• Infosys shares dipped following a 21% profit rise, as a weaker-than-expected FY27 revenue growth forecast ...More

    Infosys shares dipped following a 21% profit rise, as a weaker-than-expected FY27 revenue growth forecast of 1.5% to 3.5% disappointed experts. Concerns also include a headcount drop and fewer new deals. Analysts are divided, with some maintaining 'Hold' and others 'Buy', but most have lowered price targets, citing macro uncertainties and AI's impact. ...Less

  • Indian stock markets experienced sharp losses for the third consecutive session, with Sensex and Nifty fa ...More

    Indian stock markets experienced sharp losses for the third consecutive session, with Sensex and Nifty falling over 1% each. Escalating Iran-US tensions, a surge in oil prices, and a weakening rupee spooked investors. Weak earnings from IT major Infosys also contributed to the downturn, with broader markets and IT stocks leading the decline. ...Less

  • In the June quarter, the IT major reported a 3.17% rise in net profit to Rs 5,360 crore versus Rs 5,195 c ...More

    In the June quarter, the IT major reported a 3.17% rise in net profit to Rs 5,360 crore versus Rs 5,195 crore in the same quarter last year. In constant currency terms, the company’s revenue grew by 21.4% YoY and 5.5% QoQ. The operating margin at 20.1 per cent declined 3.6 per cent YoY and 1.4 per cent QoQ. ...Less

  • Infosys has reported a 3% YoY growth in consolidated net profit for the quarter ended September. The comp ...More

    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. ...Less

  • Infosys is expected to maintain its growth momentum, reporting a 3.1% QoQ growth in constant currency (3. ...More

    Infosys is expected to maintain its growth momentum, reporting a 3.1% QoQ growth in constant currency (3.6% overall growth). ...Less

  • Infosys Q2 Results: The board approved buyback of shares worth Rs 9,300 crores at Rs 1,850 a share. The b ...More

    Infosys Q2 Results: The board approved buyback of shares worth Rs 9,300 crores at Rs 1,850 a share. The board has also announced an interim dividend of Rs 16.50 a share. ...Less

  • In the first quarter, the Bengaluru-based software exporter provided a sceptical revenue growth guidance ...More

    In the first quarter, the Bengaluru-based software exporter provided a sceptical revenue growth guidance of just 1-3% (CC terms) in FY24 as against 14-16% in FY23. ...Less

  • In the last one year, the company paid an equity dividend amounting to Rs 34 per share, resulting in a di ...More

    In the last one year, the company paid an equity dividend amounting to Rs 34 per share, resulting in a dividend yield of 2.32%. During the quarter, the company recorded the highest large deals value at $7.7 billion, spread across all verticals and geographies ...Less

  • Earnings per share (EPS)for fiscal is expected to be Rs 144, projecting 21% YoY growth and 9% higher than ...More

    Earnings per share (EPS)for fiscal is expected to be Rs 144, projecting 21% YoY growth and 9% higher than previous guidance. ...Less

  • Infosys net profit, revenue beat Street

    IT bellwether revises growth guidance to high teens. ...More

    IT bellwether revises growth guidance to high teens. ...Less

  • Infosys Q2 Preview: Revenue seen up 5% YoY; co may retain FY24 guidance

    Infosys Q2 Preview: Consolidated revenue from the quarter is seen rising only 1.4% sequentially to Rs 38, ...More

    Infosys Q2 Preview: Consolidated revenue from the quarter is seen rising only 1.4% sequentially to Rs 38,472.4 crore, according to the average of estimates given by nine brokerage firms. But on a year-on-year (YoY) basis, it is seen rising 5.3%. Consolidated net profit may rise 5% sequentially and about 4% YoY to Rs 6,240 crore, the estimates showed. ...Less

  • Infosys Q2 Results: Profit rises 5% YoY to Rs 6,506 crore; co revises FY25 revenue guidance to 3.75-4.5%

    Infosys Q2 Results: Infosys, India's second-largest software exporter, reported a 5% growth in consolidat ...More

    Infosys Q2 Results: Infosys, India's second-largest software exporter, reported a 5% growth in consolidated net profit to Rs 6,506 crore for Q2, with revenue from operations rising by 5% YoY to Rs 40,986 crore. The company revised its FY25 revenue growth guidance to 3.75%–4.5%, driven by strong financial services momentum and mega deal ramp-ups. ...Less

