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Infosys shares tumble over 5 per cent after earnings report - The Hindu BusinessLine


Infosys shares tumble over 5 per cent after earnings report
PTI
New Delhi |
Updated on
April 15, 2021
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The Bengaluru-based company s net profit (after minority interest) was ₹4,321 crore in the January-March 2020 quarter
Shares of Infosys on Thursday declined over 5 per cent on profit-booking after its March 2021 quarter earnings missed market expectations.
The stock dipped 5.59 per cent to ₹1,320.35 on BSE. At NSE, it tumbled 5.52 per cent to ₹1,320.
Infosys reported a muted set of Q4 FY21 numbers. FY22 revenue growth (12-14 per cent) and margin (22-24 per cent) guidance were lower than our expectations of 13-15 per cent revenue growth and 23-24 per cent margin, according to a report by Edelweiss Securities. ....

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Infosys Share Price Today: Infosys Falls Ahead Of Share Buyback Proposal, Earnings Announcement


Infosys Share Price: Shares were last trading 2.49 per cent lower at Rs 1,390.35 on BSE
Share price of IT major Infosys fell around three per cent on Tuesday, April 13, ahead of its fourth-quarter corporate earnings results due tomorrow - April 14, 2021. The shares of the country s second-largest software services company witnessed a decline today after it recently announced that the board will consider a proposal to buyback shares at its upcoming board meet on Wednesday, April 14, 2021. On Tuesday, Infosys opened on the BSE at Rs 1,433, touching an intra day high of Rs 1,435.95 and an intra day low of Rs 1,375, in the session so far. ( ....

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