Live Breaking News & Updates on இண்பொசயிச் பகிர் ப்ரைஸ்
Stay updated with breaking news from இண்பொசயிச் பகிர் ப்ரைஸ். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
NEW DELHI: Flushed with cash, IT companies are finding different ways to reward their shareholders. Infosys on Sunday said its board will also decide on a buyback programme, along with March quarter earnings, in its next board meeting. 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,” the company said in a regulatory filing. Infosys is likely to report a flat-to-negative sequential growth in March quarter profit on a 2-4 per cent quarter-on-quarter (QoQ) rise in sales. Sequentially, growth in dollar revenues and in constant currency (CC) terms is likely in 3-5 per cent range. ....
Shares of Infosys hit a fresh record high of Rs 1,425 after rising nearly 3 per cent on the BSE in intra-day trade on Monday, which propelled the company s market capitalisation (market-cap) beyond Rs 6 trillion mark. The stock surpassed its previous high of Rs 1,406.25, touched on March 16, 2021. At 10:01 am, Infosys was trading 2 per cent higher at Rs 1,411.80, with a market-cap of Rs 6.01 trillion, the BSE data shows. In comparison, the S&P BSE Sensex was down 2 per cent or 1,030 points at 48,999. In the past two months, Infosys has outperformed the market by surging 12 per cent, against 3 per cent decline in the benchmark index. ....
Infosys Market Value Crosses Rs 6 Lakh Crore For First Time The gauge of IT shares on the National Stock Exchange - Nifty IT index - rose over 2 per cent with all the 10 constituents trading higher. Updated: April 05, 2021 2:56 pm IST Market value of the country s second largest software services company - Infosys - crossed Rs 6 lakh crore-mark for the first time, data from BSE showed. Shares of the Bengaluru-based IT company rose as much as 2.86 per cent to hit an all-time high of Rs 1,425, on hopes of better-than-expected March quarter earnings, analysts said. Infosys market capitalization on the BSE touched an all-time high of Rs 6,01,797 crore. ....
Shares of information technology (IT) companies, on Tuesday, were in focus at the bourses, with six stocks, Infosys, Mindtree, L&T Technology Services (LTTS), Sonata Software, Coforge and Intellect Design Arena from the S&P BSE IT index hitting their respective record highs in intra-day trade on expectation of strong earnings. At 10:04 am, the S&P BSE IT index, the top gainer among sectoral indices, was up 1.5 per cent, as compared to 0.35 per cent rise in the S&P BSE Sensex. The IT index hit an intra-day high of 26,784 points, and is 1 per cent away from its record high of Rs 27,074 on January 14, 2021. Thus far in the month of March, the BSE IT index has rallied 10 per cent, against 3 per cent gain in the Sensex. ....