Nomura has raised USD revenues and reduced EBIT margins resulting in a 0-2 per cent decrease in EPS. Infosys share price has corrected nearly 8 per cent in the last five trading days to Rs 1362.60 apiece on BSE. Even as the IT giant posted a 17 per cent on-year rise in net profit in
Infosys
Wipro has registered another quarter of strong growth with net profit rising by 27.78 per cent on-year. Wipro share price surged as much as 9.5 per cent to Rs 471.75 apiece, a fresh 52-week high, on BSE on Friday, a day after the IT firm posted the best results in the last 10 years. So
Infosys stock hit a fresh 52-week high of Rs 1,480 apiece earlier this week, a day before the quarterly earnings. So far this week, Infosys stock has tumbled 11 per cent. Infosys share price tumbled as much as 5.6 per cent intraday to Rs 1,320.35 apiece on BSE on Thursday, a day after IT giant
Market participants will closely watch rising COVID-19, on-going vaccination drive, oil prices, Q4 results, rupee movement and other global cues. Nifty futures were trading 111.50 points or 0.75 per cent down at 14,663.50 on Singaporean Exchange. While, it was quoting higher than Nifty’s Tuesday’s closing, indicating that headline indices were staring at a positive start
Infosys today approved a share buy back. (Image: REUTERS) Software services behemoth Infosys today said that its board has approved a Rs 9,200 crore buyback of equity shares from the open market. The company will buy back shares at a maximum Rs 1,750 apiece, a premium of 25% on the current market price of Rs