years. India's $154 billion (£110.5 billion) software services industry, led by Tata Consultancy Services (TCS.NS) and No. 2 Infosys, is facing a margin squeeze in its legacy business such as routine infrastructure maintenance as clients increasingly demand more work for less money.
Reuters•29 days agoIndia's Infosys to renew focus on digital services
Infosys Ltd, India's second-biggest IT firm, plans to renew its focus on digital services as it looks to boost growth amid shrinking profit margins in its legacy business and rising competition from local and international rivals. Digital services - such as cloud, big data and analytics which accounted for more than a quarter of Infosys' revenue in year to March 2018 - are a massive opportunity, Chief Executive Salil Parekh said on Monday at the company's first analyst meeting in nearly two years. "The idea is - this is a huge market, how can we be more relevant for our clients' future through this market," Parekh said.
- Quartz•last month
Why TCS is worth $100 billion, and Infosys isn’t
Tata Consultancy Services (TCS), India’s largest IT services company, is now one of the world’s 100 most valuable firms by market valuation. The market capitalisation of Mumbai-based TCS today (April 23) crossed $100 billion (Rs6,65,275 crore), making it the first Indian company in a decade to reach this milestone. In 2008, Mukesh Ambani-owned Reliance Industries…
- Insider Monkey•last month
Five Indian Stocks Hedge Funds Are Fond of
One of the key aspects of building a solid portfolio is diversification. Numerous studies have shown that including a mix of various investments within a portfolio can yield higher returns over the long run and significantly reduce risk. Through diversification, a portfolio contains securities that are not perfectly correlated. In the past, diversification involved selecting […]
- Zacks•last month
The Zacks Analyst Blog Highlights: UnitedHealth, Netflix, Caterpillar, M&T Bank and Infosys
The Zacks Analyst Blog Highlights: UnitedHealth, Netflix, Caterpillar, M&T Bank and Infosys
- Zacks•last month
Top Stock Reports for UnitedHealth, Netflix & Caterpillar
Top Stock Reports for UnitedHealth, Netflix & Caterpillar
- Simply Wall St.•last month
Is Infosys Limited (NSE:INFY) A Smart Choice For Dividend Investors?
Over the past 10 years Infosys Limited (NSEI:INFY) has returned an average of 2.00% per year from dividend payouts. The stock currently pays out a dividend yield of 2.84%, andRead More...
- Zacks•last month
Infosys (INFY) Surpasses Q4 Earnings, Revenue Estimates
Infosys (INFY) reports better-than-expected results for fourth-quarter fiscal 2018 on the back of deal wins and better execution.
Reuters•last monthSensex posts longest winning streak since late November
(Reuters) - Indian shares came off early falls on Monday and closed higher for an eighth straight session in their longest winning run since late November, buoyed by gains in HDFC twins. However, the gains ...
Motley Fool•last monthInfosys Ltd (INFY) Q4 2018 Earnings Conference Call Transcript
INFY earnings call for the period ending March 31, 2018.
Reuters•last monthInfosys forecasts healthy growth, unwinds Sikka's acquisitions
MUMBAI/BENGALURU (Reuters) - India's Infosys forecast healthy revenue growth on Friday as its new chief executive moved to put his stamp on the country's second-largest IT services firm with a new set of strategic priorities and plans to unwind deals done by his predecessor. Salil Parekh said Infosys' new strategy comprised four key pillars -- scaling up digital services, strengthening core business, enhancing the skills of employees and boosting its presence in overseas markets. "Our strategy is built on where our clients' digital journey is taking them and for us to have relevance for the future with our clients and that's really why we have the four pillars," Parekh, who was announcing company results after his first full quarter as chief executive, told reporters in Bengaluru.
- Investor's Business Daily•last month
Infosys To Report Earnings, New CEO's Strategic Vision Awaited
Infosys reports fiscal Q4 earnings early Friday, with investors expecting new CEO Salil Parekh to lay out a growth strategy for the India-based computer services giant.
- Market Realist•last month
How Fortinet’s Business Regions Performed
The American segment of Fortinet (FTNT) contributes around 43% to the company’s total revenue. Geography-wise, the American region is the IT (information technology) hub, which leads to a huge demand for security products and services.
- Market Realist•2 months ago
Infosys Maintains Stable Margin Growth
Despite an increase in the cost of sales, Infosys (INFY) has maintained a stable operating margin in the last five quarters. In the chart above, we can see the company’s operating margin trend in the last five quarters. In fiscal 3Q18, its operating margin stood at 24.3% compared to 25.1% in fiscal 3Q17. For fiscal 2017, the company’s operating margin came in at 24.7% against 25.0% in fiscal 2016.
- Market Realist•2 months ago
Infosys’s Business IT Segment Drives Its Overall Business Growth
Infosys’s (INFY) Business IT Services segment, which contributes around 62.0% of its total revenues, has maintained strong growth momentum in the past five quarters. The robust growth in Application Development, Infrastructure Management Services, Testing Services, and Business Process Management drove the overall revenues for Business IT Services in the past five quarters. Growing demand for digital services in various markets led to the Business IT Services segment’s revenue growth. During this period, it maintained an upward trend in the last five quarters and grew at a CAGR (compound annual growth rate) of 1.9%.
