₹1419.25▲0.34%
0.83%
Low
Day's Volatility:2.62%
High
1.79%
16.48%
Low
52 Weeks Volatility:38.59%
High
22.11%
Returns % | |
1 Month Return | -11.74 % |
3 Month Return | -13.89 % |
1 Year Return | 12.32 % |
Market Stats | |
Previous Close | ₹1,414.45 |
Open | ₹1,421.10 |
Volume | 2.21Cr |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹5,87,119.45Cr |
based on 39 analysts
Based on 39 analysts offering long term price targets for Infosys Ltd. An average target of ₹1687.49
Source: S&P Global Market Intelligence
Organisation | Infosys Ltd |
Headquarters | |
Industry | IT - Software |
E-voting on shares | Click here to vote |
Today's Timeline - 18 Apr
05:48 PM
-Infosys reports Q4FY24 net profit of ₹7,975 crore, up 30% YoY. Revenue for the quarter came at ₹37,923 crore, up 1.3% YoY.
Key events for Infosys Ltd
Infosys reported a strong Q4FY24 with a 30% YoY rise in net profit and revenue growth of 1.3%. The company expects revenue growth of 1-3% in FY25.
Infosys Collaborates with Proximus, Set to Announce Q4 Results - 17 Apr, 2024
Infosys partners with Proximus for digital transformation, while Q4 results are expected to show a slight revenue growth but decline in EBIT margins.
Infosys Completes Transformation Program, Q4 Earnings Expected to Show Subdued Growth - 16 Apr, 2024
Infosys completed a successful transformation program for Team Global Express and won an award. However, Q4 earnings are expected to show subdued growth due to weak discretionary spending in the US and seasonal impact on revenue.
Infosys to Announce Quarterly Earnings Report and Final Dividend Recommendation - 15 Apr, 2024
Infosys is set to announce its quarterly earnings report on April 18, along with the final dividend recommendation for the financial year ending March 31, 2023. HDFC Securities analyst Apurva Prasad rates Infosys as 'add', while the company faced turbulence during Vishal Sikka's tenure as CEO.
Infosys Ltd Fundamentals Look Decent Despite Sliding Stock - 13 Apr, 2024
Despite a sliding stock, Infosys Ltd's fundamentals look decent with an ROE of 31%, expected future ROE of 32%, and a three-year median payout ratio of 58%. The company is predicted to pay out approximately 63% of its profits over the next three years.
Infosys Collaborates with Intel for AI Solutions; Receives Positive Rating from BofA Securities - 12 Apr, 2024
Infosys collaborates with Intel to offer advanced AI solutions. The company is also selected as a tactical pick due to its attractive valuation. BofA Securities raised its rating on Infosys citing higher transformational IT spends in 2025 after US Presidential election. Ace investor Manish Chokhani expresses sentimental attachment to Infosys.
Infosys and Intel Expand Strategic Collaboration for AI Solutions - 11 Apr, 2024
Infosys and Intel have announced an expansion of their strategic collaboration to offer advanced artificial intelligence (AI) solutions that will help businesses become cost-effective, performance-driven, and responsible by design.
Infosys Receives Upgrades and Expands Collaboration with Intel - 10 Apr, 2024
Infosys receives upgrades from BofA and Anand Rathi, while expanding its strategic collaboration with Intel to accelerate AI journeys. Additionally, Infosys Foundation commits a grant of Rs 33 crore to strengthen cybercrime investigation capabilities of Karnataka police.
Infosys Stock Upgraded by BofA Securities - 09 Apr, 2024
Bank of America (BofA) has upgraded Infosys stock to Buy from Neutral and raised the target price to Rs 1,785. The upgrade is based on anticipated demand recovery by 2025 and normalization of post-Covid IT spends by mid CY24. Compliance with Basel III norms and SAP upgrade deadline are expected to drive up regulatory tech spending. Transformational IT spending could see an uptick post-US elections. Analysts predict a soft Q4FY24 due to higher wage costs and absence of large deals.
IT Job Market Trends and Skill Requirements Discussed - 08 Apr, 2024
Ramani Dathi, CFO of TeamLease Services, sheds light on trends and challenges in the current IT job market. While some colleges have adapted their programs to cater to IT service company needs, there's still a gap in addressing emerging technologies like AI and ML.
Technology Sector Sees Modest Growth, Infosys Stock Price Up by 5% - 07 Apr, 2024
Despite a modest growth rate of around 25% in the technology sector over the past year, prominent names such as Infosys have only seen a 5% increase in stock price. It may be prudent to gradually add exposure to technology sector stocks.
Infosys Revenue Growth Expected in FY25 - 04 Apr, 2024
Nomura expects Infosys to guide for 2-5% YoY revenue growth in FY25 with a 20-22% EBIT margin band. Infosys may see a decline in adjusted PAT, but projected growth in net sales.
Infosys Receives Positive Growth Projections and Corporate Banking Subscription - 03 Apr, 2024
Infosys is projected to lead in CC QoQ growth among large Indian IT firms, while Zand Bank has subscribed to Infosys Finacle Solutions for its corporate banking services. The number of buy calls on Infosys stock has increased following a slight dip in the last fiscal quarter.
Infosys Receives Tax Demand Notice - 02 Apr, 2024
Infosys Ltd has received a tax demand notice of Rs 341 crore for the assessment year 2020-21 from the Income Tax department. The company is evaluating the implications of this order on its financial statements and considering filing an appeal against it.
