Tue, Apr 23, 2024
Infosys in an exchange filing said it received the order on April 22, 2024, passed by Assistant Commissioner of State, Odisha (GST) for the collection of a penalty of Rs 1,46,873.
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5 Stocks To Buy: Benchmark equity indices continued their winning momentum for the third day running on Tuesday amid firm global market trends. The 30-share BSE Sensex climbed 411.27 points to 74,059.89 and the NSE Nifty advanced 111.15 points to 22,447.55 in early trade.
Fri, Apr 19, 2024
Infosys share price target: Jefferies maintained a buy call but has cut the target to Rs 1,630 from Rs 1,740. According to its report, after missed Q4 estimates, strong deal wins provide comfort on Jefferies' expectation of 9 per cent EPS CAGR over FY24-27E.
Thu, Jul 15, 2021
Amid healthy first-quarter results, the shares of Infosys have touched a new 52-week high to Rs 1597 per share after surging around 1.5 per cent on the BSE intraday trade today. Even the brokerages are bullish on the counter with the majority of them maintaining Buy rating and raising the price target.
Wed, Jul 14, 2021
Infosys net profit rises by 22.7% to Rs 5,195 cr, revenue grows by 17.8% to Rs 27,896 crore in April-June quarter over the year-ago period.
Ahead of its first-quarter results, the shares of Infosys are trading over 1 per cent higher to Rs 1563.3 per share on the BSE intraday trade today.
Sun, Jul 11, 2021
Stocks to Buy – UPL Limited – Chouhan recommended a stock from the mid cap space for top gains. He picked United Phosphorous. He said that this stock has seen correction and has now consolidated at a crucial level. This stock ended at Rs 815 on Friday on the NSE. He puts the target price at Rs 850 and a stop loss at Rs 810. He has a 4-5-month view on this stock
Wed, Jun 30, 2021
Cement sector is expected to remain in focus on Wednesday. A recent report by JP Morgan on the cement sector is creating a buzz around the cement stocks. Zee Business’ Ashish Chaturvedi has this detailed report. Take a look!
Since the Buyback offer has launched Infosys shares have been surging since then with a marginal correction and has jumped near three per cent in the last five sessions on the BSE. In this regard, a brokerage firm Morgan Stanley is bullish on the stock and has also raised the price target.
Fri, Jun 25, 2021
For the second straight session, Infosys shares hit a new life high to Rs 1575 per share, marginally gaining one per cent on the BSE intraday trade on Friday, as the company begins buyback offer from today. The stock has touched Rs 1559.15 per share an all-time high on Thursday closing.
Infosys will begin its buyback offer of Rs 9200 crore from today, June 25, 2021. Under this buyback offer, the IT giant will buy back shares at a maximum price of Rs 1,750 apiece.
Thu, Jun 24, 2021
The information and technology stocks lifted the markets to end over half a per cent higher, as the Nifty Index jumped near three per cent today, with the IT heavyweights such as Tata Consultancy Services, Infosys surged around three and a half per cent, while Coforge, a mid-cap stock hit a new high.
On the back of buyback date announcement news, the shares of Infosys jumped over three and a half per cent to touch a new 52-week high of Rs 1,556.75 on the BSE in intraday trade on Thursday.
Stock market heavyweight Reliance Industries stocks were the biggest losers on the Nifty 50 and failed to inspire the markets on Thursday despite some key announcements at the Reliance AGM 2021. The RIL shares today ended down 2.6 per cent on the NSE at Rs 2147.80. Likewise, the overall positive sentiments in the market could not end the losing streak in the RIL shares
Wed, Jun 23, 2021
The information and technology major Infosys’ buyback plan for Rs 9,200 crore is scheduled to commence from June 25, which was approved during the quarter four results announcement. The IT heavyweight proposed to buy back shares at a maximum price of Rs 1,750 apiece.
To discuss the issues on the new ITR e-filing portal, a meeting was held between the senior officials of the Finance Ministry and Infosys, the vendor that provided this solution on Tuesday, June 22, 2021. The meeting was presided over by the Union Minister of Finance and Corporate Affairs Nirmala Sitharaman.
Tue, Jun 22, 2021
Chartered accountants' apex body ICAI on Tuesday made presentations on various issues being faced on the new Income Tax e-filing portal during a meeting with finance ministry officials and Infosys representatives.
Even two weeks after the launch of the much-talked about new income tax return (ITR) e-filing portal, technical glitches continue to trouble the site. This issue will be taken by the officials of the Finance Ministry with Infosys, the vendor that provided this solution at a meeting today at 11 AM.
Thu, Jun 17, 2021
The stock markets today ended on a weaker note. While the BSE Sensex ended at 52,323, going down by 0.34 per cent or over 178 points, the NSE Nifty 50 fell almost 0.5 per cent or 76 pints on the day of weekly expiry. This is a second straight fall for the stock markets. The domestic markets took cues from the US markets and settled lower today
Finance Minister Nirmala Sitharaman has invited written representations regarding the issues/glitches on the new Income Tax Portal on the email address fmo@nic.in latest by 7 pm on Friday, June 18, 2021.
Wed, Jun 16, 2021
Rallying for the straight eighth day today, the shares of Infosys on Wednesday hit a new 52-week high with a marginal gain of over one per cent to Rs 1489.4 per share on the BSE intraday today. The information and technology major shares surpassed the previous high of Rs 1,480 hit on April 12, 2021.
The Ministry of Finance will hold an interactive meeting with Infosys on June 22, 2021, on issues in the new Income Tax e-Filing portal.
Tue, Jun 08, 2021
Infosys share price today is Rs 1414, up Rs 24 or 1.7%. Infosys market cap is just over 6 lk cr. The 52 week low on Infosys is Rs 675.5 and high is Rs 1477.5. Infosys share price made intraday high of Rs 1421.75. IT Sector has been in focus today and many IT stocks like HCL Tech, Tech Mahindra are seeing good buying today
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