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Infosys To Establish Digital Technology And Innovation Center In Stuttgart
Infosys Exec Says Sees Good Pipeline Of Deals
Infosys Reports June-Qtr Voluntary Attrition LTM For IT Services At 13.9% Vs 15.6% Yr Ago
Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services. The Company, along with its subsidiaries, provides business information technology services comprising application development and maintenance, independent validation, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; consulting and systems integration services comprising consulting, enterprise solutions, systems integration and advanced technologies; products, business platforms and solutions to accelerate intellectual property-led innovation, including Finacle, its banking solution, and offerings in the areas of Analytics, Cloud and Digital Transformation. Its segments are Financial Services and Insurance (FSI), Manufacturing and Hi-tech (MFG & Hi-TECH), Energy & utilities, Communication and Services (ECS), Retail, Consumer packaged goods and Logistics (RCL), and Life Sciences and Healthcare (LSH).
Software & Programming
Electronics City Hosur Rd
Nandan M. Nilekani
Non-Executive Non-Independent Chairman of the Board
Salil S. Parekh
Chief Executive Officer, Managing Director, Whole Time Director
Ravi Kumar S.
President, Deputy Chief Operating Officer
Jayesh Dhanvantkumar Sanghrajka
Deputy Chief Financial Officer, Executive Vice President
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Indian outsourcing giant Infosys Ltd told employees last week they could resume work from offices, according to a memo seen by Reuters that offers an early sign of the country's $190 billion technology services sector moving to get back on track.
Infosys Ltd raised its annual revenue forecast on Wednesday, as India's second-largest IT services company wins more contracts from global businesses expanding their digital offerings during the COVID-19 pandemic.
Indian shares ended higher on Wednesday on the back of gains in information technology (IT) stocks, with analysts expecting sector bellwether Infosys to report a jump in quarterly profit after market close.
Indian shares extended gains on Tuesday, as investor sentiment remained upbeat due to strong corporate earnings and some decline in domestic cases of the novel coronavirus.
Infosys Ltd shares fell as much as 5.5% on Thursday, a day after the Indian software services firm reported quarterly net profit below analysts' estimates and on worries that a spike in voluntary attrition could squeeze margins.
Indian software services firm Infosys on Wednesday forecast annual revenue growth of 12% to 14% in constant currency terms for the year to end March 2022, buoyed by client demand for its digital services amid the coronavirus pandemic.
Indian shares notched their third straight session of gains on Wednesday, lifted by Infosys and other heavyweight information technology names, while auto stocks snapped a losing streak.
Information Technology major Infosys Ltd and consulting and outsourcing services provider Accenture Plc said on Wednesday they would cover COVID-19 vaccination costs for their employees in India, as the country expands its massive vaccination drive.
Indian shares edged lower on Friday, dragged down by index heavyweights Infosys and HDFC Bank, while Bharti Airtel rose after MSCI Global Standard Indexes said it would review the weight of the telecom operator's stock.
Indian shares inched lower on Thursday, weighed down by Infosys as investors locked in some gains after the heavy weight posted December-quarter results, while they waited for more details on a major stimulus package in the United States.
India's Infosys Ltd on Wednesday raised its annual revenue growth forecast, betting on a surge in client demand for digital services such as cloud computing and buoyed by large deal wins worth more than $7 billion in the quarter to December.
Indian shares rose on Wednesday to a record high, led by gains in Bharti Airtel after the telecom operator initiated process to increase foreign investment, and ahead of earnings from technology heavy weights Infosys and Wipro due later in the day.
Indian software services firm Infosys Ltd raised its annual revenue growth forecast on Wednesday as it posted a better-than-expected quarterly profit, buoyed by growth in demand for its digital services during the pandemic.
Shares of India's Infosys Ltd <INFY.NS> on Thursday soared 15% to a fresh record high, a day after large deal wins and tighter costs helped the country's second largest IT firm post better-than-expected profit and reinstate its full-year outlook.
India's Infosys Ltd on Wednesday reported a stronger-than-expected profit for the June quarter, as the software services firm managed to secure large deals from clients during the COVID-19 pandemic.
(This April 20 story corrects company name to TCS in fourth paragraph)
India's software services bellwether Infosys Ltd on Monday said it was unable to provide forecast for revenue and margins for the financial year 2021, blaming uncertainties stemming from the coronavirus outbreak.
* CONSIDERING BUSINESS UNCERTAINTY EMANATING FROM COVID-19, CO UNABLE TO PROVIDE GUIDANCE ON REVENUES AND MARGINS FOR FY 21 AT THIS STAGE
* PARTNERS WITH NARAYANA HEALTH CITY TO OPEN 100-BED QUARANTINE FACILITY FOR COVID-19 PATIENTS Source text for Eikon: Further company coverage:
* INFOSYS LTD - RECEIVED NOTIFICATION FROM THE SEC THAT THE SEC HAS CONCLUDED ITS INVESTIGATION
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.