Infosys Revenue Guidance to Lift Indian IT Sector
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:
India's Infosys beats Q2 revenue estimates
Infosys , India's No.2 IT services exporter, beat second-quarter revenue estimates on Thursday, helped by a recovery in demand from its key financial industry clients.
Infosys sees 5% rise in Q2 net, raises revenue outlook
Infosys shares gained 2.58 per cent to Rs 1,969.50 on the BSE on Thursday following the results announcement.
Infosys Q2 revenue up 3.3%, Wipro's drops 2.3% YoY
Infosys saw a 3% year-on-year revenue growth in the BFSI sector for the September quarter, with guidance increased for the third consecutive quarter. Wipro's revenue fell 2.3% compared to the previous year but grew 0.
India's Infosys, Wipro top Q2 revenue estimates as spending revives
(Reuters) -Indian software services providers Infosys and Wipro topped quarterly revenue estimates as their mainstay financial industry clients boosted spending. After over a year of curtailed spending due to economic uncertainty and high borrowing costs,
Infosys, Wipro exceed Q2 revenue estimates as client spending recovers
Indian software services giants Infosys and Wipro have surpassed quarterly revenue expectations, buoyed by a resurgence in spending from their primary clients in the financial sector. After more than a year of restrained spending amid economic uncertainties and elevated borrowing costs,
Indian shares drop as Infosys, autos drag
(Reuters) -Indian shares opened lower on Friday, as IT bellwether Infosys slid after a disappointing forecast and automakers ...
Infosys Ups Sales Forecast on IT Spending Revival Optimism
Infosys Ltd. raised its annual sales forecast for the second time this year, suggesting clients are again willing to spend on ...
Infosys Q2 Results Live: Profit Rise by 4.73% YoY
Infosys Q2 Results Live : Infosys declared their Q2 results on 17 Oct, 2024, revealing a topline increase of 5.11% ...
Infosys shares drop 4% as Q2 results disappoint D-St. Should you buy, sell or hold?
Infosys shares dropped 4% after its revenue forecasts missed expectations, despite a 5% YoY growth in net profit and revenues ...
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Infosys shares fall after no positive surprise in Q2 but analysts see stock going up to ₹2,330
Out of the 45 analysts that have coverage on Infosys, 31 of them have a "buy" rating, nine of them say "hold", while five of ...
Infosys shares drop 4.5 per cent despite upgraded FY25 guidance: Here’s what led to the decline
Infosys shares fell 4.5% despite upgraded FY25 guidance. The stock drop followed the company’s Q2 financial report, which ...
Infosys reverses this 'employee trend' after 6 quarters
Infosys reported adding 2,456 employees in Q2 FY25, ending a six-quarter hiring decline, with a total headcount of 3,17,788.
Infosys developing small language model for specific industry applications
Parekh said the SLM will be rolled out across various sectors with a narrow data set for specific business needs.
Infosys stock in focus after decent Q2: Here's what brokerages suggest
Infosys shares in Friday's trade will gain traction after the company posted largely mixed results with steady margins.
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Infosys Shares Plummet Despite Profit Growth
Infosys shares fell by 4.50% after second quarter earnings. Despite a 4.7% rise in net profit, market valuation dropped ...