  • Possibility & Probability: Think twice before taking an earnings day trade in Infosys

    There was a time when the quarterly results of Infosys were bellwether for the whole IT sector. A shortfa ...More

    There was a time when the quarterly results of Infosys were bellwether for the whole IT sector. A shortfall in bottomline estimates by a few crore used to lead to decline in the market cap of the company by more than a billion dollars.That was the time when it made sense to take exposure through options by using simple strategies. But today, things have changed. While it might still be a bellwether for the industry, it may no longer be so for IT sector stocks. ...Less

  • Infosys Q2 earnings: IT major likely to revise FY20 guidance upward

    Edelweiss expects Infosys’ revenue to grow 3.5 per cent QoQ in terms of constant currency. ...More

    Edelweiss expects Infosys’ revenue to grow 3.5 per cent QoQ in terms of constant currency. ...Less

  • Infosys announces Rs 9,300 crore share buyback

    At the end of a board meeting, Infosys said it has approved the buyback of equity shares from the open ma ...More

    At the end of a board meeting, Infosys said it has approved the buyback of equity shares from the open market route through the Indian stock exchanges. The maximum buyback size is that of Rs Rs 9,300 crore, excluding buyback tax, at a price not exceeding Rs 1,850 per share, subject to shareholders' approval. ...Less

  • Infosys Q2 profit falls 2% YoY, but meets Street estimates; firm raises revenue guidance

    The second-largest IT exporter also declared an interim dividend of Rs 8 per share. ...More

    The second-largest IT exporter also declared an interim dividend of Rs 8 per share. ...Less

  • Infosys Q2 profit rises 10% YoY to Rs 4,110 crore, meets Street estimates

    The IT major had reported Rs 3,726 crore profit in the corresponding quarter last year. ...More

    The IT major had reported Rs 3,726 crore profit in the corresponding quarter last year. ...Less

  • Top takeaways from Infosys earnings: Good deal wins, digital revenue grows

    Infosys’ September quarter profit rose to Rs 4,110 crore from Rs 3,726 crore a year ago. ...More

    Infosys’ September quarter profit rose to Rs 4,110 crore from Rs 3,726 crore a year ago. ...Less

  • Don’t expect high volatility in Infosys tomorrow, say analysts

    Infosys stock price is already factoring in 8-10% growth in dollar-revenues. So, don’t expect fireworks p ...More

    Infosys stock price is already factoring in 8-10% growth in dollar-revenues. So, don’t expect fireworks post results tomorrow. ...Less

  • Infosys Q2 earnings today; here's what you should look for

    HDFC Securities has pencilled in a 2 per cent QoQ (5.9 per cent YoY) growth at $2.88 billion. ...More

    HDFC Securities has pencilled in a 2 per cent QoQ (5.9 per cent YoY) growth at $2.88 billion. ...Less

  • Road ahead: Why analysts want to upgrade Infosys post Q2 results

    Analysts remain positive on the stock and expect further re-rating post Q2 results as they expect the ope ...More

    Analysts remain positive on the stock and expect further re-rating post Q2 results as they expect the operating margins are likely to improve. ...Less

  • Can Infosys Q2 results and buyback revive the IT stock? Here's a bit of history

    In December 2017, Rs 13,000 crore share buyback was done through the tender offer route. 2019's share rep ...More

    In December 2017, Rs 13,000 crore share buyback was done through the tender offer route. 2019's share repurchase worth Rs 8,260 crore was through the open market route. The last buyback was in 0ctober 2021 which was also through the open market route and sized at Rs 9,200 crore. ...Less

  • Won’t publish details of Panaya deal probe, no plan for review: Nandan Nilekani

    Nilekani said there was no merit in the allegations of wrongdoing in Panaya acquisition. ...More

    Nilekani said there was no merit in the allegations of wrongdoing in Panaya acquisition. ...Less

  • Top IT companies may log muted Q2 growth on macro uncertainty

    Though the top tier firms have been announcing large deal wins over the past few weeks, brokerages believ ...More

    Though the top tier firms have been announcing large deal wins over the past few weeks, brokerages believe they are unlikely to translate into a major change in revenue growth forecast of the Indian IT firms. ...Less

