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Infosys market valuation jumps by Rs 20,843 crore after earnings announcement; Shares climb nearly 5%

The Infosys stock has emerged as the biggest gainer among the BSE Sensex and NSE Nifty firms.

PTI   


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Infosys delays onboarding of 2,000 graduates for more than 2 years, NITES files complaint

The Nascent Information Technology Employees Senate (NITES) lodged a complaint against Infosys for …

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3 mins read

Stock market closing: Sensex climbs over 600 points to close in green, LTIM, ONGC amongst top gainers

Amongst sectoral indices. IT inched up by 2.22%, while media was biggest loser, down by 3.57%. Real…

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Stock market today: Sensex, Nifty open in red, media slips by 2% as IT manages marginal lead

In early morning trade, LTI Mindtree, Axis Bank, Infosys, Wipro, and Tech Mahindra gained significa…

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Trading activity to hinge on Q1 results, global trends in holiday-shortened week: analysts

Among major quarterly earnings to be tracked this week are from HDFC Life Insurance Company, Bajaj …

PTI   


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Sensex, Nifty spurt nearly 1% on buying in HDFC Bank, Infosys amid global stocks rally

Equity benchmark indices Sensex and Nifty shot up nearly 1 per cent on Thursday, driven by buying i…

PTI   


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Infosys net profit declines 7.3% to ₹6,106 crore in Q3

IT company Infosys on Thursday posted a 7.3 per cent decline in consolidated net profit at Rs 6,106…

PTI   


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Tech stocks tumble after Accenture guidance signals weak demand ahead

India’s tech stocks pack slipped down a slippery slope on Friday morning trade after tech major Acc…

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Infosys to acquire semiconductor design company InSemi for ₹280 crore

Software major Infosys Ltd on Thursday said it will acquire InSemi, a semiconductor design and embe…

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Gaining market share in automation and cost optimisation deals: Infy CEO

After beating street expectations in the second quarter, IT Infosys sounded cautious and guided for…

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3 mins read

Street unaffected by Infy’s guidance cut; lack of bad news charges up tech stocks

Five top tech stocks – Infosys, TCS, Wipro, LTI Mindtree and TechMahindra were the lead gainers on …

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Friday cheer on D-Street as Nifty and Sensex are off to a flyer

The Indian stock market continued its upward momentum as it opened on a positive note on Friday, wi…

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Late buying helps Sensex jump 270 pts; RIL, ICICI Bank shine

Equity benchmark indices, the Sensex and the Nifty, bounced back from intra-day lows to settle high…

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IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs

The tide might have turned for IT stocks as investors found them in favour again. However, the thir…

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3 mins read

Infosys Q2 US dollar revenue up 2.2%; cuts upper end of guidance for FY24

Infosys has reported a 2.3% sequential growth in its constant currency revenues for the second qua…

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7 mins read

Infosys raises revenue guidance for FY23 to 16-16.5%, revenue growth beats analyst expectations

Indian IT major Infosys raised its revenue growth guidance for FY23 to 16-16.5% in constant currenc…

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3 mins read

Margin recovery likely an uphill task for Infosys after Q1 shock

India’s second largest IT services company Infosys reported a sequential decline in its net profit …

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5 mins read

Infosys stock tumbles but analysts maintain ‘Buy’ rating on Infosys despite sharp cut in revenue guidance

Shares of Infosys fell by more than 8% on Friday in line with the 9% fall in ADRs on Thursday, afte…

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Infosys slashes FY24 growth guidance by more than half as clients defer decisions, starting dates

Infosys has cut its revenue guidance for the financial year by more than half. The company said on …

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Brokerages not rattled by big 3 IT players' tepid Q2 performance

The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…