|Bid||10.12 x 34100|
|Ask||11.25 x 29200|
|Day's Range||10.47 - 10.65|
|52 Week Range||8.85 - 11.38|
|Beta (3Y Monthly)||0.79|
|PE Ratio (TTM)||0.30|
|Forward Dividend & Yield||0.25 (2.34%)|
|1y Target Est||10.79|
BENGALURU, India , June 13, 2019 /CNW/ -- Infosys Knowledge Institute (IKI), a research arm of Infosys, today unveiled a global research on cloud adoption in enterprises. The research titled, 'Navigate Your Digital Transformation with Cloud' reveals how enterprises are adopting cloud programs and identifying current and future cloud initiatives, both from strategic and implementation perspectives. For this research Infosys surveyed 876 executives representing both technology and business functions from organizations with over USD 1 billion in revenues across US, Europe , Australia and New Zealand (ANZ).
Asian Markets Turn Bearish as China Says It's Not Afraid to Fight(Continued from Prior Part)Indian indexesAfter rising yesterday, both the key Indian indexes fell today. The S&P BSE Sensex retreated by 0.48% to end the day at 39,756.81. The
HELSINKI, June 12, 2019 /PRNewswire/ -- Infosys (INFY), a global leader in next-generation digital services and consulting, has been selected by Finnish postal service Posti as a strategic partner for the digital transformation of its business and IT services. Through this engagement, Infosys will drive the modernisation of Posti's IT applications and infrastructure, helping it move to a flexible IT service model. This will also strengthen Posti's ability to respond to changes in customer needs with agility and provide a seamless customer user experience through a dedicated command centre.
LONDON, June 10, 2019 /PRNewswire/ -- Infosys (INFY), a global leader in next-generation digital services and consulting, today opened its Experience Design & Innovation Studio in Shoreditch, London which will provide a state-of-the-art space for Infosys and its clients to ideate, collaborate and innovate together by combining design and the latest technology offerings, including AI, AR/VR, IoT and 5G. The launch event was attended by more than 200 people including Graham Stuart, Minister for Investment, Crispin Simon, Her Majesty's Trade Commissioner for South Asia, Antony Walker, Deputy CEO, techUK, Professor Ed Byrne, President & Principal, King's College London, clients, partners, design schools, local start-ups and students.
The combination of Infosys' (INFY) experience design and expertise with Microsoft's Azure services and IoT enabled devices will evoke a solid set of smart buildings and spaces solutions.
EdgeVerve Systems, a subsidiary of Infosys (INFY), announces a partnership with JAGGAER, the world’s largest independent spend management company. EdgeVerve will be developing innovative software products for JAGGAER customers in multiple industries including manufacturing, retail, logistics and higher education. The solutions will be delivered to JAGGAER customers through the JAGGAER ONE spend management solution suite.
REDMOND, Washington and BENGALURU, India, June 6, 2019 /PRNewswire/ -- Infosys (INFY), a global leader in next-generation digital services and consulting, today announced a collaboration with Microsoft to deliver smart buildings and spaces (SB&S) solutions for the architecture, engineering, construction, facilities management and real estate development markets. Leveraging the latest digital technologies, the solutions aim to improve the entire lifecycle of building construction and operations, and the user experiences of those that manage and work in buildings. The collaboration will benefit from Microsoft Azure services, and sensor enabled devices along with Infosys' global network of innovation hubs, experience design and expertise in building connected ecosystems to develop SB&S solutions that will improve energy efficiencies, optimize space utilization, enable higher people productivity and deliver differentiated user experiences.
BANGALORE, India , June 6, 2019 /PRNewswire/ -- JAGGAER, the world's largest independent spend management company, today announced a partnership with EdgeVerve Systems, a subsidiary of Infosys (NYSE: ...
Rating Action: Moody's assigns definitive ratings to Notes issued by Domi 2019-1 B.V. The Notes are backed by a static pool of Dutch buy-to-let ("BTL") mortgage loans originated by Domivest B.V.. This represents the first issuance of this originator.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Infosys Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
BENGALURU, India, May 16, 2019 /PRNewswire/ -- Infosys (INFY), a global leader in next-generation digital services and consulting, today announced that its board of directors has approved the Infosys Expanded Stock Ownership Program 2019 that links long term employee incentives with shareholder value creation. Subject to shareholder approval, this unique plan proposes to allocate 50 mn shares (or 5 crore shares) equating 1.15% of the company's equity shares to a broad base of employees, which will vest on challenging performance criteria.