  • Infosys beats profit estimates: 7 top takeaways

    This was the first quarterly earnings after co-founder Nandan Nilekani returned to Infosys. ...More

    This was the first quarterly earnings after co-founder Nandan Nilekani returned to Infosys. ...Less

  • Infosys net profit rises 4.7% in Q2, misses Street estimates

    The guidance change is the sixth consecutive quarterly revision and seventh in eight quarters. Infosys is ...More

    The guidance change is the sixth consecutive quarterly revision and seventh in eight quarters. Infosys is seeing a “lot of traction in financial services, which has given us good growth last quarter and this quarter,” said chief executive officer Salil Parekh. “We see that continuing.” ...Less

  • 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 ...More

    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. ...Less

  • Preview: Infosys likely to raise FY22 guidance on strong deal momentum

    The Bengaluru-based company is expected to report a 5.2 per cent sequential growth in consolidated revenu ...More

    The Bengaluru-based company is expected to report a 5.2 per cent sequential growth in consolidated revenues to Rs. 29,335 crore for the quarter ended September. The topline growth will be complemented by 1.6 per cent quarter-on-quarter rise in consolidated net profit to Rs. 5,275 crore, said analysts. ...Less

  • Infosys delays Q2 earnings announcement to October 24

    Large Indian IT firms like Infy and TCS usually announce their results in the first fortnight. ...More

    Large Indian IT firms like Infy and TCS usually announce their results in the first fortnight. ...Less

  • Infosys Q2 earnings: IT stocks on a high after IT bellwether meets Street expectations

    The IT Index rallied 45% over the last one year and 3.12% on Friday to hit a high of Rs 8514 after Infosy ...More

    The IT Index rallied 45% over the last one year and 3.12% on Friday to hit a high of Rs 8514 after Infosys posted second quarter (July-Sept) results. ...Less

  • Infosys hits 3-month high on strong guidance; up 15% post Q1 nos

    Infosys rallied 15% as the sentiment turned bullish after the co left FY14 sales growth guidance in dolla ...More

    Infosys rallied 15% as the sentiment turned bullish after the co left FY14 sales growth guidance in dollar terms unchanged at 6-10%. ...Less

  • 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 ...More

    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. ...Less

  • Infosys to announce Q3 earnings on Jan 12; all eyes on deal pipeline

    The earnings come at a time when the industry is seeing massive layoffs that have surpassed the levels fr ...More

    The earnings come at a time when the industry is seeing massive layoffs that have surpassed the levels from the Great Recession the world went through 2008-2009 ...Less

  • Infosys shares jump 7% on Q3 results. Is the downgrade cycle over?

    Infosys shares surge as Q3 results beat expectations. While FY24 revenue growth guidance was tightened, a ...More

    Infosys shares surge as Q3 results beat expectations. While FY24 revenue growth guidance was tightened, analysts are betting that Q3 was the bottom for the earnings downgrade cycle for the IT major. We expect growth to accelerate in FY25 on account of the ramp-up of large deals, strong deal pipeline and expected recovery in discretionary spending, said Emkay Global. ...Less

  • Infosys shares climbs 1% ahead of Q4 earnings

    Kotak Institutional Equities expects the company to give an 8-10 per cent revenue growth guidance in cons ...More

    Kotak Institutional Equities expects the company to give an 8-10 per cent revenue growth guidance in constant currency terms for FY2020. ...Less

  • 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 disappo ...More

    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. ...Less

  • 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 ...More

    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. ...Less

  • Q2 results today: Infosys, Wipro, Nestle, Axis Bank among 38 companies to announce earnings on Thursday

    Today, 38 companies announce their Q2 FY24 results, including Infosys, Wipro, Axis Bank, and Nestle India ...More

    Today, 38 companies announce their Q2 FY24 results, including Infosys, Wipro, Axis Bank, and Nestle India. Infosys is poised for healthy growth driven by mega-deals, whereas Wipro may see a revenue decline. Axis Bank is expected to boost net profit by 8% with rising NII, and Nestle India projects a 5-7% revenue uptick. ...Less

  • Infosys to report first quarterly results with Nilekani back at helm on Tuesday; 5 things to expect

    Many brokerages feel that the second quarter earnings is likely to be soft for the IT major. ...More

