INFY - Infosys Limited
| Previous Close | 9.34 |
| Open | 9.37 |
| Bid | 9.38 x 2900 |
| Ask | 9.39 x 3000 |
| Day's Range | 9.37 - 9.43 |
| 52 Week Range | 7.16 - 10.65 |
| Volume | 1,471,448 |
| Avg. Volume | 10,126,341 |
| Market Cap | 38.409B |
| Beta (3Y Monthly) | 0.78 |
| PE Ratio (TTM) | 16.65 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.33 (3.52%) |
| Ex-Dividend Date | 2018-10-25 |
| 1y Target Est | N/A |
- Bloomberg•7 days ago
Infosys Is Boring Again, and That's a Good Thing: Chairman
Chairman Nandan Nilekani, speaking on the sidelines of Bloomberg’s New Economy Forum in Singapore, said that the turnaround is complete. In the latest quarter, Infosys booked more than $2 billion in deals and net income topped projections.
- Market Realist•18 days ago
Here’s What Apple Is Getting from Dialog
Apple (AAPL) recently landed a wide-ranging deal with British chip designer Dialog Semiconductor (DLGNF). Apple has used Dialog power chips in iPhones since it introduced the product more than a decade ago. Let’s see what the Apple-Dialog deal includes.
- Market Realist•21 days ago
Behind Verizon’s Push for a Lightweight Structure
Verizon (VZ) is also in the process of transferring thousands of its employees to India-based outsourcing company Infosys (INFY). The transfer is part of a $700 million outsourcing deal that Verizon signed recently with the Indian company. Put together, the early retirement program and the transfer to Infosys could see Verizon cut its global workforce at the end of June 2019 by about a third, potentially opening an opportunity for the company to save millions of dollars in payroll expenses.
- Investopedia•21 days ago
The H-1B Visa Issue Explained
President Donald Trump's views on illegal immigration have been widely circulated and commented upon, and the Muslim ban led to protests. But it's his position on highly skilled foreigners working in the U.S. that has a few companies and their investors concerned. The Trump administration has been gradually updating policies to align them with the Presidential Executive Order on Buy American and Hire American. Earlier this year, the United States Citizenship and Immigration Services (USCIS), a component of the Department of Homeland Security, announced tighter restrictions for third-party consulting firms, which are some of the visa program's biggest users. "Based on the agency’s experience in administering the H-1B program, USCIS recognizes that significant employer violations—such as paying less than the required wage, benching employees (not paying workers the required wage while they wait for projects or work) and having employees perform non-specialty occupation jobs—may be more likely to occur when petitioners place employees at third-party worksites," said the memorandum.
- The Wall Street Journal•22 days ago
[$$] Cyber Daily: Organized Hacker Groups Target Tech Outsourcers
Companies are reviewing basic security protocols following a Department of Homeland Security warning this month about active threats targeting managed service providers, which many businesses use to outsource services such as cloud functions and website management. Large firms in a range of sectors rely on managed service providers to carry out security and technology operations, generally at a lower cost than if they assigned those tasks to in-house staff. Because managed service providers may process and store their customers’ data, they’ve recently become the focus of nation-state hackers who attempt to move within these companies’ networks to gain access to their multinational clients.
- Motley Fool•24 days ago
3 Great Stocks Under $10
Find out more about how these stocks could get into double digits.
Motley Fool•27 days agoInfosys Ltd (INFY) Q2 2019 Earnings Conference Call Transcript
INFY earnings call for the period ending September 30, 2018.
- Reuters•27 days ago
Nifty, Sensex fall more than 1 percent amid liquidity concerns
(Reuters) - Indian shares ended more than one percent lower on Wednesday, dragged by financial stocks such as Indiabulls Housing Finance Ltd and Yes Bank Ltd amid liquidity concerns. The benchmark BSE ...
Bloomberg•27 days agoInfosys Shares Gain as Sales Rise at Fastest Pace in Two Years
Asia’s second-largest exporter of software services reported net income of 41.1 billion rupees ($558 million) in the September quarter. Revenue climbed 17.3 percent to 206.1 billion rupees, its fastest pace since the three months ended March 2016, while operating profit margin was unchanged from the preceding quarter. Chief Executive Officer Salil Parekh has focused on stabilizing the company after a tumultuous 2017, when public wrangles between its board and co-founders culminated in the dramatic exit of the well-regarded Vishal Sikka.
- Bloomberg•27 days ago
Infosys Advances on Second-Quarter Earnings Beat
(Bloomberg) -- Infosys Ltd., Asia’s second-largest exporter of software services, posted a higher-than-estimated increase in net income as investments in its high-margin digital services and automation paid off. The stock climbed as much as 3.8 percent.
- Bloomberg•27 days ago
Infosys Advances on Second-Quarter Earnings Beat
(Bloomberg) -- Infosys Ltd., Asia’s second-largest exporter of software services, posted a higher-than-estimated increase in net income as investments in its high-margin digital services and automation paid off. The stock climbed as much as 3.8 percent.
