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Infosys Ltd (INFY)

₹1488.90.34%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Performance

  • Day's Low

    Day's High

    ₹1,486.05
    ₹1,503.7
  • 52 Week's Low

    52 Week's High

    ₹1,262.25
    ₹1,733
1 Month Return+ 3.09 %
3 Month Return-7.1 %
1 Year Return+ 15.06 %
Previous Close₹1,493.95
Open₹1,503.70
Volume42.36L
Upper Circuit-
Lower Circuit-
Market Cap₹6,18,175.69Cr

Analyst Rating

based on 42 analysts

BUY
69.05%
Buy
19.05%
Hold
11.90%
Sell

Based on 42 analysts offering long term price targets for Infosys Ltd. An average target of ₹1590.19

Source: S&P Global Market Intelligence

Company Information

Infosys Ltd is a global leader in consulting, technology and next-generation services. Founded in 1981, the company is headquartered in Bengaluru, India and has offices in over 50 countries.

Infosys provides services across multiple industries, including banking, manufacturing, healthcare, retail and more. The company's core services include IT consulting, software development, enterprise solutions and digital transformation. Infosys also offers cloud, analytics, artificial intelligence, blockchain, Internet of Things (IoT) and robotic process automation (RPA).

Infosys's top products include its Finacle core banking solution, EdgeVerve Systems, which provides enterprise software, and Mana, a cloud-based AI platform. The company also offers popular brands such as NIA, its artificial intelligence platform, and Panaya, its cloud-based ERP suite.

Share Price: ₹1488.90 per share as on 14 Jun, 2024 04:01 PM
Market Capitalisation: ₹6,18,175.69Cr as of today
Revenue: ₹37,923.00Cr as on March 2024 (Q1 24)
Net Profit: ₹7,975.00Cr as on March 2024 (Q1 24)
Listing date: 03 Nov, 1994
Chairperson Name: Nandan M Nilekani
OrganisationInfosys Ltd
Headquarters
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for Infosys Ltd

  • Infosys Introduces Relocation Policy for Employees; Indian Stock Markets Close at All-Time High - 17 Jun, 2024

    Infosys has introduced a relocation policy to encourage employees to take transfers to its Development Centre in Hubballi. Meanwhile, the Indian stock market closed at an all-time high last week, with Sensex and Nifty reaching new records.

  • Infosys Ranked 74th in Most Valuable Brands List - 16 Jun, 2024

    Infosys has been ranked at the 74th position in the Kantar BrandZ report of the top 100 most valuable brands in the world. It is also ranked 20th in the Business Technology and Services Platforms category.

  • Infosys Secures Major Deal with Ikea, Outpacing Industry Average Returns - 15 Jun, 2024

    Infosys has secured a significant contract valued at over $100 million from Swedish retail giant Ikea. Additionally, Infosys' impressive ROCE of 32% outpaces the industry average and has rewarded shareholders with a remarkable 125% return over the past five years.

  • Infosys Shares Dip Ahead of Q1 Results Declaration - 14 Jun, 2024

    Infosys is set to release its first-quarter results for FY2025 on July 18. Kotak Securities analyst Sumit Pokharna is positive on Infosys, TCS, and HCL Tech. The company's shares fell by up to 1% as investors booked profits across tech names.

  • Infosys Reports Revenue Growth Amid Delayed Onboarding of Freshers - 13 Jun, 2024

    Infosys reports that the deals it won in recent quarters have started converting into revenue. However, the company has delayed onboarding 10,000 freshers, adding to their troubles. The delay comes as Infosys hired only 11,900 campus recruits in FY24, a significant 76% decrease compared to the previous year.

  • Infosys Ranked Among Most Valuable Brands Globally - 12 Jun, 2024

    Infosys has been ranked among the 100 most valuable brands in the world for the third consecutive year by Kantar. The company's investments in emerging technologies like generative AI and foundational technologies like cloud are paying rich dividends. Additionally, Ambareesh Baliga recommends buying Infosys and HCL Technologies due to a positive outlook on the IT sector.