    Many brokerages feel that the second quarter earnings is likely to be soft for the IT major. ...Less

  • Resilient Q2 show, buyback to offer support to Infy stock in the short term

    Infosys reported a 4% sequential jump in CC revenue for the September quarter, which was similar to the p ...More

    Infosys reported a 4% sequential jump in CC revenue for the September quarter, which was similar to the peers. However, the reported growth of 2.5% in revenue at $ 4,555 million was better than the 1.4% and 1.9% increase reported by TCS and HCL Tech while being a tad higher than the 2.3% growth reported by Wipro. ...Less

  • Be stock-specific to protect your portfolio currently: Sudip Bandyopadhyay

    "As and when the big ticket reform starts kicking in, India will start getting re-rated and the valuation ...More

    "As and when the big ticket reform starts kicking in, India will start getting re-rated and the valuations will start looking attractive once again." ...Less

  • Infosys announces 6-8% salary hike effective from October

    This is in line with hikes given by its rivals. For onsite employees, the hike is 2%. The company made th ...More

    This is in line with hikes given by its rivals. For onsite employees, the hike is 2%. The company made the announcement after it declared Q2 earnings. ...Less

  • 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 be ...More

    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. ...Less

  • IRFC Q2 Results: PAT jumps 10% YoY to Rs 1,777 crore, revenue falls 8%. Rs 1.05/share dividend announced

    IRFC Q2 Results: Indian Railway Finance Corporation (IRFC) reported a 10% year-on-year growth in its Sept ...More

    IRFC Q2 Results: Indian Railway Finance Corporation (IRFC) reported a 10% year-on-year growth in its September quarter net profit, reaching Rs 1,777 crore. However, total revenue from operations declined by 8% to Rs 6,372 crore compared to the previous year. The company also announced an interim dividend of Rs 1.05 per share. ...Less

  • Infosys reports highest ever large deal wins; key takeaways from Q2 results

    Thanks to Covid-19, voluntary attrition for IT services declined to 7.8 per cent from 18.3 per cent in Q2 ...More

    Thanks to Covid-19, voluntary attrition for IT services declined to 7.8 per cent from 18.3 per cent in Q2FY20. ...Less

  • Risk reward in Infosys unfavourable at current levels: Nomura

    Nomura is of the view that the euphoria around Infosys' Q1 results is unwarranted as growth sustainabilit ...More

    Nomura is of the view that the euphoria around Infosys' Q1 results is unwarranted as growth sustainability and margin risks remain for the company. ...Less

  • Bullish on Infosys: Prakash Diwan, Altamount Capital Management

    'I am quite bullish on the story and because of that, it becomes a very good opportunity to have the tax ...More

    'I am quite bullish on the story and because of that, it becomes a very good opportunity to have the tax harvesting from a short term capital loss.' ...Less

  • Ahead of Q4 numbers, some D-Street experts chant ‘long Infosys, short TCS’

    TCS gained 3.3% in past one month while Infy clocked up 6%. As far as stock performance is concerned, TCS ...More

    TCS gained 3.3% in past one month while Infy clocked up 6%. As far as stock performance is concerned, TCS has lagged Infosys on one-month and YTD basis. ...Less

  • Infosys' Q1 good; guidance revision likely after H1 if Q2 numbers better: Pankaj Sharma, Equirus Securities

    "If you look at it in the backdrop of the industry average, I should think that Infosys' numbers are good ...More

    "If you look at it in the backdrop of the industry average, I should think that Infosys' numbers are good, given the challenges the industry in facing." ...Less

  • Infosys beats Street estimates: 5 key takeaways from Q1 results

    On a year-on-year basis, profit after tax advanced 1.36% for the quarter in rupee terms. ...More

    On a year-on-year basis, profit after tax advanced 1.36% for the quarter in rupee terms. ...Less

  • Share market update: IT shares down; TCS slips 2%

    Benchmark NSE Nifty50 index was down 14.10 points at 10,807.50 around 10:46 am while the BSE Sensex was d ...More

    Benchmark NSE Nifty50 index was down 14.10 points at 10,807.50 around 10:46 am while the BSE Sensex was down 45.05 points at 36,061.45. ...Less

