Infosys Ltd has informed BSE regarding a Press Release dated January 28, 2014, titled "Infosys Awarded the Highest LEED Rating for Two Buildings in Hyderabad"
Tuesday, 28 January 2014
Monday, 27 January 2014
Wednesday, 22 January 2014
IT bellwether Infosys yesterday reclaimed the spot of being the most influential stock on the BSE index, racing past FMCG major ITC, reported PTI.
As per the exchanges site, Infosys is now the top stock on BSE's 30-share index Sensex, followed by ITC.
However, on the NSE, both ITC and Infosys had equal weight of 8.77 per cent.
Shares of Infosys rose by 0.15 per cent, while ITC lost 0.36 per cent on the BSE.
According to the media report, ITC had earlier surpassed Infosys to become the most influential stock on the Sensex.
On Thursday, Infosys had become the Indian stock market's most influential stock among the key benchmark scrips, pushing ITC to the second position.
Others in the top five are Reliance Industries Ltd, Tata Consultancy Services and Housing Development Finance Corp., said the media report.
Tuesday, 14 January 2014
The Exchange had sought clarification from Infosys Ltd. with respect to a news item captioned "Infosys might make Finacle separate subsidiary in de-merger plan". Infosys Ltd. has clarified that "Finacle is headed by Haragopal and the oversight is provided by our Executive Vice Chairman, Kris Gopalakrishnan. As of date it continues to operate as a unit of Infosys".
Monday, 13 January 2014
Shares of IT bellwether Infosys extended gain over 3 per cent, hitting 52-week high, in early trade on Bombay Stock Exchange (BSE) after the company reported strong set third quarter numbers on Friday. The software exporter has posted 21.4 per cent jumps in its net profit for the quarter ended December 31, 2013 at Rs Rs 2,875, Infosys said in a filing to BSE. Buoyed by development, shares of company gained as much as 3.26 per cent and touch 52-week high to trade at Rs 3664.85 a piece on the BSE. In a similar fashion, shares of the company advanced 2.90 per cent to Rs 3,654.15 a piece on National Stock Exchange. Meanwhile, the broader benchmark Sensex was quoting at 21,058.67, up 300.18 points or 1.45 per cent at 10:15 hours.
Friday, 10 January 2014
Infosys Ltd. has informed regarding the standalone Results for the quarter ended on 31-DEC-2013 as follows: Net Sales of Rs. 1153400 lacs for the quarter ending on 31-DEC-2013 against Rs. 1148200 lacs and Rs. 939800 lacs for the quarters ending on 30-SEP-2013 and 31-DEC-2012 respectively. Net Profit / (Loss) of Rs. 273500 lacs for the quarter ending on 31-DEC-2013 against Rs. 232600 lacs and Rs. 226500 lacs for the quarters ending on 30-SEP-2013 and 31-DEC-2012 respectively.
India’s second largest software exporter Infosys on Friday reported its earnings for the three months ended December 2013 and surprised the street with better-than-expected growth in revenues and margins, signaling that the worst for the IT bellwether is definitely behind it. Analysts on an average had expected the company to report muted growth in December quarter which is usually considered as a weak quarter due to lesser working days. In line with the expectations, Infosys’ revenues in dollar terms grew by 1.7 per cent in the Oct-Dec period compared to the preceding quarter. EBIT margins came as one of the biggest surprises from Infosys as they grew 140 basis points sequentially to 25 per cent, signaling improvement in company’s operational efficiency on back of various cost cutting measures. Also, the EBITDA margins expanded over 300 bps to 27.7 per cent. The guidance for the current financial year has also been raised to 11.5-12 per cent from 9-10 per cent earlier. The company continued to add clients during the quarter, signaling that the confidence is returning as the macro-economic conditions in its biggest markets US, Europe improve. The company has added 54 new clients in the quarter and added 15 clients in over USD 100 million category. Attrition rate continues to be a concern as it stood at 18 per cent in the quarter which is the highest among tier-1 IT firms.