  • Infosys Collaborates with Pondicherry University and GitHub - 11 Jun, 2024

    Infosys collaborates with Pondicherry University on curriculum enhancement, skill development, internships, and industry-academia interfaces. It also partners with GitHub to launch its first GitHub Center of Excellence (CoE) aimed at speeding up software production. However, Infosys' share price falls, contributing to the benchmark stock indices settling lower.

  • Infosys Launches GitHub CoE, Emkay Bullish on Interest Rate-Cut Cycle - 10 Jun, 2024

    Infosys has partnered with GitHub to launch a new center of excellence while Emkay Global Financial Services is bullish on the impact of an interest rate-cut cycle on Indian IT companies.

  • Infosys Stock Rises Amid Technical Analyst Predictions - 07 Jun, 2024

    Despite a year-to-date loss of over 1%, Infosys shares rose 4.13% to Rs 1533 on the NSE. Technical analysts predict intermediate support at Rs 1,500-1,475 and resistance at Rs 1,550. Former board member Mohandas Pai highlighted India's potential as a force multiplier for US tech innovation.

  • Infosys Employee Compensation and Revenue Per Employee in FY24 - 06 Jun, 2024

    The number of Infosys employees earning an annual compensation of at least ₹1.02 crore declined by 17% to 103 in FY24. Meanwhile, the top five companies reported a record high aggregate revenue per employee of $51,117 in the same year.

  • Infosys Collaborates for Healthcare Access in Japan; Aarin Capital Urges Repeal of Angel Tax - 05 Jun, 2024

    Infosys announces collaboration with Nihon Chouzai to enhance online medication guidance services and payment solutions. Meanwhile, Aarin Capital Chairman urges the Indian government to repeal Angel Tax and establish a Rs 50,000 crore startup fund.

  • Infosys Reduces Graduate Intake Amidst Uncertain Demand - 04 Jun, 2024

    Infosys reduces graduate intake to 11,900 in FY24 amidst uncertain demand. BNP Paribas Securities has a buy call on Infosys with a target price of Rs 1920. Infosys collaborates with Nihon Chouzai to expand healthcare access in Japan.

  • Infosys Faces Union Pressure Over Campus Recruitment Delay; CEO Pay Package Increases - 03 Jun, 2024

    IT sector employee union NITES has called for an investigation into Infosys' repeated delays in onboarding over 2,000 campus recruits. Meanwhile, Infosys CEO Salil Parekh's pay package increased by 17.3% to Rs 66.2 crore in FY24, while the company recruited 11,900 college graduates, down 76% YoY. Additionally, Infosys Chairman Nandan Nilekani emphasized the need for businesses to future-proof their AI infrastructure.

  • Infosys Fined for Non-Payment of Sales Tax in Texas - 02 Jun, 2024

    IT giant Infosys has been fined $3,142.02 by the Texas Comptroller of Public Accounts for failing to pay sales tax during April 2024. The penalty highlights the importance of timely tax compliance for multinational corporations operating in various jurisdictions.

  • Infosys Acquires in-tech; Faces Investigation Over Delayed Onboarding - 01 Jun, 2024

    Infosys announces acquisition of in-tech and faces investigation by NITES union for repeatedly delaying onboarding of over 2,000 campus recruits.

  • Infosys Shares Fall After Salesforce Lowers Guidance - 31 May, 2024

    Infosys shares fell by up to 2% following a lowered guidance for FY25 by Salesforce, affecting other IT firms like Persistent Systems. The company declared a final dividend of ₹20.00 per equity share and a special dividend of ₹8.00 per equity share.

  • Infosys Lags as Sensex Falls, Declares Dividend - 30 May, 2024

    Infosys was among the major laggards as the Sensex fell by 668 points. Analysts see green shoots for Indian IT sector growth in the medium to long term. Infosys declared a dividend of Rs 20/share along with a special dividend of Rs 20 per share.

  • Infosys Unveils AI Innovations for Roland-Garros 2024 - 29 May, 2024

    Infosys has partnered with the French Tennis Federation to introduce several AI-driven innovations for Roland-Garros 2024 using Infosys Topaz. The company's growth is enhanced by high insider ownership.