  • Why Infosys shares plunged 6% after Q4 nos, share buyback

    Analysts believe the Rs 9,200 crore share buyback announced by the IT major should protect the downside f ...More

    Analysts believe the Rs 9,200 crore share buyback announced by the IT major should protect the downside for the stock. ...Less

  • Infosys Q2 results: 6 major takeaways for Dalal Street investors; what experts say

    The software major sees revenue growing 1.0-2.5% in constant currency terms in FY24, compared to 1.0-3.5% ...More

    The software major sees revenue growing 1.0-2.5% in constant currency terms in FY24, compared to 1.0-3.5% earlier. This is primarily due to a slowdown in discretionary spending, the company said in a post-earnings press conference. While Infosys cut the upper end of its revenue growth guidance, the company retained its operating margin target of 20-22%. ...Less

  • Infosys slips 6%, fails to cheer Dalal Street post Q4 results; here's what experts say

    Infosys plunged 5.95% on Friday, after India's second largest software firm reported a 2.6% sequential de ...More

    Infosys plunged 5.95% on Friday, after India's second largest software firm reported a 2.6% sequential decline in quarterly profit. ...Less

  • Wipro shares under selling pressure ahead of Q4 results

    Wipro Share Price: Following disappointing Q4 results from Infosys, investor sentiment towards IT stocks ...More

    Wipro Share Price: Following disappointing Q4 results from Infosys, investor sentiment towards IT stocks soured, leading to pressure on Wipro shares. Wipro is slated to unveil its March quarter numbers post-market hours. ...Less

  • Infosys good for long term: Peter Elston,Aberdeen Asset Management Asia

    If you need the money in 6 months' time, I would be very cautious about adding to Infosys at this point. ...More

    If you need the money in 6 months' time, I would be very cautious about adding to Infosys at this point. ...Less

  • Infosys tanks 6% on dismal Q4; Market cap dips Rs 14,000 crore

    The stock plunged 5.95 per cent to settle at Rs 1,996.25 on the BSE. In intra-day, it had tanked 6.62 per ...More

    The stock plunged 5.95 per cent to settle at Rs 1,996.25 on the BSE. In intra-day, it had tanked 6.62 per cent to Rs 1,982. ...Less

  • 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 e ...More

    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. ...Less

  • After Market: TCS, Infosys fall ahead of Q2 earnings; Airtel, Vodafone surge on Jio’s charge on voice calls

    Nifty IT index bucked the overall bullish trend and ended in the red. ...More

    Nifty IT index bucked the overall bullish trend and ended in the red. ...Less

  • Infosys shares drop 3% on Q4 miss. Should you buy, sell or hold?

    Infosys Share Price: Infosys shares fall 3% after revenue decline. EBIT margin declines to 20.1%. FY25 re ...More

    Infosys Share Price: Infosys shares fall 3% after revenue decline. EBIT margin declines to 20.1%. FY25 revenue growth guidance impacted by discretionary spending weakness. Brokerages cut target prices. Analysts remain optimistic about Infosys' growth potential in the future. ...Less

  • See very good opportunities in M&A environment; will evaluate entities offering good fit: Infosys CEO

    While Infosys is on "look out at all times" for good acquisitions, "this is a good environment for findin ...More

    While Infosys is on "look out at all times" for good acquisitions, "this is a good environment for finding it", Parekh said. ...Less

  • Infosys Q2 FY13 results: Company may continue to face selling pressure in near term

    Infosys posted yet another dismal performance in the second quarter ended September on Friday, with margi ...More

    Infosys posted yet another dismal performance in the second quarter ended September on Friday, with margins falling and revenue growth failing to meet expectations. ...Less

  • Would like to see Infosys strategy & Sikka’s offers under new management: James Friedman

    If you look at the referendum over the last couple of years, Infosys is clearly better managed, was bette ...More

    If you look at the referendum over the last couple of years, Infosys is clearly better managed, was better managed, says James Friedman. ...Less

  • Infosys Q4 earnings: Will Team Salil Parekh surprise on Friday

    ICICI Securities believes Infosys’ Q4FY19 revenue growth should be strong at 2.4 per cent QoQ. ...More

    ICICI Securities believes Infosys’ Q4FY19 revenue growth should be strong at 2.4 per cent QoQ. ...Less

  • Infosys shares are extremely good valued: Peter Elston, Aberdeen Asset Management Asia

