The leading IT company closed up by 1.17 percent Rs 1,459.55 from its previous close of Rs 1,442.7 after the company bagged its order from a Philippines-based company. According to Infosys, Bank of Commerce (BankCom), one of the Philippines' fastest-growing universal banks, has chosen the Infosys Finacle suite, a wholly owned subsidiary of Infosys, for [...]
The leading IT company closed up by 1.3 percent Rs 1,457.30 from its previous close of Rs 1,439. The aftermarket session company announced their strategic partnership. According to the filing, Infosys and TK Elevator declared a strategic partnership to modernize, harmonize, and consolidate TK Elevator's digital environment. In order to deliver a user-centric, business outcome-driven [...]
A large-cap IT stock gained 3.87 percent to reach an intraday high of ₹ 1,477.95 apiece after the company announced that it has entered into a framework agreement with one of its existing strategic clients to provide AI and automation-led development, modernization and maintenance services, with a targeted spend of $ 2 billion over a [...]
A ‘Blue-chip’ stock is generally defined as a stock of well-established and financially strong companies with an excellent reputation. Moreover, these companies have a long operating history, decent earnings, and pay dividends to their investors on a regular basis. Here in this article, we will look at one such Bluechip stock with an upside potential [...]
Over the year Nifty 50 has given a 15% return, however, some stocks have underperformed the index which is trading lower than their expected prices and they are unable to outreach the index. Here are three stocks widely influenced by financial and economic downturns. Adani Ports and Special Economic Zone Ltd The shares of Adani [...]
India’s biggest software companies Tata Consultancy Services (TCS) and Infosys which together make up 11 percent of the Nifty 50 index failed analysts on the March quarter front. TCS missed expectations, while Infosys delivered a shocker. Both companies missed analyst estimates in the quarterly profit as they cut-down spending on technology to prepare for a [...]
According to the Association of Mutual Funds in India, inflows into equity markets are on the rise. The inflows reached a 12-month high in March 2023 at ₹ 20,534 crores and they were at ₹ 15,685 crores in February and at ₹ 12,546 crores in January 2023. Meanwhile, the assets under management (AUM) of the [...]
Infosys Ltd shares witnessed a deep fall in stock prices after the ADR effects in US markets past week. The stock is down around 11 percent today trading at a price of Rs 1,237. It hit the 52-week low mark today at Rs 1,185.30. In the last five trading sessions itself, the stock has dipped [...]