  • Infosys Collaborates with Commerzbank for Trading Platform; CEO Reassures No Job Cuts - 28 May, 2024

    Infosys collaborated with Commerzbank and Murex on a successful go-live of a consolidated, unified trading platform. Meanwhile, Infosys CEO Salil Parekh reassured employees and stakeholders that the company has no plans to cut jobs despite significant layoffs in the tech industry due to advancements in generative AI (GenAI).

  • Infosys Stock Breaks Out of Trading Range Amid Hiring Plans and No Job Cuts - 27 May, 2024

    Infosys sees a potential shift in market sentiment from neutral to positive as its stock price breaks out of a narrow trading range. The company's CEO confirmed no plans for job cuts due to GenAI adoption and discussed agile hiring plans. Although headcount declined YoY, Infosys remains confident in meeting revenue guidance for FY25. A fresh report claims that Infosys slashed the average payout of employees in Q4.

Insights on Infosys Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 30.13% to 30.47% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 39.61K Cr → 40.65K Cr (in ₹), with an average increase of 2.6% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 6.10K Cr → 7.96K Cr (in ₹), with an average increase of 23.4% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, HCL Technologies Ltd has given 45.1% return, outperforming this stock by 45.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, HCL Technologies Ltd has given 25.8% return, outperforming this stock by 10.7%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 13.80% to 13.37% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, INFY stock has moved down by -7.1%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 13.22% to 13.14% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 16.35% to 16.02% in Mar 2024 quarter

Infosys Ltd Valuation

Infosys Ltd in the last 5 years

  • Overview

  • Trends

Lowest (13.79x)

March 23, 2020

Today (23.49x)

June 14, 2024

Industry (34.00x)

June 14, 2024

Highest (38.37x)

December 30, 2021

LowHigh

Mutual Fund Holdings

Funds Holdings
ICICI Prudential Value Discovery Fund Direct Plan GrowthICICI Prudential Value Discovery Fund Direct Plan Growth7.03%
ICICI Prudential Technology Fund Direct Plan GrowthICICI Prudential Technology Fund Direct Plan Growth22.92%
ICICI Prudential Bluechip Fund Direct Plan GrowthICICI Prudential Bluechip Fund Direct Plan Growth4.32%
Mirae Asset Large Cap Fund Direct Plan GrowthMirae Asset Large Cap Fund Direct Plan Growth6.17%
SBI Bluechip Fund Direct GrowthSBI Bluechip Fund Direct Growth4.18%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
13.14%
0.00
Foreign Institutions
30.47%
0.00
Mutual Funds
16.02%
0.00
Retail Investors
13.37%
0.00
Others
27%
0.00

News

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Faulty studies, supply chain woes and costly grid upgrades are delaying projects and preventing more clean electricity from reaching homes, experts say.

17 Jun, 2024 10:19 PM

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18 Jun, 2024 12:58 AM
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Infosys Ltd (INFY) share price today is ₹1488.9

Infosys Ltd is listed on NSE

Infosys Ltd is listed on BSE

  • Today’s highest price of Infosys Ltd is ₹1503.7.
  • Today’s lowest price of Infosys Ltd is ₹1486.05.

PE Ratio of Infosys Ltd is 23.49

PE ratio = Infosys Ltd Market price per share / Infosys Ltd Earnings per share

Today’s traded volume of Infosys Ltd(INFY) is 42.36L.

Today’s market capitalisation of Infosys Ltd(INFY) is ₹618175.69Cr.

Infosys Ltd(INFYPrice
52 Week High
₹1733
52 Week Low
₹1262.25

Infosys Ltd(INFY) share price is ₹1488.9. It is down -14.09% from its 52 Week High price of ₹1733

Infosys Ltd(INFY) share price is ₹1488.9. It is up 17.96% from its 52 Week Low price of ₹1262.25

Infosys Ltd(INFYReturns
1 Day Returns
-5.05%
1 Month Returns
3.09%
3 Month Returns
-7.1%
1 Year Returns
15.06%