Despite high-level exits since June this year, Infosys shares still retain a gain of nearly 50 per cent since its founder N R Narayana Murthy returned to the helm of affairs at the country's second largest IT firm. In the eighth major exit since the …
Infosys posted a 13.4% increase in its consolidated net profit for the April – June quarter on Friday. Compared to the same period last year, when Infosys had posted a net profit of Rs 3,028 crore, this year's profits stood at Rs 3,456 crore. …
The stock had gained 8% during the buyback period. In July, Wipro announced its decision to buyback 34.3 crore equity shares of Rs 2 each for Rs 11,000 crore, at Rs 320 per share. The timeline and other details of the Infosys repurchase …
That hypothetical peace looks even more tenuous considering an anonymous whistleblower's email to the country's stock market regulators and a handful of newspapers on Monday alleging that some members of Infosys' management team …
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New Delhi: The Infosys scrip gained nearly 5 percent on Thursday following the company's announcement that its board will on Saturday consider a proposal for buyback of equity shares. The stock jumped 4.54 percent to settle at Rs …
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; …
Infosys shares on Friday plunged by over seven per cent after the tech star’s chief executive (CEO) Vishal Sikka quit following a welter of charges and denials between him and the company’s founders led by former Chairman NR …
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 …
Shares of Bangalore-based technology consulting company Infosys (NYSE: INFY) were trading as much as 9% lower on Friday morning. Nervous investors took the stock lower as CEO Vishal Sikka unexpectedly announced his resignation …
Infosys shares had risen 20 per cent between August 1, 2014 — the day Sikka took charge — and Thursday’s close, outpacing a 5 per cent gain in the benchmark technology index of the National Stock Exchange over the same period. …