IT stocks were in demand on hopes of strong Q3 earnings post Accenture performance. 63 Moons has zoomed 117% this month, while stocks like CyberTech, Brightcom and D-Link have soared over 30% so far
While RIL, TCS, Infosys, HUL and Wipro were the gainers, HDFC Bank, ICICI Bank, HDFC, Bajaj Finance and SBI emerged as laggards
In the past six trading days, Infosys has gained 7 per cent after Accenture reported strong results for the quarter ended November (Q1FY22) and also gave a strong FY22 outlook
In the top-10 list, Infosys and Wipro were the only gainers.
Major IT stocks are either on verge of breakout or holding the positive bias, the positive sentiment may see up to 10% gains
Accenture reported strong revenue in Q1FY22 and upgraded its annual guidance by a massive 700bps as it continues to gain from demand for Cloud transformation.
The stock price of Infosys has broken out from the downward sloping trendline on daily chart
Of the e-verified ITRs, more than 23.8 million ITRs have been processed and over 909.5 million refunds for AY 2021-22 have been issued
Revenue Secretary Tarun Bajaj along with senior finance ministry officials held a meeting with Infosys Managing Director Salil Parekh to review the performance of the new income tax portal.
Co-founder of Infosys Kris Gopalakrishnan was the chief guest for the virtual inaugural function at IIM Kozhikode
Infosys on Thursday announced an extension of its digital innovation partnership with the Australian Open (AO) until the end of 2026. The expanded collaboration will see Infosys and Tennis Australia continue to harness Big Data and Analytics, Artificial Intelligence, Virtual Reality and Cloud technologies to elevate the AO experience for fans, players, coaches, partners and the media, the Bengaluru-headquartered IT major said in a statement. "The multi-year commitment builds on the last three years of high impact between Infosys and the AO, and follows strong results achieved in a pandemic-impacted 2021 event," it said. The collaboration aims to focus across four key areas -- Enhanced broadcast statistics to increase fan engagement; Deliver new innovations for fans, players, and the media; Driving the digital experience vision; Digital for inclusivity and greater access to the underprivileged and grassroots community.
The cost of the transaction is "up to 6 million Singapore dollars, including the value of net assets, subject to customary closing adjustments", Infosys said in a regulatory filing
Infosys on Tuesday announced that it has been selected by Finnish pharmaceutical company Orion Corporation to transform its ERP and Planning platforms, and drive business value realisation.
Further consolidation seems likely, while telecom stocks may be in focus owing to the new DoT order on limiting SIMs per user
The firm started its Ireland operations in Dublin in 2014
The derivative analyst from HDFC Securities recommends buying December 1760 Call and selling 1800 Call of Infosys based on the following four rationales
Murthy was speaking at the awards ceremony of Infosys Prize 2021
Infosys co-founder was heading a committee on non-personal data protection bill, which had submitted its report to govt a few months back
Laureates chosen from a pool of 201 nominations; winners identified by jury of scholars and professors from top universities across the world
Infosys said it will transfer Daimler's HPC workloads used to design vehicles and automated driving technologies to one of Europe's greenest data centres, Lefdal Mine Datacenter in Norway.