The Trump administration has announced it is reforming the visa lottery process and planning to hike the application fee. Here's why the temporary worker visa is such a hotly debated topic.
Infosys (NYSE:INFY) announced its fourth-quarter results in mid-April. It was the digital services and consulting company's second consecutive quarter of double-digit growth, showing that the transformation it started a year ago is gaining traction and providing a positive catalyst for INFY stock. Source: Shutterstock The Transformation AgendaIn April 2018, CEO Salil Parekh laid out a three-year transformation plan that entails Infosys transforming itself in three deliberate stages. In the first year, the company was supposed to stabilize the business and invest in its growth. In the second year, INFY was supposed to gain momentum from all the hard work in the first year, and in the final year of the transformation, it planned to grab growth by the throat and take market share from its competition. * 7 Strong Buy Stocks That Tick All the Boxes "What I plan to drive going forward is to build Infosys for the next ten years and that is what is coming out nicely," Parekh told the Times of India in an article published on May 3. "We are building a huge reskilling programme for our employees, we are building localization in many different geographies, we are scaling up recruitment in India, we are revitalizing our centers, everything is being changed to agile (methodologies)."InvestorPlace - Stock Market News, Stock Advice & Trading TipsCEOs focus on providing clients with solutions for the long-run, not just the next 6-12 months. They could not care less about Infosys' margins. That is why Parekh is interested in building a business that's relevant to its customers. If he does that, higher margins will follow. Digital Drives INFY Stock HigherCan Infosys stock get to $20 in 2019? I doubt it. However, I do believe that it could reach that level by the end of 2020 if it continues to expand its digital portfolio. One area that could continue to drive digital revenues for the company is Finacle, the company's digital banking solution, which helps financial -services companies provide seamless digital banking services to their customers. Recently named a leading corporate banking solution provider by IDC Marketscape, Finacle provides a digital banking platform to Goldman Sachs' (NYSE:GS) Marcus digital bank. With fintech continuing to be an essential part of financial services innovation and growth, Finacle could meaningfully boost Infosys' results and Infosys stock. Actual Results in 2019In, Q4, Infosys' revenue rose 11.7% year-over-year.For the entire year, its top line grew by 7.9% year over year in U.S. dollars. In 2020, based on the midpoint of its guidance, it expects its revenue to grow by 8.5%. Given the momentum it gained over the last two quarters of 2019, I would say that's a very conservative estimate.In Q4, the sales of INFY's digital portfolio surged 41.1% year-over-year and 9.7% sequentially; digital sales accounted for 33.8% of Infosys' revenue in Q4. "We have completed the first year of our transformation journey with strong results on multiple dimensions including revenue growth, performance of our digital portfolio, large deal wins, and client metrics," Parekh stated, according to the company's Q4 press release. "This is a reflection of our increased client relevance stemming from our focus on digital, positioning, and long-standing client relationships," the CEO added. Infosys' operating margins reached a ten-year peak of over 30% between 2010 and 2013. Since then they've fallen into the low 20s. In 2020, the company expects its operating margin to be 22% at the midpoint of its guidance, well below its fiscal 2010 margin of 30.4%. However, as I stated previously, INFY is building a foundation for profitable growth. In year two of its transformation, investors can expect its sales to continue to grow more quickly than normal with lower margins than it typically generates. It's possible the same thing could happen in year three of its transformation. However, in year four and beyond, its margins should expand. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Strong Buy Stocks That Tick All the Boxes * 7 Stocks to Buy From the T. Rowe Price Health Sciences Fund * 5 Tech ETFs to Plug In to Big Profits Compare Brokers The post Could Fintech Lift Infosys Stock to $20? appeared first on InvestorPlace.
India is the world's largest democracy and its economy has been growing rapidly over the past few decades. As a country, it also holds the second largest native population behind China. Not surprisingly, India has produced a number of billionaire businessmen and women.