INFY - Infosys Limited
| Previous Close | 9.01 |
| Open | 9.10 |
| Bid | 9.03 x 40700 |
| Ask | 9.04 x 38500 |
| Day's Range | 8.95 - 9.20 |
| 52 Week Range | 8.85 - 12.08 |
| Volume | 19,868,543 |
| Avg. Volume | 13,836,949 |
| Market Cap | 37.305B |
| Beta (3Y Monthly) | 0.77 |
| PE Ratio (TTM) | 17.70 |
| EPS (TTM) | 0.51 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.23 (2.51%) |
| Ex-Dividend Date | 2019-10-22 |
| 1y Target Est | 11.14 |
- Business Wire
Glancy Prongay & Murray LLP Continues Its Investigation Behalf of Infosys Limited Investors
Glancy Prongay & Murray LLP continues its investigation on behalf of Infosys Limited investors concerning the Company and its officers’ possible violations of federal securities laws.
- Newsfile
INFOSYS INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $150,000 Investing In Infosys Limited To Contact The Firm
New York, New York--(Newsfile Corp. - October 23, 2019) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Infosys Limited ("Infosys" or the "Company") (NYSE: INFY).Faruqi & Faruqi Logo If you invested in Infosys stock or options and would like to discuss your legal rights, click here: www.faruqilaw.com/INFY. There is no cost or obligation to you.You can also contact us by calling Richard Gonnello toll free ...
- Business Wire
IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Infosys Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Infosys Limited (“Infosys” or “the Company”) (NYSE: INFY) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between July 7, 2018 and October 20, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before December 23, 2019. We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge.
- Business Wire
INVESTOR ALERT: Law Offices of Howard G. Smith Continues Its Investigation on Behalf of Infosys Limited Investors
Law Offices of Howard G. Smith continues its investigation on behalf of Infosys Limited investors concerning the Company and its officers’ possible violations of federal securities laws.
- Business Wire
EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit Against Infosys Limited – INFY
Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Infosys Limited (INFY) from July 7, 2018 and October 20, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Infosys investors under the federal securities laws. To join the Infosys class action, go to http://www.rosenlegal.com/cases-register-1700.html or call Phillip Kim, Esq.
- Market Exclusive
Market Morning: Amazon Gin, Infosys Smashed, SoftBank Buys WeWork, Brexit Bill Constipated
Amazon Does Booze Amazon (NASDAQ:AMZN) has started distilling its own gin. It’s called Tovess. You can get it for $32 on…well, Amazon, but it’ll only be delivered to you if you can prove your age. It’s made in Birmingham, in the United Kingdom. According to Amazon, it’s both a summer drink and it’s also for […]The post Market Morning: Amazon Gin, Infosys Smashed, SoftBank Buys WeWork, Brexit Bill Constipated appeared first on Market Exclusive.
- Newsfile
INFOSYS SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $150,000 Investing In Infosys Limited To Contact The Firm
New York, New York--(Newsfile Corp. - October 23, 2019) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Infosys Limited ("Infosys" or the "Company") (NYSE:INFY).Faruqi & Faruqi LogoIf you invested in Infosys stock or options and would like to discuss your legal rights, click here: www.faruqilaw.com/INFY. There is no cost or obligation to you.You can also contact us by calling Richard Gonnello toll free at ...
- ACCESSWIRE
SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Infosys Limited and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / October 23, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Infosys Limited ("Infosys" or "the Company") (NYSE:INFY) for violations of the securities laws. The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Infosys Limited ("Infosys" or "the Company") (NYSE:INFY) for violations of the securities laws.
- PR Newswire
Infosys (INFY) Alert: Johnson Fistel Launches Investigation into Infosys Limited; Investors Encouraged to Contact Firm
SAN DIEGO , Oct. 22, 2019 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against Infosys Limited ("Infosys") (NYSE: INFY) on behalf of investors. ...
- Business Wire
INFY LOSSES ALERT: Bernstein Liebhard LLP Announces an Investigation of Infosys Limited
Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of Infosys Limited (“Infosys” or the “Company”) (INFY) resulting from allegations that Infosys might have issued misleading information to the investing public. If you purchased Infosys securities, and/or would like to discuss your legal rights and options please visit Infosys Shareholder Investigation or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com. On October 21, 2019, the Company announced that it received whistleblower complaints alleging “unethical practices” by Infosys’ executives to substantially boost short-term revenue.
