Infosys’ American Depositary Receipts (ADRs) fell more than 7% on Thursday, hitting an intraday low of $14.59 in early trade, while Wipro’s ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian stock markets, with the weakness spilling over to Wall Street.The broader U.S. tech drag added pressure […]
Infosys Ltd, one of India’s leading information technology companies, was set for strong buying on Friday, January 16, after several brokerage firms raised their target prices following a positive surprise from the company. Infosys raised its constant currency revenue growth expectations for FY26 from the previous range of 2-3% to 3-3.5%, signaling a clearer improvement […]
India’s second-largest IT services company on Wednesday reported a 2% year-on-year (year-on-year) decline in its consolidated net profit at Rs 6,654 crore in the third quarter, compared to Rs 6,806 crore in the previous year’s quarter. Revenue from operations during the same period rose 9% year-on-year to Rs 45,479 crore.The company has revised up its […]
Shares of IT giant Infosys are likely to remain in the spotlight today as the record date for the much-awaited Rs 18,000 crore share buyback falls tomorrow, November 14. Investor attention has surged following the announcement, with multiple brokerage firms and research heads offering strategic advice ahead of the deadline.The record date for a repurchase […]
Infosys, one of India’s leading IT giants, is set to focus more on dividends today as investors keep an eye on the company’s announced interim dividend of Rs 23 per share. The stock is trading at an interim dividend of 460%, and today is the last day to buy Infosys shares to qualify for the […]
American Depository Receipts (ADRs) from Infosys fell more than 2% in early American trade to a low point of $ 16.66, while Wipro ADRS dropped 1.3% to $ 2.68, after Accenture reported his win in the fourth quarter earlier today. The results of Accenture, often seen as a harbinger for the wider IT sector, defeat […]
It Giant Infosys launched his largest stock buying ever on Friday 12 September. The move comes at a time when the Bear Market shares remain, with 23% of their peak, even when they have collected the last four trade sessions pending this announcement. Here is everything you need to know about the 5th return of […]
Leading IT service player Infosys LTD announced a purchase of RS 18,000 crore on Thursday via a tender route, the largest since the list. The IT-Majoor, based in Bengaluru, will purchase around 10 crore shares, which represents 2.41% of equity on RS 1,800 each, which will be 19% premium compared to the current market price. […]
India’s second largest IT service company Infosys will consider a proposal for purchasing the shares of the company during its meeting held on 11 September 2025. The company inquired about development after market hours today. Infosys shares ended in RS 1,436.10 on the NSE, a fall with RS 8.50 or 0.59%. The stock buying plan […]