Infosys Ltd. News

NSE: Infosys Industry : IT - Software

Infosys gains on reporting 12% rise in Q3 consolidated net profit

Total consolidated income of the company increased by 22.01% at Rs 32,379 crore for Q3FY22

13 Jan 2022, 09:57 AM

bookmark

Infosys working closely with Income Tax Department on tax portal

It was launched in June last year and stakeholders had reported glitches and difficulties in the functioning of the portal

13 Jan 2022, 10:10 AM

bookmark

Infosys reports 12% rise in Q3 consolidated net profit

Total consolidated income of the company increased by 22.01% at Rs 32,379 crore for Q3FY22

12 Jan 2022, 16:47 PM

bookmark

Infosys positioned as leader in IDC MarketScape

IDC MarketScape evaluated 14 managed multicloud service providers based on their service coverage and lifecycles, portfolio, revenue, and partner network

22 Dec 2021, 10:29 AM

bookmark

Infosys partners with CSC

Through this engagement, CSC and Infosys will work together to upskill students and learners from underprivileged communities

20 Dec 2021, 09:26 AM

bookmark

Infosys zooms on the BSE

The company has extended digital innovation partnership with Australian Open

17 Dec 2021, 14:31 PM

bookmark

Infosys shines on extending digital innovation partnership with Australian Open

The multiyear commitment builds on the last three years of high impact between Infosys and the AO

16 Dec 2021, 09:30 AM

bookmark

Infosys extends digital innovation partnership with Australian Open

The multiyear commitment builds on the last three years of high impact between Infosys and the AO

16 Dec 2021, 09:15 AM

bookmark

Infosysa arm acquiring 100% stake in Singtel's delivery center in Malaysia

The cost of acquisition is up to Singapore Dollar 6 Million including the value of net assets, subject to customary closing adjustments

15 Dec 2021, 09:26 AM

bookmark

Infosys gains on partnering with Orion Corporation to transform ERP and Planning Platforms

Through this engagement, Infosys will adopt standardized best SAP practices to enable end-to-end visibility across Orionas operations

14 Dec 2021, 15:02 PM

bookmark

Infosys partners with Orion Corporation to transform ERP and Planning Platforms

Through this engagement, Infosys will adopt standardized best SAP practices to enable end-to-end visibility across Orionas operations

14 Dec 2021, 14:51 PM

bookmark

Infosys collaborates with Packable

The strategic collaboration will strengthen Packableas ability to offer its brand partners an engaging, innovative, and agile Direct to Consumer platform

10 Dec 2021, 09:18 AM

bookmark

Infosys positioned as leader in Gartner Magic Quadrant for IT Services

The company has been recognized for its ability to execute and completeness of vision in this space

09 Dec 2021, 15:32 PM

bookmark

Infosys climbs as its business process management arm expanding presence in Ireland

The new center in Waterford will provide voice support, customer service and technical support operations for large global enterprises

08 Dec 2021, 14:35 PM

bookmark

Infosysa business process management arm expanding presence in Ireland

The new center in Waterford will provide voice support, customer service and technical support operations for large global enterprises

08 Dec 2021, 14:29 PM

bookmark

Infosys inches up on collaborating with Financial Times

The company will leverage digital innovation to support the latest creative and engaging data-led storytelling experiences for FTas readers

07 Dec 2021, 14:33 PM

bookmark

Infosys collaborates with Financial Times

The company will leverage digital innovation to support the latest creative and engaging data-led storytelling experiences for FTas readers

07 Dec 2021, 14:28 PM

bookmark

Today's price summary

Stock DNA

1 Years Returns

STOCK

-59.22

SECTOR

-61.29

SENSEX

-75.14

Industry

IT - Software

MARKET CAP

Rs 7,95,955 Cr

PE (TTM)

37.11

DIVIDEND YIELD

1.59%

Moving average Buy Sell
Technical Indicator Buy Sell
Moving average Buy Sell
Technical Indicator Buy Sell
Moving average Buy Sell
Technical Indicator Buy Sell

As of November 2021, the market capitalisation of Infosys is USD 100.15 billion. Infosys offers technology consulting and solutions to global companies. They have a client base spread over 45 countries, creating and executing business solutions for companies in their digital transformation. They are the second-largest software exporter from India. 

Company background 

Infosys was formerly known as Infosys Technologies Ltd., founded in 1981 by N. R. Narayana Murthy and six IT professionals in Pune, India. Murthy started the company with an initial capital of USD 250. In 1993, Infosys became a publicly-traded company by listing in the bourses. In 1999, it became the first Indian IT company to debut in the NASDAQ, making it the costliest share in that time. In the same year, Infosys’s revenue touched USD 100 million milestones. Currently, it ranks among the top 20 companies in terms of market values in the NASDAQ and features in the NASDAQ-100 index. It earned a revenue of USD 14.91 billion in Q2 FY22. 

Infosys provides end-to-end solutions helping its clients to leverage the power of technology and defines, design, and deploy IT-enabled business solutions. It has 200 offices located in 46 countries as of March 31, 2021. 

Infosys BPO is a majority-owned subsidiary that provides business process management services. 

When the Infosys IPO launched, it was undersubscribed and needed a bailout from Morgan Stanley, which picked up 13% of shares. The stocks were then listed in the exchange at Rs 145, at a 52% premium. A Rs 9500 invested in the IPO now has a net worth of Rs 2 crore and Rs 20 lakh earned in dividend. 

Company’s financial performance 

  • Infosys is one of the major winners of the pandemic induced spurt of IT growth. They reported a significant rise in demand for their products and services like cloud solutions. 
  • The company’s quarterly profit consolidated net profit climbed 12% compared to last year.
  • The net profit volume rose to Rs 5,421 crore against Rs 4845 crore same quarter last year.
  • Their revenue increased to Rs 29,602 from Rs 24,570 during Q2 FY21.

 Follow Infosys stock news on Smart Buzz. Download the app today and find all stock market news at your fingertips.