Infosys Evaluates Tax Demand Orders and Refund Expectations - 01 Apr, 2024
Infosys expects a tax refund of Rs 6,329 crore from the Income Tax Department but has also received tax demand orders worth Rs 2,763 crore. The company is evaluating the impact of these orders on its financial statements and considering filing appeals. Morgan Stanley retains an overweight rating on Infosys with a target price of Rs 1,750.
Infosys Faces Significant Tax Liability Despite Refund - 31 Mar, 2024
Infosys is set to receive a tax refund of Rs 6,329 crore but also faces a substantial tax liability of Rs 2,763 crore according to assessment orders. The company is evaluating the implications of these orders on its financial statements for Q4FY24 and considering filing appeals against them.
Infosys Announces Final Dividend and Q4 Results Date - 29 Mar, 2024
Infosys is set to reward shareholders with a final dividend for the financial year ending March 31, 2024. The company will announce both - final dividend and Q4 results post board approval after the meeting which is scheduled to take place in April.
Infosys Collaborates with Handelsblatt Media Group Using AI-First Services - 28 Mar, 2024
Infosys has entered into a strategic collaboration with the Handelsblatt Media Group to make complex reports on global economic and finance issues more accessible using Infosys Topaz. The stock rose as much as 1.77% following the announcement.
Infosys Collaborates with Handelsblatt Media Group for Innovative Storytelling - 27 Mar, 2024
Infosys has announced a strategic partnership with Germany-based Handelsblatt Media Group to enhance the quality and accessibility of reports on global economic and financial subjects through AI-powered storytelling. Experts predict positive commentary on demand environment to emerge in a quarter or two.
Infosys Stock Under Pressure Due to Muted Earnings and Market Repercussions - 26 Mar, 2024
Infosys Ltd's muted earnings have resulted in a low P/E ratio of 25.3x, with investors expecting limited future growth. The IT sector was under tremendous pressure, causing Infosys to drop 7.71%. Fresh short positions were built as the stock declined by 1.06%.
Fundamentals of Infosys Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
FII Holding Up
Foreign Institutions have increased holdings from 29.98% to 30.13% in Dec 2023 quarter
Against Peers
In the last 3 years, HCL Technologies Ltd has given 48.5% return, outperforming this stock by 44.7%
Against Peers
In the last 1 year, HCL Technologies Ltd has given 38.9% return, outperforming this stock by 26.5%
MF Holding Down
Mutual Funds have decreased holdings from 16.52% to 16.35% in Dec 2023 quarter
Profit Down
Netprofit is down for the last 2 quarters, 6.21K Cr → 6.10K Cr (in ₹), with an average decrease of 1.7% per quarter
Price Dip
In the last 7 days, INFY stock has moved down by -4.7%
Retail Holding Down
Retail Investor have decreased holdings from 14.05% to 13.80% in Dec 2023 quarter
Promoter Holding Down
Promoters have decreased holdings from 13.29% to 13.22% in Dec 2023 quarter
Revenue Fall
Revenue is down for the last 2 quarters, 39.62K Cr → 39.61K Cr (in ₹), with an average decrease of 0.0% per quarter
Infosys Ltd in the last 5 years
Lowest (13.79x)
March 23, 2020
Today (24.00x)
April 16, 2024
Industry (37.11x)
April 16, 2024
Highest (38.37x)
December 30, 2021
Funds | Holdings |
ICICI Prudential Technology Fund Direct Plan Growth | 22.5% |
ICICI Prudential Bluechip Fund Direct Plan Growth | 4.71% |
SBI Equity Hybrid Fund Direct Growth | 3.74% |
ICICI Prudential Value Discovery Fund Direct Plan Growth | 5.85% |
Mirae Asset Large Cap Fund Direct Plan Growth | 6.28% |
Investors | Holdings % | Prev. 4 periods | 3M change |
---|---|---|---|
Promoter Holdings | 13.22% | ||
Foreign Institutions | 30.13% | 0.50 | |
Mutual Funds | 16.35% | ||
Retail Investors | 13.8% | ||
Others | 26.49% | 1.27 |
Technicals of Infosys Ltd share
News & Events of Infosys Ltd
News
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17 Apr, 2024 12:55 PMInfosys Ltd (INFY) share price today is ₹1419.25
Infosys Ltd is listed on NSE
Infosys Ltd is listed on BSE
PE Ratio of Infosys Ltd is 24
PE ratio = Infosys Ltd Market price per share / Infosys Ltd Earnings per share
Today’s traded volume of Infosys Ltd(INFY) is 2.21Cr.
Today’s market capitalisation of Infosys Ltd(INFY) is ₹587119.45Cr.
Infosys Ltd(INFY | Price |
---|---|
52 Week High | ₹1733 |
52 Week Low | ₹1185.3 |
Infosys Ltd(INFY) share price is ₹1419.25. It is down -18.10% from its 52 Week High price of ₹1733
Infosys Ltd(INFY) share price is ₹1419.25. It is up 19.74% from its 52 Week Low price of ₹1185.3
Infosys Ltd(INFY | Returns |
---|---|
1 Day Returns | 4.8% |
1 Month Returns | -11.74% |
3 Month Returns | -13.89% |
1 Year Returns | 12.32% |