INFOSYS RESULTS LIVE
Infosys shares fall 4% after IT major lowers FY27 guidance. What are Goldman Sachs, Nomura, others saying?
Infosys shares fell sharply on Monday after the IT major cut its FY27 revenue growth guidance to 1-2% from 1.5-3%, citing pricing pressure and a challenging demand environment. While Nomura remains bullish, Goldman Sachs, Morgan Stanley, Citi and Choice Institutional Equities flag growth concerns, with differing ratings and target prices.
Infosys dividend alert! IT major announces Rs 26 per share dividend. Check record date
Infosys has declared an interim dividend of Rs 26 per equity share for its shareholders. The record date for this dividend is set for November 3, with payment scheduled for November 11. This announcement follows a final dividend of Rs 25 per share declared in June.
Why is market rising today? Sensex jumps 800 points, Nifty above 23,050. 5 key factors behind D-Street rebound
The Sensex and Nifty rallied nearly 1% as strong Q2 earnings, gains in IT stocks, rupee appreciation and attractive largecap valuations lifted sentiment. However, elevated crude oil prices and rising bond yields remain key risks. Analysts expect market movements to remain stock-specific and driven by corporate earnings.
Why did market rally today? Sensex surges 1,100 points, Nifty closes above 22,700. 5 key factors behind D-Street rebound
Stock Market Today: On Tuesday, Indian equity benchmarks, Sensex and Nifty, showcased a robust recovery after a lower opening. Driving this upward momentum, IT stocks saw notable gains, particularly HCL Tech, which soared more than 5% following its impressive Q2 results.
Q3 results today: Infosys, Groww among 25 companies to announce earnings on Wednesday
Third quarter earnings season is here. Many companies, including Infosys and HDFC AMC, will reveal their results. Analysts anticipate mixed performances for these firms. Investors will closely watch company outlooks and management commentary. Key factors like deal pipelines and client spending will be under scrutiny. This period promises significant financial updates for the market.
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Stocks in news: Infosys, Groww, HDFC AMC, ICICI Lombard, Waaree Renewable
Indian markets closed slightly lower on the weekly expiry day amidst mixed signals. Analysts advise a cautious approach, suggesting selling on rises until the Nifty reclaims the 26,000 level. A breach of the 100-day EMA near 25,600 could lead to further declines. Several companies like Infosys and HDFC AMC will announce their third-quarter results today.
Infosys shares in focus following strategic AI partnership with Cognition
The integration of Infosys Topaz Fabric and Cognition’s autonomous engineering tech is expected to fast-track software development and modernisation.
Q3 results today: RIL, Infosys among 37 companies to announce earnings on Thursday
Q3 results today: Key companies such as Reliance Industries Ltd, Infosys, Axis Bank, and LTIMindtree are set to release their third quarter earnings. RIL is expected to show improved earnings due to better refining margins, while Infosys and Axis Bank may see moderate profit growth despite some challenges.
Infosys shares up 1% ahead of Q4 results announcement later today
After falling about 17.5% from the top, the stock is now at an important support level but the underlying trend is bearish. "The stock has an important support at Rs 1,350 and resistance at Rs 1,500. Heavy short positioning ahead of results, with OI up 16% and stock down 2% this expiry," Emkay Global said.
Q4 Results Today: Infosys, Bajaj Auto among 19 companies on watchlist
19 companies, incl. Infosys, Bajaj Auto, HDFC Life, to announce March quarter results today. Infosys expects 0.4% revenue decline, flat profit growth. Bajaj Auto sees 25% volume growth.
Infosys Q3 Results Preview: Revenue may fall 8% YoY on higher furloughs; will FY24 guidance see a cut?
Infosys Q3 Results Preview: Infosys is widely expected to offer a conservative commentary on the demand environment. This is particularly in the backdrop of a large deal cancellation that the company saw in the last quarter. Last month, Infosys said that a $1.5 billion deal that it had signed with a global company in the September quarter was terminated.
TCS, Infosys to announce Q3 results today: What to track, how to trade
TCS and Infosys will release their Q3 earnings today amid expectations of weak numbers. However, bulls believe that this could be the last dull quarter before revenue growth picks up in Q4. Analysts anticipate TCS to deliver 1.5% QoQ cc revenue growth driven by large deal ramp-ups, with margin expansion driven by operational efficiencies. On the other hand, Infosys is expected to see a decline in USD revenue due to seasonal furloughs and the impact of a slowdown in discretionary tech spending.
Infosys Q2 Results: PAT rises 3% YoY to Rs 6,212 crore; firm trims FY24 revenue guidance
Infosys has reported a 3% YoY growth in consolidated net profit for the quarter ended September. The company's consolidated revenue also grew nearly 7% YoY. Infosys has tweaked its guidance for FY24, expecting revenue growth of 1.0-2.5% in constant currency terms. The company retained its operating margin target of 20-22%. Infosys announced large TCV deals worth $7.7 billion for the quarter and saw a decline in attrition rate.
Humans won't let AI replace them, says Infosys founder NR Narayan Murthy
Infosys founder NR Narayan Murthy spoke about the future of AI and the viral chatbot, ChatGPT, which took the world by storm when it first debuted.
Is there a case for buying top IT stocks at current levels? Sudip Bandyopadhyay explains
‘IT will be one area which global investors will look at for parking some of their allocation’
Infosys brings back stranded employees, family from US
The Bengaluru-based software services exporter brought them back from San Francisco in a special chartered flight, two people aware of the matter told ET. The flight landed in Bengaluru on Monday morning, they said.
Infosys announces launch of the Live Enterprise Suite
"The Live Enterprise Suite enables organisations to drive process agility, deliver customer delight and enhance ecosystem value all in real time," the Bengaluru-headquartered company said in a statement.
Infosys growth continues with strong client wins
Infosys reported stronger client addition during Q3 of fiscal 2014. It added 54 clients this quarter, including one each in over $300 million and $200 million categories.
10 takeaways from Infosys Q2 FY13 results
Analysts maintain that the declines in numbers are Infosys specific issues and the IT sector is not that pessimistic at the moment. ET takes a look at 10 key takeaways from the Infosys Q2 FY13 results:
10 things to know about Infosys Q2 FY13 results
While reporting in-line with estimates profit after tax (PAT) of Rs 2370 crore, Infosys on Friday disappointed the Dalal Street by cutting its revenue guidance for FY13.
Infosys Q1 profit rises 33% to Rs 2289 crore but cuts FY13 revenue guidance to 5%
Infosys reported a consolidated net profit of Rs 2,289 cr for the quarter ended June 2012 & sees FY13 revenue growing by 5% to $7.343 bn.
Infosys Q1 FY13 results: Ten important takeaways
Even with a difficult market environment, Infosys looks to be in worse shape than the rest. It has recognised that its credibility is getting damaged.
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