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    INFY   INE009A01021

INFOSYS LIMITED

(INFY)
  Report
Delayed Quote. Delayed NSE India Stock Exchange - 09/16 07:14:10 am
1702.25 INR   -0.54%
10:44aINFOSYS : to Design Frost Bank's Mortgages Platform
MT
10:37aAsian ADRs Move Lower in Thursday Trading
MT
09:12aINFOSYS : Frost Bank Selects Infosys as Strategic Partner to Launch New Mortgage Loan Product Offering
PU
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Tech stocks power Indian shares to record highs

07/15/2021 | 06:39am EDT
FILE PHOTO: A man walks out of the Bombay Stock Exchange (BSE) building in Mumbai

BENGALURU (Reuters) - Indian shares closed at record highs on Thursday, boosted by technology stocks, as investors awaited key earnings reports after IT major Infosys lifted its annual revenue outlook.

The NSE Nifty 50 index ended 0.44% higher at 15,924.20 and the S&P BSE Sensex rose 0.48% to 53,158.85. Both the indexes have gained more than 1% so far this week.

Infosys Ltd closed 0.3% higher after posting strong earnings and raising its forecast on the back of a pandemic-driven expansion in digital offerings by businesses globally.

Wipro Ltd and Larsen & Toubro Infotech advanced 2.5% and 4.9%, respectively, ahead of their quarterly results after market close.

Larsen & Toubro Infotech's parent and Nifty 50-component Larsen & Toubro Ltd climbed 4.2%.

The Nifty IT index firmed 1.29%, taking its yearly gains to 22.54%.

Hinduja Global Solutions rose 5% following a report that Baring Private Equity Asia was set to pick up a controlling stake in its healthcare outsourcing division.

Dilip Buildcon was down 3.9% after the highways authority temporarily banned the construction firm from participating in any bids, pending the outcome of an investigation into an accident at its project site.

RBL Bank ended 1.7% lower after it said a regulatory ban on Mastercard would impact credit card issuances. The bank said it signed a deal with Visa for its credit cards to navigate the Mastercard ban.

Investor sentiment was also upbeat after U.S. Federal Reserve Chairman Jerome Powell soothed worries over inflation overnight, pushing Asian shares higher. [MKTS/GLOB]

(Reporting by Rama Venkat in Bengaluru; Editing by Aditya Soni)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
INFOSYS LIMITED -0.54% 1702.25 Delayed Quote.36.28%
LARSEN & TOUBRO INFOTECH LIMITED 0.40% 5672.3 Delayed Quote.54.39%
LARSEN & TOUBRO LIMITED 0.22% 1720.85 End-of-day quote.33.65%
NIFTY 50 0.63% 17629.5 Delayed Quote.25.30%
NIFTY IT 1.82% 35852.45 Delayed Quote.48.76%
RBL BANK LIMITED 2.23% 183.35 End-of-day quote.-20.66%
SENSEX 30 0.71% 59141.16 Real-time Quote.21.98%
WIPRO LIMITED -0.94% 667.7 End-of-day quote.72.87%
All news about INFOSYS LIMITED
10:44aINFOSYS : to Design Frost Bank's Mortgages Platform
MT
10:37aAsian ADRs Move Lower in Thursday Trading
MT
09:12aINFOSYS : Frost Bank Selects Infosys as Strategic Partner to Launch New Mortgage..
PU
09/15Asian ADRs Move Lower in Wednesday Trading
MT
09/15INFOSYS : SAP Join Forces to Offer Business Process Transformation-as-a-Service ..
MT
09/15INFOSYS : and SAP Collaborate to Provide Business Process Transformation-as-a-Se..
PU
09/14INFOSYS : EdgeVerve's AssistEdge 19.0 to Empower Human-Digital workforce to Buil..
AQ
09/14INFOSYS : Unit Launches New Version of Automation Platform
MT
09/14INFOSYS : EdgeVerve's AssistEdge 19.0 to Empower Human-Digital workforce to Buil..
PU
09/13SOUTHERN INFOSYS : Names New CFO
MT
More news
Analyst Recommendations on INFOSYS LIMITED
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Financials
Sales 2022 1 184 B 16 095 M 16 095 M
Net income 2022 221 B 3 002 M 3 002 M
Net cash 2022 306 B 4 154 M 4 154 M
P/E ratio 2022 32,4x
Yield 2022 1,88%
Capitalization 7 133 B 96 916 M 96 923 M
EV / Sales 2022 5,76x
EV / Sales 2023 5,05x
Nbr of Employees 267 953
Free-Float 84,8%
Chart INFOSYS LIMITED
Duration : Period :
Infosys Limited Technical Analysis Chart | MarketScreener
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Technical analysis trends INFOSYS LIMITED
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 36
Last Close Price 1 702,25 INR
Average target price 1 802,19 INR
Spread / Average Target 5,87%
EPS Revisions
Managers and Directors
Salil S. Parekh Chief Executive Officer, MD & Executive Director
Mohit Joshi Co-President
Ravi Kumar S. Co-President & Deputy Chief Operating Officer
Nilanjan Roy Chief Financial Officer
Nandan M. Nilekani Non-Executive Chairman
Sector and Competitors
1st jan.Capi. (M$)
INFOSYS LIMITED36.28%97 535
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SNOWFLAKE INC.15.17%97 516
AUTOMATIC DATA PROCESSING, INC.13.36%84 836