Infosys Ltd Share Price (INFY)

Infosys Reports Strong Q4FY24 Results - 18 Apr, 2024

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%.