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Infosys Q4 result preview: What investors are expecting

Infosys Q4 result preview: What investors are expecting
Investors will closely watch Infosys' revenue guidance for next fiscal year and its plans to achieve it. It is expected that it'll provide a revenue growth guidance of 12-14% in constant currency terms, with a buffer for upgrades in preceding months
BusinessToday.In | April 14, 2021 | Updated 11:56 IST
Infosys will post Rs 5,210.9 cr profit in Q4 of the financial year, says Bloomberg survey
IT services major Infosys Ltd will announce its Jan-March quarter financial results today. After a strong performance by IT bellwether Tata Consultancies Services (TCS), the market, as well as shareholders, will closely watch Infosys' performance in Q4 and through the Covid-hit financial year.

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Infosys Buyback | Infosys likely to announce Rs 9,000-14,000 crore share buyback tomorrow

Updated Apr 13, 2021 | 13:11 IST
Infosys shares were trading 2.76% lower at Rs 1,387.80 apiece in the afternoon trade. This is on top of Monday's 1% correction in the stock.
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New Delhi: Infosys, India's second-biggest outsourcer, is likely to announce a share buyback in the range of $1.2 billion to $1.9 billion (Rs 9,000 crore to Rs 14,000 crore) tomorrow (Wednesday) when its board meets to take a decision on the proposal.
“The last two buybacks were through open market so they are likely to continue doing that. The size would be Rs 8,000 crore to Rs 10,000 crore, not more than that," the
Economic Times quoted Neerav Dalal, research analyst at Maybank Kim Eng Securities as saying.

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Infosys Share Price News: Infosys Hits All-Time High; Board To Consider Share Buyback Proposal

Infosys' market value touched an all-time high of Rs 6.12 lakh crore on the BSE.
Shares of the country's second largest software services company - Infosys - rose as much as 2.72 per cent to hit an all-time high of Rs 1,480 after the company informed exchanges on Sunday that its board will consider a proposal to buyback shares at its upcoming board meet on Wednesday, April 14, 2021. With today's surge Infosys' market value touched an all-time high of Rs 6.12 lakh crore on the BSE. (Track Infosys share price here)
"We would like to inform you that pursuant to Regulation 29(1)(b) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR Regulations"), the Board of the Company will consider a proposal for buyback of fully paid-up equity shares of the Company at its meeting to be held on April 14, 2021, in accordance with the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018. The outcome of the Board meeting will be disseminated to the stock exchanges after conclusion of the Board meeting on April 14, 2021, in accordance with the applicable provisions of the SEBI LODR Regulations," Infosys said in a stock exchange filing.

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infosys buyback share price 52 week high record date q4 results

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IT major’s share hits 52-week high on account of buyback, third in 5 years
Share of IT major Infosys on Monday hit a 52-week high of 1,477.55 on the NSE on account of buyback news. The company has announced that it will consider a proposal for buying back fully paid-up equity shares at its board meeting to be held on April 13 and 14.Â
âThe board of the company will consider a proposal for buyback of fully paid-up equity shares of the company at its meeting to be held on April 14, in accordance with the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018,â the company statement said in a statement.

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Infosys stock gains sharply in early trade. Here's why

WHAT IS A BUYBACK?
A buyback is an option for repurchasing free-float equity shares of a company by promoters. The company pays its shareholders a fixed value per share and takes back equity shares, which were distributed among public and private investors, as part of its ownership.
It may be noted that the buyback is beneficial for investors as the company pays a higher price for equity shares than the market value.
There are various reasons why companies opt for buybacks including plans to consolidate ownership, increasing key financial ratios and strengthening company finances.
Infosys has already announced two buybacks in the past and this will be the third one. In 2017, the company conducted its first buyback of shares, returning Rs 13,000 crore to investors at Rs 1,150 per share. Infosys conducted its second buyback in 2019 at Rs 800 per share.

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Infosys to consider share buyback on April 14- Business News

Infosys to consider share buyback on April 14
Infosys is expected to hold board meetings on April 13 and 14 to approve and take on record financial results for quarter and fiscal ended March 31, 2021
BusinessToday.In | April 11, 2021 | Updated 17:42 IST
Infosys will release its financial results for FY21 on April 14
Indian IT major Infosys will consider a share buyback plan in its board meeting scheduled on April 14.
"The Board of the Company will consider a proposal for buyback of fully paid-up equity shares of the Company at its meeting to be held on April 14, 2021, in accordance with the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018," the company said in a regulatory filing.

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