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    INFY   INE009A01021

INFOSYS LIMITED

(INFY)
  Report
Delayed NSE India Stock Exchange  -  07:27 2022-10-04 am EDT
1429.40 INR   +2.56%
10/03Infosys : to Announce Second Quarter Results on October 13, 2022
PU
10/03Nomura Adjusts Infosys' Price Target to 1,610 Indian Rupees From 1,700 Rupees, Keeps at Buy
MT
10/03Nomura Adjusts Mindtree's Price Target to 3,000 Indian Rupees From 2,910 Rupees, Keeps at Neutral
MT
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India shares jump 1% as IT leads

08/11/2022 | 12:30am EDT
A man wearing a protective mask walks past the Bombay Stock Exchange (BSE) building in Mumbai

BENGALURU (Reuters) - Indian shares climbed 1% in early trade on Thursday, led by technology stocks, after a softer-than-expected U.S. inflation report doused fears of aggressive rate hikes by the Federal Reserve.

The NSE Nifty 50 index, with most of its major sub-indexes in the positive territory, advanced 0.9% at 17,692.05, as of 0351 GMT, and the S&P BSE Sensex rose 1.02% to 59,416.64.

Nifty's IT index rose 2% after tech-heavy Nasdaq closed 2.89% higher. IT service providers Infosys, Tata Consultancy Services and Wipro were among the top gainers in the blue-chip Nifty 50 index.

Among other gainers, airlines InterGlobe Aviation and SpiceJet Ltd rose 2% and 4%, respectively, after the country's civil aviation ministry lifted the fare caps it imposed during the COVID-19 pandemic.

Market participants are now awaiting the domestic Consumer Price Index (CPI) data due on Friday. A Reuters poll showed India's retail inflation likely eased in July due to a fall in food and fuel prices but stayed well above the Reserve Bank of India's upper tolerance limit of 6% for a seventh consecutive month.

Equities in broader Asia tracked Wall Street higher on Thursday on the softer-than-expected U.S. inflation report. The U.S. CPI, in the 12 months through July, increased by a weaker-than-expected 8.5% after a 9.1% rise in June. [MKTS/GLOB]

(Reporting by Rama Venkat in Bengaluru; Editing by Dhanya Ann Thoppil)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
INFOSYS LIMITED 2.56% 1429.4 Delayed Quote.-26.17%
INTERGLOBE AVIATION LIMITED 3.06% 1851.75 Delayed Quote.-10.94%
NASDAQ COMPOSITE 3.34% 11176.41 Real-time Quote.-30.87%
NIFTY 50 2.29% 17274.3 Delayed Quote.-2.69%
SENSEX BSE30 2.25% 58065.47 Real-time Quote.-0.32%
SPICEJET LIMITED 0.92% 38.45 End-of-day quote.-43.54%
TATA CONSULTANCY SERVICES LTD. 3.56% 3091.15 Delayed Quote.-20.15%
WIPRO LIMITED 2.81% 405.6 End-of-day quote.-43.29%
All news about INFOSYS LIMITED
10/03Infosys : to Announce Second Quarter Results on October 13, 2022
PU
10/03Nomura Adjusts Infosys' Price Target to 1,610 Indian Rupees From 1,700 Rupees, Keeps at..
MT
10/03Nomura Adjusts Mindtree's Price Target to 3,000 Indian Rupees From 2,910 Rupees, Keeps ..
MT
09/30Metaverse : The Next Great Frontier To Be Explored By Businesses And Its Development In In..
AQ
09/28Asian ADRs Nudge Higher in Wednesday Trading
MT
09/28Infosys Digital Centre Opens in Calgary with Commitment to Creating 1,000 New Local Job..
AQ
09/26Infosys Opens New Digital Center in Alberta, Canada
MT
09/26Infosys Opens Infosys Digital Centre in Alberta as Part of Canada Expansion Plan
MT
09/26Asian ADRs Decline in Monday Trading
MT
09/26Infosys Digital Centre Opens in Calgary with Commitment to Creating 1,000 New Local Job..
AQ
More news
Analyst Recommendations on INFOSYS LIMITED
More recommendations
Financials
Sales 2023 1 453 B 17 852 M 17 852 M
Net income 2023 243 B 2 985 M 2 985 M
Net cash 2023 290 B 3 559 M 3 559 M
P/E ratio 2023 24,8x
Yield 2023 2,71%
Capitalization 5 996 B 73 681 M 73 681 M
EV / Sales 2023 3,93x
EV / Sales 2024 3,50x
Nbr of Employees 335 186
Free-Float 84,7%
Chart INFOSYS LIMITED
Duration : Period :
Infosys Limited Technical Analysis Chart | MarketScreener
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Technical analysis trends INFOSYS LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 39
Last Close Price 1 429,40 INR
Average target price 1 699,85 INR
Spread / Average Target 18,9%
EPS Revisions
Managers and Directors
Salil S. Parekh Chief Executive Officer, MD & Executive Director
Mohit Joshi Co-President
Ravi Kumar Singisetti Co-President & Deputy Chief Operating Officer
Nilanjan Roy Chief Financial Officer
Nandan M. Nilekani Non-Executive Chairman
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