Infosys has allotted 5,29,682 equity shares under Restricted Stock Units on 17 March 2025. Consequently, effective from 17 March 2025, the issued and subscribed share capital of the Company stands increased to Rs 20,76,63,17,275/- divided into 4,15,32,63,455 equity shares of face value of Rs 5/- each.
The broker also lowered the target price from Rs 2,150 to Rs 1,740, citing concerns over slowing growth and stretched valuations.
The foreign broker cited downside risks emerging for both the revenue growth of Indian IT services and valuation multiples as the primary reason for the downgrade.
These concerns are compounded by a possible US economic slowdown and trade policy uncertainties. North America is a key market representing over 60% of Infosys' FY24 revenue.
Infosys is a global leader in next-generation digital services and consulting. The IT major reported 4.61% rise in consolidated net profit to Rs 6,806 crore on a 1.89% increase in revenues to Rs 41,764 crore in Q3 FY25 over Q2 FY25. The total contract value (TCV) of large deal wins was $2.5 billion in Q3 of FY25, with a net new of 63%.
The broker also lowered the target price from Rs 2,150 to Rs 1,740, citing concerns over slowing growth and stretched valuations.
The foreign broker cited downside risks emerging for both the revenue growth of Indian IT services and valuation multiples as the primary reason for the downgrade.
These concerns are compounded by a possible US economic slowdown and trade policy uncertainties. North America is a key market representing over 60% of Infosys' FY24 revenue.
Infosys is a global leader in next-generation digital services and consulting. The IT major reported 4.61% rise in consolidated net profit to Rs 6,806 crore on a 1.89% increase in revenues to Rs 41,764 crore in Q3 FY25 over Q2 FY25. The total contract value (TCV) of large deal wins was $2.5 billion in Q3 of FY25, with a net new of 63%.
Infosys Ltd Falls 2.91%, BSE Information Technology index Drops 1.12%
12 - Mar - 2025 12:00 | 19 days ago
Infosys Ltd lost 2.91% today to trade at Rs 1612.35. The BSE Information Technology index is down 1.12% to quote at 36268.56. The index is down 13.34 % over last one month. Among the other constituents of the index, Wipro Ltd decreased 1.94% and L&T Technology Services Ltd lost 1.26% on the day. The BSE Information Technology index went down 3.78 % over last one year compared to the 0.94% surge in benchmark SENSEX.
Infosys Ltd has lost 14.2% over last one month compared to 13.34% fall in BSE Information Technology index and 3.81% drop in the SENSEX. On the BSE, 10849 shares were traded in the counter so far compared with average daily volumes of 2.51 lakh shares in the past one month. The stock hit a record high of Rs 2006.8 on 13 Dec 2024. The stock hit a 52-week low of Rs 1359.1 on 04 Jun 2024.
Infosys has allotted 5,29,682 equity shares under Restricted Stock Units on 17 March 2025. Consequently, effective from 17 March 2025, the issued and subscribed share capital of the Company stands increased to Rs 20,76,63,17,275/- divided into 4,15,32,63,455 equity shares of face value of Rs 5/- each.
The broker also lowered the target price from Rs 2,150 to Rs 1,740, citing concerns over slowing growth and stretched valuations.
The foreign broker cited downside risks emerging for both the revenue growth of Indian IT services and valuation multiples as the primary reason for the downgrade.
These concerns are compounded by a possible US economic slowdown and trade policy uncertainties. North America is a key market representing over 60% of Infosys' FY24 revenue.
Infosys is a global leader in next-generation digital services and consulting. The IT major reported 4.61% rise in consolidated net profit to Rs 6,806 crore on a 1.89% increase in revenues to Rs 41,764 crore in Q3 FY25 over Q2 FY25. The total contract value (TCV) of large deal wins was $2.5 billion in Q3 of FY25, with a net new of 63%.
Infosys Ltd Falls 2.91%, BSE Information Technology index Drops 1.12%
12 - Mar - 2025 12:00 | 19 days ago
Infosys Ltd lost 2.91% today to trade at Rs 1612.35. The BSE Information Technology index is down 1.12% to quote at 36268.56. The index is down 13.34 % over last one month. Among the other constituents of the index, Wipro Ltd decreased 1.94% and L&T Technology Services Ltd lost 1.26% on the day. The BSE Information Technology index went down 3.78 % over last one year compared to the 0.94% surge in benchmark SENSEX.
Infosys Ltd has lost 14.2% over last one month compared to 13.34% fall in BSE Information Technology index and 3.81% drop in the SENSEX. On the BSE, 10849 shares were traded in the counter so far compared with average daily volumes of 2.51 lakh shares in the past one month. The stock hit a record high of Rs 2006.8 on 13 Dec 2024. The stock hit a 52-week low of Rs 1359.1 on 04 Jun 2024.
Infosys has allotted 5,29,682 equity shares under Restricted Stock Units on 17 March 2025. Consequently, effective from 17 March 2025, the issued and subscribed share capital of the Company stands increased to Rs 20,76,63,17,275/- divided into 4,15,32,63,455 equity shares of face value of Rs 5/- each.
The broker also lowered the target price from Rs 2,150 to Rs 1,740, citing concerns over slowing growth and stretched valuations.
The foreign broker cited downside risks emerging for both the revenue growth of Indian IT services and valuation multiples as the primary reason for the downgrade.
These concerns are compounded by a possible US economic slowdown and trade policy uncertainties. North America is a key market representing over 60% of Infosys' FY24 revenue.
Infosys is a global leader in next-generation digital services and consulting. The IT major reported 4.61% rise in consolidated net profit to Rs 6,806 crore on a 1.89% increase in revenues to Rs 41,764 crore in Q3 FY25 over Q2 FY25. The total contract value (TCV) of large deal wins was $2.5 billion in Q3 of FY25, with a net new of 63%.
The broker also lowered the target price from Rs 2,150 to Rs 1,740, citing concerns over slowing growth and stretched valuations.
The foreign broker cited downside risks emerging for both the revenue growth of Indian IT services and valuation multiples as the primary reason for the downgrade.
These concerns are compounded by a possible US economic slowdown and trade policy uncertainties. North America is a key market representing over 60% of Infosys' FY24 revenue.
Infosys is a global leader in next-generation digital services and consulting. The IT major reported 4.61% rise in consolidated net profit to Rs 6,806 crore on a 1.89% increase in revenues to Rs 41,764 crore in Q3 FY25 over Q2 FY25. The total contract value (TCV) of large deal wins was $2.5 billion in Q3 of FY25, with a net new of 63%.
Infosys Ltd Falls 2.91%, BSE Information Technology index Drops 1.12%
12 - Mar - 2025 12:00 | 19 days ago
Infosys Ltd lost 2.91% today to trade at Rs 1612.35. The BSE Information Technology index is down 1.12% to quote at 36268.56. The index is down 13.34 % over last one month. Among the other constituents of the index, Wipro Ltd decreased 1.94% and L&T Technology Services Ltd lost 1.26% on the day. The BSE Information Technology index went down 3.78 % over last one year compared to the 0.94% surge in benchmark SENSEX.
Infosys Ltd has lost 14.2% over last one month compared to 13.34% fall in BSE Information Technology index and 3.81% drop in the SENSEX. On the BSE, 10849 shares were traded in the counter so far compared with average daily volumes of 2.51 lakh shares in the past one month. The stock hit a record high of Rs 2006.8 on 13 Dec 2024. The stock hit a 52-week low of Rs 1359.1 on 04 Jun 2024.