    With respect to Infosys specifically, on numbers, the valuations are looking quite rich if you are lookin ...More

    With respect to Infosys specifically, on numbers, the valuations are looking quite rich if you are looking at March 2011 numbers. ...Less

  • Infosys guidance for FY21 estimates 0-2% revenue growth: Key takeaways

    The company gave a revenue growth guidance in the 0-2 per cent range in constant currency terms for FY 21 ...More

    The company gave a revenue growth guidance in the 0-2 per cent range in constant currency terms for FY 21, while 0perating margin is seen in the 21-23 per cent range. ...Less

  • 10 takeaways from Infosys’ Q1 earnings: Panaya pain and a surprise bonus

    The board threw a surprise approving issuance of one free share for every share held. ...More

    The board threw a surprise approving issuance of one free share for every share held. ...Less

  • Infosys remains shaky as CFO Balakrishnan steps down

    "All that could probably go wrong with Infosys has gone wrong," said Rajni Ghildiyal of Mumbai-based brok ...More

    "All that could probably go wrong with Infosys has gone wrong," said Rajni Ghildiyal of Mumbai-based brokerage Asit C Mehta Invest. ...Less

  • Axis Bank Q3 Results: PAT jumps 4% YoY to Rs 6,304 crore, misses estimates

    Axis Bank Q3 Results: The lender reported interest income of Rs 30,954 crore in Q3 FY25, an 11% increase ...More

    Axis Bank Q3 Results: The lender reported interest income of Rs 30,954 crore in Q3 FY25, an 11% increase from Rs 27,961 crore in the same period last year. It reported Rs 30,954 crore in interest income for Q3 FY25, an 11% rise from Rs 27,961 crore in the same period last year. Interest expenses grew 12% to Rs 17,348 crore from Rs 15,429 crore. Sequentially, PAT declined 9% to Rs 6,918 crore compared to Q2 FY25. ...Less

  • ET View: Infosys Q3 FY13 earnings indicate that turnaround is on the way for the IT major

    Infosys which has made a habit of delivering bad news on results day, today surprised by not reducing its ...More

    Infosys which has made a habit of delivering bad news on results day, today surprised by not reducing its revenue guidance. ...Less

  • Infosys plunges 6%; what 5 top foreign brokerages say

    The stock fell as the company lowered its margin guidance to 22-24 per cent for FY19. ...More

    The stock fell as the company lowered its margin guidance to 22-24 per cent for FY19. ...Less

  • Q2 results: Most brokerages remain ‘neutral’ on Infosys

    Foreign brokerages have maintained their recommendations on IT major Infosys after the company disappoint ...More

    Foreign brokerages have maintained their recommendations on IT major Infosys after the company disappointed on revenue and earnings guidance for FY2013. ...Less

  • Sensex, Nifty open with minor gains amid pressure in financial stocks

    The market breadth was skewed in favour of the bulls with 30 stocks trading in the green. Bharat Petroleu ...More

    The market breadth was skewed in favour of the bulls with 30 stocks trading in the green. Bharat Petroleum Corporation (BPCL), Eicher Motors, Titan Company, Adani Ports and ONGC were among the top gainers while Tata Consultancy Services (TCS), Bajaj Finance, Infosys, Divi's Laboratories and Tata Consumer Products were among the top laggards. ...Less

  • IT Q4 Preview: Tech giants to see modest quarter; all eyes on FY25 guidance

    IT companies anticipate modest growth in the upcoming quarter with a keen eye on FY25 guidance. TCS will ...More

    IT companies anticipate modest growth in the upcoming quarter with a keen eye on FY25 guidance. TCS will lead the earnings season, while midcap companies are expected to outperform largecaps. Strong deal flows and margin expansion anticipated. ...Less

  • What changed your markets while you were sleeping

    Let's check out what all might matter to DalalStreet through the day. ...More

    Let's check out what all might matter to DalalStreet through the day. ...Less

  • 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 cau ...More

    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. ...Less

  • What changed your markets while you were sleeping

    Let’s check out what all might influence Dalal Street through the day. ...More

    Let’s check out what all might influence Dalal Street through the day. ...Less

  • Infosys Q4 Results Preview: Weak discretionary spending to weigh on sales, FY25 guidance seen conservative

