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Infosys Share Price Target After Q4 Results 2024; Dividend News, How IT Major Performed?

Infosys, CEO and MD, Salil Parekh said

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HCL Tech outruns peers TCS, Infosys in Q4 hiring

Even though HCL Tech, TCS net addition has slowed down in March quarter, Infosys has reduced its workforce.

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Infosys disappoints Street. Find out what brokerages feel about the stock after Q4

Infosys Q4: At constant currency (CC), the company's revenue grew by 8.8 percent on-year during the fourth quarter, and by 15.4 percent during the entire fiscal year.

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Infosys share price drops over 11% to trade at ₹1229.30 per share on the NSE, down ₹160 per share

Share price of IT major Infosys dropped an unprecedented 10% in opening trade on Monday April 17, 2023.

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Infosys Q4 consolidated revenue jumps 16%; net profit rises 7.8% to Rs 6,128 cr

Infosys has recommended a dividend of Rs 17.50 per share.

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Unplanned project ramp downs, delays in decision making resulted in lower volumes in Q4: Infosys

'While we saw some signs of stabilisation in March, the environment remains uncertain,' says Infosys CEO Salil Parekh

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Infosys Shares Tank Over 9% As Q4 Profit Misses Street Expectations

Infosys Shares: Shares of Infosys tanked 9 per cent in early trade on Monday, wiping out Rs 47,907.7 crore from its market valuation, after the company's March quarter earnings came in below expectations.

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Infosys To Move Business Out Of Russia Amid Invasion Of Ukraine

Several other global IT and software players including Oracle Corp and SAP SE have either suspended or paused all operations in Russia

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Infosys Q4 results: Infosys expects double digit growth in FY22, to give second hike in July

Infosys also said it is buying back shares worth $1.2 billion (about Rs 9,200 crore) this year and paying a dividend of $850 million. (File photo)
BENGALURU: Buoyed by strong new-age digital deals, which now make up more than half of its topline, Infosys said it expects its revenue in 2021-22 to grow at 12-14% on a constant currency basis.
The double-digit growth reflects a sharp turn-around from the difficulties in the early months of the pandemic.
“The guidance is a strong indication that we see very good demand...Demand is broad-based, almost all of the industries are providing a good outlook for demand,” CEO & MD Salil Parekh said on Wednesday during the results announcement.

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Infosys Q4 Earnings News: Infosys Profit Rises 17% To Rs 5,076 Crore In Q4, Approves Share Buyback Proposal

Infosys' revenue from operations rose 12.5 per cent annually to Rs 26,856 crore.
Highlights
Infosys won large deals worth a total of $2.1 billion in March quarter
Infosys' board approved a share buyback proposal of Rs 9,200 crore
The country's second largest software services company - Infosys - on Wednesday, April 14, 2021, reported an annual increase of 17 per cent in its net profit at Rs 5,076 crore on the back of large contract wins as the COVID-19 pandemic drove digitisation efforts in multiple sectors. The Bengaluru-based company had reported profit of Rs 4,335 crore during the same quarter last year. However, on a sequential basis its profit registered a decline of 2.32 per cent.

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