Infosys Shares

Infosys Q3 preview: The operating margin could improve by 10-40 basis points (bps) to up to 21.9 per cent sequentially aided by a weakened rupee, lower attrition and higher optimisation

The stock underperformed both the Nifty and the Nifty IT index, which fell 1.5% and 2%, respectively

The Bengaluru-based IT major saw its revenue rise 23 per cent to Rs 32,276 crore in the recently concluded quarter, as against Rs 26,311 crore in the previous corresponding period

Infosys co-founder S D Shibulal bought the shares of the IT major from wife Kumari Shibulal through an open-market transaction, for a second time this week

Infosys' profit before tax (PBT) stood at Rs 5,792 crore, up 12 per cent year-on-year (YoY).

The police suspected the trio might have made about Rs 15 lakh so far as commission from taxpayers

Infosys says the anonymous complaints were still under investigation as company's stocks rise.

In April this year, the board of Infosys adopted a new stock plan called "Expanded Stock Ownership Programme"

"As Infosys is a Nifty stock, the company is widely held in several equity schemes," said a fund manager. According to industry estimates, the stock is held in over 400 MF schemes

The anonymous letter alleges the current management is taking 'unethical' steps to raise short-term revenue and profit.

Wipro, TCS and HCL Technologies ended with gains of more than half a per cent

Infosys dived as much as 6 per cent Monday, its steepest intra-day fall since August

As per BSE filing, Shibulal gifted 7.9 million shares and his daughter Shruti gifted 12.3 million shares

Infosys denied plans of stake sale; Murthy and rest of the founders have 12.75% stake in the company