Indian software giant Infosys Technologies saw its shares dip nearly seven percent Friday after it reported a single digit rise in yearly revenues and also missed quarterly profit estimates. The country's second largest IT services exporter said its ...
INFY). The stock is rated as one of the two top picks in the sector at Cowen. The company provides IT consulting and business process outsourcing services worldwide. It operates through four segments: Financial Services; Healthcare; …
The share price of Infosys Ltd came under pressure on Wednesday as global equity research firm CLSA said its stock could fall 40% from the current levels in 12 months. The research firm's sales team in Hong Kong said this in a note to …
Are there signs that the new strategy has started working? To find out ... As far as I can see, there are two reasons. First, Infy's stock got hammered through last year, and in that context, it might be making some recovery. Second, Infosys
In the eighth major exit since the return of Mr. Murthy six months ago, V Balakrishnan, Infosys head of BPO business, quit the company this month. Despite high-level exits since June this year, Infosys shares still retain a gain of nearly 50 per …
Infosys is taking several steps to control a record-high attrition, which led to nearly one in five employees quitting India's second largest IT outsourcer last fiscal. Infosys chief financial officer Rajiv Bansal told Nomura analysts Ashwin Mehta …
Tuesday’s results by India’s second-largest software exporter by sales, Infosys Technologies Ltd., are a case in point. Over the past one month, traders had been driving the stock higher on hopes that the company would exceed …
Shares of IT bellwether Infosys tumbled by about 11% in early trade today following weak revenue guidance by the company for the current fiscal, 2012-13, disappointing investors. The scrip, which carries the maximum weight on the …
Infosys stock has room for more correction.” Infosys, Tata Consultancy Services, and No.3 exporter Wipro, part of the country’s showpiece and export-driven outsourcing sector, have benefited from cost-conscious overseas customers …