The FinTech Hub
Source: Live Mint Infosys Q4 Results: Infosys shares will be in focus after the IT major announced its January-March quarter results for fiscal 2024-25 on Thursday, April 17. The company recorded an 11.75 per cent fall in its consolidated net profits to ₹7,033 crore in the fourth quarter, compared to ₹7,969 crore in the same…
Source: Live Mint Infosys ADR Shares: India’s second-largest IT firm, Infosys Ltd’s American Depository Receipt (ADR) shares dropped more than 4 per cent to $15.68 on the New York Stock Exchange (NYSE) after Wall Street opened on Thursday, April 17. The Infosys ADR shares were down over 4 per cent at the US market open…
Source: Live Mint Indian technology (IT) stocks remained under selling pressure for the second consecutive session on Friday, with the Nifty IT index declining over 3.5%. Significant losses in leading IT stocks such as Tata Consultancy Services (TCS), Infosys, Wipro, HCL Technologies, and Coforge shares contributed to the index reaching its lowest level in nine…
Source: Live Mint Infosys Ltd co-founder NR Narayana Murthy’s family wealth suffered a loss of ₹1,850 crore due to a nearly 6 per cent decline in share price of India’s second largest IT services company on Friday. Due to the slump in Infosys share price, the Murthy family’s stake is valued at about ₹30,300 crore,…
Source: Live Mint Infosys share price is expected to open with a downside gap on Friday as indicated by the IT giant’s American Depositary Receipt (ADR) listed on New York Stock Exchange (NYSE). Infosys ADR closed 5.77% lower at $21.57 on January 16, after the company reported its Q3 results. The decline in Infosys ADR…
Source: Live Mint Buy or sell: After a week marked by significant global events, including the US presidential election and the Federal Reserve meeting, the Nifty Index wrapped up at 24,148. Despite some volatility, the index remains trapped within a trading range of 23,800 to 24,800. The direction of the breakout, either above or below…
Source: Live Mint Infosys Ltd’s September quarter (Q2FY25) results fell short of market expectations, leading to a nearly 5% drop in its share price on Friday. This was despite the IT major reporting a sequential constant currency (CC) revenue growth of 3.1%, exceeding consensus estimates. Excluding the retail sector, all other verticals grew quarter-on-quarter. As…
