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India's Infosys shares fall on worries about quality of earnings
Shares of India's No.2 IT company Infosys fell nearly 6% on Friday despite beating third-quarter result estimates, as analysts raised concerns about the quality of earnings.
Infosys Shares Drop Amid Earnings Quality Concerns
Infosys shares fell nearly 6% on Friday, marking their largest one-day decline since July 2023. The drop followed concerns raised by analysts over the quality of earnings in its third-quarter report.
Infosys shares slide 5% after Q3 earnings. What should investors do?
Infosys shares fell nearly 5% after its Q3 results showed an 11% YoY net profit growth, reaching Rs 6,806 crore, and revenue increasing 8% YoY to Rs 41,764 crore. Despite revising its revenue guidance upwards,
1d
Narayana Murthy's Infosys makes BIG announcement: Employees to receive salary hike of...
The pay increments will take effect in January 2025 as part of the company’s phased salary revision plan Shivam Verma Updated ...
2d
Infosys share price cracks 5% after Q3 results, following overnight fall in Infosys ADR
Infosys, India’s second-largest software services provider, reported 4.6% rise in its net profit at ₹6,806 crore for the ...
2d
on MSN
Outsourcing giant Infosys raised sales guidance for a third time. AI is helping.
Indian outsourcing giant Infosys on Thursday raised its sales outlook for the third time this year as the company said ...
2d
on MSN
India's Infosys ups annual revenue forecast on US demand revival
By Sai Ishwarbharath B, Hritam Mukherjee and Haripriya Suresh BENGALURU (Reuters) -India's No.2 software-services exporter ...
devdiscourse
3d
Infosys and HCLTech Reduce Reliance on H1B Visas Amid Changing US Policies
Infosys and HCLTech, two major players in the tech industry, have significantly decreased their dependence on H1B visas, ...
2h
Mcap of 6 of 10 most valued firms erodes by Rs 1.71 lakh crore; Infosys, TCS major laggards
The market valuation of six of the top 10 valued domestic firms, including Infosys and TCS, decreased by Rs 1.71 lakh crore ...
Press Trust of India on MSN
3h
Mcap of 6 most valued firms erodes by Rs 1.71 trn; Infosys, TCS lag
The combined market valuation of six of the top 10 valued domestic firms eroded by Rs 1.71 lakh crore last week, with IT ...
devdiscourse
2d
Infosys Reports Robust Growth and Expands AI Collaborations
Infosys, a leader in digital services, achieved strong performance with $4,939M Q3 revenue, a 6.1% YoY growth. Operating ...
1d
on MSN
Narayana Murthy’s Infosys makes BIG announcement about salary hike, set to affect over 2000000 employees
Infosys co-founder Narayana Murthy recently made headlines with his comments on work-life balance. Speaking at the CNBC ...
8h
Mcap of 6 of 10 most valued firms erodes by Rs 1.71 lakh cr; Infosys, TCS major laggards
Last week, the BSE benchmark lost 759.58 points or 0.98 per cent, and the Nifty declined by 228.3 points or 0.97 per cent.
2d
on MSN
Infosys, Axis Bank drag down Indian benchmarks, outweighing Reliance's gains
India's benchmark indexes fell on Friday, dragged down by a drop in IT company Infosys and private lender Axis Bank after ...
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