    Infosys Q4 Preview: For the quarter ended March, the company’s consolidated revenue is seen dropping 0.4% ...More

    Infosys Q4 Preview: For the quarter ended March, the company’s consolidated revenue is seen dropping 0.4% sequentially, while growing 3.2% year-on-year (YoY) to Rs 38,650 crore, according to the average of estimates given by 10 brokerage firms. ...Less

  • Infosys earnings shocker wipes off Rs 73,000 crore from company's market cap

    Infosys, India's second-largest software services company, saw its shares plunge by nearly 15% on Monday, ...More

    Infosys, India's second-largest software services company, saw its shares plunge by nearly 15% on Monday, wiping out INR 73,060.65 crore ($9.7bn) of its market valuation, after it reported lower-than-expected growth in net profit for Q4 and provided weak revenue growth guidance of 4-7% for FY24. Following the news, other IT companies such as HCL Technologies, Tata Consultancy Services, and Wipro fell by 3-6%. Infosys' revenue growth for FY23 came in lower than anticipated, with the company citing "unplanned project ramp downs and decision-making delays by some clients. ...Less

  • Infosys Q3 results preview: PAT may grow up to 12% YoY; furloughs to impact revenue, sequentially

    Infosys is expected to report revenue growth between 4.8% and 6.7% YoY in Q3FY25, with net profit likely ...More

    Infosys is expected to report revenue growth between 4.8% and 6.7% YoY in Q3FY25, with net profit likely to rise 5.4% to 12%. Brokerages attribute the sequential revenue decline to furloughs and currency headwinds. Investors should watch for updates on cost projects, banking verticals, and demand revival in developed markets. ...Less

  • Infosys shares in focus on AI-first framework to capture $400 bn services opportunity. What are brokerages saying?

    Infosys shares are in focus after it unveiled Infosys Topaz, its AI-first framework, aimed at helping ent ...More

    Infosys shares are in focus after it unveiled Infosys Topaz, its AI-first framework, aimed at helping enterprises unlock AI value at scale. Analysts see an incremental $300–400 billion AI services opportunity by 2030. Motilal Oswal maintains a Buy rating, Morgan Stanley an Equal Weight rating, while Q3FY26 results show stable margins and 9% revenue growth. ...Less

  • Panaya acquisition remains a bug in the Infosys code

    Parekh, who took charge in January, wants to consolidate gains in fiscal 2020 before accelerating in fisc ...More

    Parekh, who took charge in January, wants to consolidate gains in fiscal 2020 before accelerating in fiscal 2021. ...Less

  • Eternal Q2 Preview: Blinkit to power 137% YoY topline surge, but among villains for up to 71% PAT fall. 5 things to watch

    Eternal, Zomato's parent, anticipates robust revenue growth in Q2, fueled by its quick commerce arm, Blin ...More

    Eternal, Zomato's parent, anticipates robust revenue growth in Q2, fueled by its quick commerce arm, Blinkit. However, profitability may dip year-on-year due to expansion costs and rider incentives. Analysts foresee strong topline momentum but caution on margin recovery amidst intense competition. ...Less

  • What changed your markets while you were sleeping

    TCS reported higher revenues for the third quarter of the fiscal year. ...More

    TCS reported higher revenues for the third quarter of the fiscal year. ...Less

  • Expect Infosys to underperform in the coming months: Deepesh Pandey, IIFL Capital

    There is a margin drop & revenue growth has missed guidelines. One can expect a sharper revision, downwar ...More

    There is a margin drop & revenue growth has missed guidelines. One can expect a sharper revision, downward revision in full year revenues. ...Less

  • Ten largecap stocks that may rise up to 44% despite demonetisation shock

    While demonetisation is hailed as one of the strong measures to weed out black money, the implications on ...More

    While demonetisation is hailed as one of the strong measures to weed out black money, the implications on the economy will be negative in the short term. ...Less

  • Infosys results: Analysts' take on Infosys Q4 earnings results

    In a chat with ET Now, analysts talk about the impact of Infosys Q4 earnings results on its share price a ...More

    In a chat with ET Now, analysts talk about the impact of Infosys Q4 earnings results on its share price and other IT stocks. ...Less

  • Market movers: Gold loan lenders surge, brokers tank; 75 stocks give 'sell' signals

