Page 25 - Infosys

Infosys Q4 PAT rises 17% YoY to Rs 5,076 cr; announces Rs 9,200 cr buyback

The company board also recommended a final dividend of Rs 15 per share for FY21

Infosys Q4FY21 preview: PAT seen rising 14-23%; buyback details eyed

Infosys Q4FY21 preview: The company board will also consider a share buyback during a meeting on April 14. Following this development, the stock had hit a 52-week high of Rs 1,480 on the BSE on Monday

Infosys, TCS, Mindtree: Strategies for IT stocks ahead of Q4FY21 numbers

If the Nifty IT index manages to sustain above 27,200 levels, the upside bias may see a rally towards 27,800-mark in the upcoming sessions

Infosys gains 3%, hits new high as board to consider buyback of shares

The buyback could be worth Rs 10,000 - 12000 crore (around 2 per cent of market cap) at a price of Rs 1650- 1670 per share, a media report said

Stocks to watch: TCS, Infosys, Ambuja Cements, NMDC, Balrampur Chini

Shakti Pumps (India) on Sunday said it is planning business expansion next year as the company eyes a bigger share in the Centre's PM-KUSUM scheme of solar water pumps

Infosys to consider share buyback on April 14, announce FY21 results

IT services giant is slated to hold a board meeting on April 13 and 14 to approve and take on record consolidated financial results for Q4 and for year ended March 31, 2021

M-cap of four of 10 most valued companies jumps over Rs 1.14 trillion

The valuation of Tata Consultancy Services zoomed Rs 57,816.18 crore to reach Rs 12,28,898.85 crore

Stocks to watch: Airtel, Srei Infrastructure, Ashok Leyland, Infosys

Arindam Haldar has resigned as Chief Executive Officer of Thyrocare Technologies, for personal reasons

Infosys, ArcelorMittal announce strategic tie-up for digital transformation

Infosys to deliver next-generation application and business process management services to ArcelorMittal

Infosys m-cap tops Rs 6 trillion, shares end at record high of Rs 1,140

Infosys' shares have outperformed Sensex both on YTD and one-year basis, with a gain of 12.3% and 2.2x, respectively. In comparison, Sensex is up 2.7% and 63.5% on YTD and one-year basis

Infosys shares climb nearly 2%; M-cap rallies by over Rs 6 trillion

Shares of Infosys on Monday gained nearly 2 per cent with its market valuation crossing over Rs 6 lakh crore mark following buying in other IT stocks.

Infosys hits fresh record high; m-cap crosses Rs 6-trillion mark

In the past two months, Infosys has outperformed the market by surging 12 per cent, against 3 per cent decline in the Sensex

IT companies look set for strongest quarter in years, say analysts

Growth for the quarter will be driven by acceleration in digital technologies, improved demand in the aftermath of Covid, ramp-up in deal wins, and migration to Cloud

Eight of top-10 most valued firms add cumulatively over Rs 1.2 trn in m-cap

The valuation of TCS jumped Rs 36,158.22 crore to reach Rs 11,71,082.67 crore

Infosys appoints Chitra Nayak as independent director

IT services major Infosys on Wednesday announced the appointment of former Salesforce executiveChitra Nayak as an independent director. Her appointment, effective March 25, 2021, is based on recommendation of the Nomination and Remuneration Committee of the Infosys Board, a regulatory filing said. The appointment is for a period of three years, subject to the approval of shareholders, it added. Nayak has over 25 years of professional experience in go-to-market, general management, and operations leadership roles at various organisations. She currently serves as a member of the board at Invitae, a medical genetics company; at Morneau Shepell, a tech-enabled HR services company; at Forward Air, a freight and logistics company; and at Intercom, a messaging platform company, the filing said. She also advises startups on go-to-market strategies. Most recently, she was the Chief Operating Officer (COO), overseeing the go-to-market strategy at Comfy, a real-estate tech startup. Previou

Accenture Q2FY21 earnings: Five ways in which it can impact Indian IT

Accenture's Q2FY21 revenue beat, bookings at historically high and improvement in demand trends even in stressed verticals were among the key highlights from Accenture's Q2 show

Nifty IT index slips over 4% on profit booking; Infosys, HCL Tech tank 5%

In the month of March, the IT index has outperformed the market by surging 7.7 per cent as against a 1.3 per cent gain in the benchmark index till Wednesday

IT shares in demand; Infosys, LTTS, Sonata Software hit record highs

Thus far in the month of March, the BSE IT index has rallied 10 per cent, against 3 per cent gain in the Sensex

TCS, Infosys: These IT stocks may help Nifty50 claim new high

An up move above 26,000 levels may trigger a rally towards 27,000-mark in the Nifty IT index

$500 mn deal with Google pulls Infosys in focus; analysts see 35% upside

Even after a 164 per cent rally since its 52-week lows hit in March 2020, the Salil Parekh-led firm remains Credit Suisse top pick in the IT space