- Moody's•27 days ago
HT Global IT Solutions Holdings Limited -- Moody's: High shareholder returns impede some IT services issuers' ability to respond to business demands
Moody's Investors Service says that the global IT services industry is set to grow strongly over the next 18-24 months. "However, high levels of cash outflows to shareholders are reducing the ability of Indian IT services companies to respond to business demands, including the acquisition of new technology, as well as research and development to meet fast-evolving customer needs," says Saranga Ranasinghe, a Moody's Assistant Vice President and Analyst. While Tata Consultancy Services Limited (TCS, A3 stable) and Infosys Limited (A3 stable) constitute two of the five companies, both show large cash balances of around $6.6 billion and $4.8 billion respectively, and are largely debt free.
Reuters•28 days agoInfosys sticks to revenue growth guidance as quarterly profit rises
MUMBAI/BENGALURU (Reuters) - Infosys Ltd retained its revenue forecast for the current financial year, with the chief of India's second largest IT firm saying the demand for its services remained strong. Infosys was beginning to make progress on a three-year roadmap, Chief Executive Salil Parekh told a news conference on Tuesday, after the company posted quarterly net profit that exceeded estimates. Parekh has set out a three-year plan for Infosys - the first year in fiscal 2019 to stabilise, the second year to start to build momentum and the third year to start to accelerate.
- Reuters•28 days ago
Infosys sticks to revenue growth guidance as quarterly profit rises
MUMBAI/BENGALURU, Oct 16 (Reuters) - Infosys Ltd retained its revenue forecast for the current financial year, with the chief of India's second largest IT firm saying the demand for its services remained strong. Infosys was beginning to make progress on a three-year roadmap, Chief Executive Salil Parekh told a news conference on Tuesday, after the company posted quarterly net profit that exceeded estimates. Parekh has set out a three-year plan for Infosys - the first year in fiscal 2019 to stabilise, the second year to start to build momentum and the third year to start to accelerate.
- Zacks•28 days ago
Infosys (INFY) Q2 Earnings Match Estimates, Revenues Top
Infosys' (INFY) second-quarter fiscal 2019 results benefit from growth across geographies and business segments.
- Associated Press•28 days ago
Infosys: Fiscal 2Q Earnings Snapshot
The Bangalore, India-based company said it had net income of 13 cents per share. The results met Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was ...
- Reuters•28 days ago
Nifty, Sensex clock highest closing in nearly two weeks
(Reuters) - Indian shares rose for the third consecutive session on Tuesday on positive global cues, amid the corporate earnings season bringing some cheer. The benchmark BSE Sensex closed up 0.85 percent ...
- Benzinga•29 days ago
Infosys Q2 Earnings Preview
Infosys (NYSE: INFY ) releases its next round of earnings Tuesday, Oct. 16. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report. Earnings and Revenue Analysts expect ...
- GuruFocus.com•last month
Seafarer Capital Partners, LLC Buys Alibaba Group Holding, Sells Infosys, Bank Bradesco SA, ...
Investment company Seafarer Capital Partners, LLC buys Alibaba Group Holding, sells Infosys, Bank Bradesco SA, Taiwan Semiconductor Manufacturing Co during the 3-months ended 2018-09-30, according to the ...
- Zacks•last month
Infosys to Report (INFY) Q2 Earnings: What's in the Cards?
Infosys (INFY) fiscal second-quarter 2019 results are likely to be driven by significant client wins. However, weakness in financial segment remains a concern.
- The Wall Street Journal•last month
[$$] Verizon Changes Exit Package for Workers It Planned to Outsource
Verizon Communications Inc. on Thursday changed the exit package offered to about 1,000 of its U.S. workers who were set to move to outsourcing giant Infosys Ltd. After telling those information-technology workers in late September that they weren’t eligible for severance, the wireless carrier is now giving them the option of taking the exit package or moving to Infosys with a guarantee of comparable pay and benefits for two years. A spokesman for Verizon said the offer reflected the carrier’s final agreement with Infosys.
- The Wall Street Journal•last month
[$$] Verizon’s Severance Offer Goes to About 44,000 Employees
Verizon Communications Inc.’s offer of voluntary severance packages last month was made to roughly 44,000 employees, or more than a quarter of the carrier’s workforce. A spokesman for the company confirmed the scope of the offer, which was previously reported by The Wall Street Journal. Verizon’s efforts to trim its workforce come as the largest U.S. wireless carrier by subscribers seeks to cut $10 billion in costs and upgrade to a faster, 5G network.
- Bloomberg•27 days ago
Breaking Down Infosys' Earnings
Oct.17 -- Girish Pai, head of research and IT services analyst at Nirmal Bang Institutional Equities, discusses Infosys' second quarter earnings on "Bloomberg Markets: Asia."
- CNBC Videos•27 days ago
This researcher sees Infosys at 800 rupees per share
Ashish Chopra of Motilal Oswal Securities discusses some of the "noteworthy points" about Infosys' performance in the recent quarter.