- GlobeNewswire
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Infosys Limited - INFY
Pomerantz LLP is investigating claims on behalf of investors of Infosys Limited (“Infosys” or the “Company”) (INFY). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. On this news, Infosys’s stock price fell $1.28 per share, or 12.11%, to close at $9.29 per share on October 21, 2019.
- Newsfile
IMPORTANT INFOSYS INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $150,000 Investing In Infosys Limited To Contact The Firm
New York, New York--(Newsfile Corp. - October 22, 2019) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Infosys Limited (NYSE: INFY) ("Infosys" or the "Company").Faruqi & Faruqi logoIf you invested in Infosys stock or options and would like to discuss your legal rights, click here: www.faruqilaw.com/INFY. There is no cost or obligation to you.You can also contact us by calling Richard Gonnello toll free ...
CNW GroupOver 50% Enterprises Believe 5G Will Help Customer Acquisition and Generate New Revenue Streams: Infosys Research
Over 50% Enterprises Believe 5G Will Help Customer Acquisition and Generate New Revenue Streams: Infosys Research
- ACCESSWIRE
IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Infosys Limited and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / October 22, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Infosys Limited ("Infosys" or "the Company") (NYSE:INFY) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Infosys disclosed on October 21, 2019, that it has received whistleblower complaints of "unethical practices" by the Company's executive leadership focused on boosting short-term performance.
- Business Wire
INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Infosys Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Infosys Limited (“Infosys” or “the Company”) (NYSE: INFY) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Infosys disclosed on October 21, 2019, that it has received whistleblower complaints of "unethical practices" by the Company’s executive leadership focused on boosting short-term performance.
- Financial Times
Infosys probes complaints of unethical practices
Infosys said it was investigating allegations of unethical practices raised by whistleblowers, as the Indian outsourcing group’s stock fell as much as 16 per cent in Mumbai on Tuesday. Infosys chairman Nandan Nilekani, who co-founded the company in the early 1980s, said it had retained law firm Shardul Amarchand Mangaldas & Co to look into the allegations. “These complaints are being dealt with in an objective manner,” Mr Nilekani said in a statement.
- Financial Times
Naspers grasps at Just Eat
Just Eat’s board rejected the all-cash offer, made through Naspers’ Dutch-listed vehicle Prosus, saying it “significantly undervalued” the UK company. Bob van Dijk, chief executive of Naspers and Prosus, said Just Eat, which began as an online marketplace for restaurants, needed “significant investment in product, in technology and in the delivery capabilities” to compete with delivery-focused rivals such as Uber Eats and Deliveroo. Naspers seems set on creating new axis powers in the food delivery wars.
- Bloomberg
Infosys Dives Most in Two Years As Whistle-Blowers Target CEO
(Bloomberg) -- Infosys Ltd.’s shares plunged to a 10-month low after whistle-blowers accused Chief Executive Officer Salil Parekh of leading an effort to shore up profits through irregular accounting, turning up the heat on an IT services giant that endured internal turmoil just two years ago.The stock fell as much as 16% Tuesday, wiping out 2019’s gains via its biggest intraday fall since April 2013. The letter, addressed to the board and published by the Deccan Herald, charged Parekh with “unethical practices” to boost revenues and profit in recent quarters, anonymous whistle-blowers wrote in a memo titled “Disturbing unethical practices.” The whistle-blowers also said recent big deal wins may have come with negligible margins. They asked the board to investigate and take action, offering to provide emails and voice recordings to support their allegations.Chairman and co-founder Nandan Nilekani pledged a full investigation, saying the allegations had gone before the company’s Audit Committee. The memo dated Sept. 20 was the latest in a series of whistle-blower complaints that wrought havoc at Asia’s second most valuable IT services firm, triggering the exit of previous CEO Vishal Sikka after a confrontation with co-founder Narayana Murthy. The company, a symbol of India’s technological boom, had gained more than 15% of market value this year as it stabilized the business with a transition toward automation.The allegations “could severely damage the company’s pristine brand if true, especially in the IT services industry,” Bloomberg Intelligence analyst Anurag Rana wrote. “It could also hurt short-term sales, as clients may