    Here is a lowdown on what happened in Monday's session. ...More

    Here is a lowdown on what happened in Monday's session. ...Less

  • Top 10 wealth-creating ideas for falling market

    While the ongoing selloff is largely led by global factors, experts say it is an opportunity for investor ...More

    While the ongoing selloff is largely led by global factors, experts say it is an opportunity for investors who are looking at an investment horizon of 2-3 years. ...Less

  • Infosys under pressure; brokerages cautious on the stock

    Infosys pared some of the intraday losses, after slipping over 8 per cent in opening trade, its biggest d ...More

    Infosys pared some of the intraday losses, after slipping over 8 per cent in opening trade, its biggest drop since April 2012. ...Less

  • TRACK SENSEX, NIFTY LIVE: Who moved my market today

    If you are reading this, chances are Sensex and Nifty are part of your daily life, and actions on Dalal S ...More

    If you are reading this, chances are Sensex and Nifty are part of your daily life, and actions on Dalal Street can make or mar your day. Hence this effort to keep you up to date on LIVE market. ...Less

  • Market may be tentative, opportunities are not: 7 stock ideas to make money

    The news on the monsoon front is good. The first wave of March quarter results shows early signs of earni ...More

    The news on the monsoon front is good. The first wave of March quarter results shows early signs of earnings revival in some pockets of India Inc. ...Less

  • UID will provide great business opportunities to IT cos: Sandip Kumar Agarwal, Antique Stock Broking

    IT cos will get business into digitisation, scanning, and major business into software maintenance upgrad ...More

    IT cos will get business into digitisation, scanning, and major business into software maintenance upgradation on the UID platforms. ...Less

  • TCS and Infosys log muted sales growth

    At the post-results briefings, senior executives at Infosys and TCS said there were few signs of recovery ...More

    At the post-results briefings, senior executives at Infosys and TCS said there were few signs of recovery in global demand for technology services, which has been buffeted by macroeconomic and geopolitical uncertainty for nearly two years now. ...Less

  • India a stock pickers' market; top ten stocks to bet on for next 12 months

    India has always been a stock pickers' market. Here is a list of 10 stocks from different brokerage firms ...More

    India has always been a stock pickers' market. Here is a list of 10 stocks from different brokerage firms for 6-12 months. ...Less

  • Infy, Eternal Q2 report; Zepto's latest funding round

    Happy Friday! As the earnings season progresses, IT giants Infosys and Wipro, and Eternal, reported their ...More

    Happy Friday! As the earnings season progresses, IT giants Infosys and Wipro, and Eternal, reported their Q2 numbers. This and more in today's ETtech Morning Dispatch. ...Less

  • Q3 earnings, FII flows among 10 factors that will steer D-Street this week

    "Benchmark indices ended the first week of 2024 with minor losses, and the midcap index ended the week wi ...More

    "Benchmark indices ended the first week of 2024 with minor losses, and the midcap index ended the week with gains for the second consecutive week. Sectoral indices ended the week on a mixed note. Eight out of 12 sectors rose while four declined. The realty sector was the top gainer, rising more than 7%," Arvinder Singh Nanda, Senior Vice President of Master Capital Services, said. ...Less

  • Experts reaction on Infosys Q2 results

    Infosys Technologies, country's second-largest software services exporter, beat street estimates with a 1 ...More

    Infosys Technologies, country's second-largest software services exporter, beat street estimates with a 13 per cent rise in quarterly net profit helped by increased spending on IT projects by clients. ...Less

  • Infosys Q1 net profit jumps 11% to Rs 5,945 crore; Fresh layoffs begin at Dunzo

    The company sharply cut its FY24 revenue growth estimate on the back of an uncertain global environment. ...More

    The company sharply cut its FY24 revenue growth estimate on the back of an uncertain global environment. Infosys now sees revenue growing just 1-3.5% in constant currency terms, against 4-7% earlier. ...Less

  • Exclusive: Flipkart-Zepto deal talks drop out of cart

    Happy Friday! Ecommerce major Flipkart held talks with Zepto for a potential deal. More on that in today’ ...More

    Happy Friday! Ecommerce major Flipkart held talks with Zepto for a potential deal. More on that in today’s ETtech Morning Dispatch. ...Less

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