look for other providers for newer projects.”Infosys May Need Some Private Time to Fix Itself: Andy MukherjeeRead more: Infosys Profit Slides After Companies Skimped on SpendingNilekani had only just proclaimed last year that Infosys had become “boring again.” The allegations come as Infosys and larger rival Tata Consultancy Services Ltd., which build software and provide services to some of the world’s largest banks and retailers, navigate an increasingly difficult business environment. The industry is grappling with a trend toward automation and rapid technology changes.This month, Infosys posted a 2% fall in quarterly profit after nervous clients held off on spending and growth in traditional service contracts stalled. That underscored the challenge for Parekh, who has pledged to drive growth in digital services, re-energize core offerings, re-skill employees and hire locally in a key U.S. market where a tightening H-1B visa regime is making it more difficult to import labor. Tata Consultancy also posted earnings that lagged projections.“The newsflow around this may dominate investor attention in the near term and could continue to support the shift toward TCS,” Emkay analyst Manik Taneja wrote.Read more: Whistle-Blowers Allegations to Shrink Infosys Valuation PremiumThe IT services giant itself has undergone internal upheaval in the recent past. The memo emerged days after the departure of former deputy chief financial officer, Jayesh Sanghrajka.Parekh, a former Capgemini SE executive, was named to the helm in 2017 after a very public battle between his predecessor and the company’s founders, who objected to Sikka’s strategy and compensation. At the time, Sikka quit over what he described as “a continuous drumbeat of allegations” over management and corporate governance. The share price tumbled, wiping out billions of dollars in investor wealth.Read more: ‘Stay Calm, Don’t Panic’ CEO Aims to Steady Troubled InfosysAfter the drama, which Chairman Nilekani had described as reaching “reality TV” like proportions, the more low-key Parekh was regarded as an apt choice to lead the company. He is only the second outsider, after Sikka, to take the top job at the four-decade-old Infosys where its co-founders -- middle-class Indian engineers who started it with 10,000 rupees ($140) -- typically revolved through the CEO’s office.“The whistle-blower complaint has been placed before the Audit Committee as per the company’s practice and will be dealt with in accordance with the company’s whistle-blowers policy,” Infosys said in an emailed statement on Monday.(Updates with shares from the second paragraph)\--With assistance from Debjit Chakraborty, Abhay Singh and Devidutta Tripathy.To contact the reporter on this story: Saritha Rai in Bangalore at srai33@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, ;Arijit Ghosh at aghosh@bloomberg.net, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Financial Times
Infosys: impacted contractor
In 2017, ex-chairman Narayana Murthy, complained bitterly about poor governance at Infosys, the hugely successful Indian IT outsourcer he co-founded. Chief executive Vishal Sikka resigned. The problem may have lingered on, judging from a whistleblower complaint.
- PR Newswire
HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, NOTIFIES INFY INVESTORS OF INVESTIGATION INTO ACCOUNTING FRAUD: Infosys Limited (INFY) Investors Who Suffered Significant Losses are Encouraged to Contact the Firm
SAN FRANCISCO , Oct. 21, 2019 /PRNewswire/ -- Hagens Berman notifies investors in Infosys Limited (NYSE: INFY) investors of the firm's investigation of possible violations of federal securities laws. ...
- Business Wire
INFOSYS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates Infosys Limited for Possible Securities Fraud - INFY
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC , announces that KSF has commenced an investigation into Infosys Limited .
- Business Wire
INFOSYS ALERT: Bragar Eagel & Squire, P.C. is Investigating Infosys Limited and Encourages Infosys Investors to Contact the Firm
Bragar Eagel & Squire, P.C., a nationally recognized shareholder law firm, is investigating potential claims against Infosys Limited (INFY) on behalf of Infosys stockholders. On October 21, 2019, Infosys disclosed that it had received whistleblower reports alleging “unethical practices” by the company’s executive management.
- ACCESSWIRE
SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Infosys Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / October 21, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Infosys Limited ("Infosys" or "the Company") (NYSE:INFY) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Infosys disclosed on October 21, 2019, that it has received whistleblower complaints of "unethical practices" by the Company's executive leadership focused on boosting short-term performance.
