Infosys shares

Infosys shares tanks 6% on lower margin guidance

Infosys shares tanks 6% on lower margin guidance

Shares of the company today opened on a weak note and fell to an intra-day low of Rs 1,099, down 5.98 percent from its previous closing price.

Apr 16, 2018, 11:26 AM IST
Nandan Nilekani return may need open offer by Infosys promoters: SES

Nandan Nilekani return may need open offer by Infosys promoters: SES

SES explained that Murthy was able to get "his people" appointed on the Board, forcing exit of other directors.

Sep 12, 2017, 20:02 PM IST
Feedback from clients positive, reassuring: Infosys

Feedback from clients positive, reassuring: Infosys

The Bengaluru-based firm has been in the eye of a storm over the past few months, with the two sides clashing over allegations such as corporate governance lapses and irregularities in Infosys' USD 200-million Panaya acquisition.

Sep 08, 2017, 23:02 PM IST
Infosys seeks shareholder nod to appoint Pravin Rao as MD

Infosys seeks shareholder nod to appoint Pravin Rao as MD

He will continue to hold the position of interim-CEO and MD for a maximum of five years, or until a new CEO and MD is appointed, Infosys said in its postal ballot.

Sep 02, 2017, 15:20 PM IST
Promoters intend to participate in share buyback: Infosys

Promoters intend to participate in share buyback: Infosys

Co-founder Nandan Nilekani has returned to the company for a second innings, this time as non-executive Chairman in a Board-level shake-up that saw the exit of Chairman R Seshasayee along with two independent members.

Aug 28, 2017, 19:42 PM IST
Nilekani's return to Infosys gives company best start in 6 years: CLSA

Nilekani's return to Infosys gives company best start in 6 years: CLSA

The founders, led by N R Narayana Murthy, had alleged corporate governance lapses at the country's second-largest software services firm.

Aug 28, 2017, 18:12 PM IST
Infosys shares end over 3% higher on Nilekani's return

Infosys shares end over 3% higher on Nilekani's return

The stock jumped 3.14 per cent to close at Rs 941.15 on the BSE. During the day, it went up 4.49 per cent to Rs 953.50.

Aug 28, 2017, 17:31 PM IST
Infosys shares jump on Nilekani's return as Chairman

Infosys shares jump on Nilekani's return as Chairman

The new Chairman of Infosys told investors on Friday his priorities were to find a CEO, reconstitute the board and shape future strategy.

Aug 28, 2017, 13:25 PM IST
Not right for me to hang on after Nilekani's return: Vishal Sikka

Not right for me to hang on after Nilekani's return: Vishal Sikka

Sikka's resignation as CEO last week escalated the tensions between the founders and the management of India's second largest software company. He was then named Vice- Chairman.

Aug 25, 2017, 22:25 PM IST

Infosys board terms past differences with Murthy 'unfortunate'

The company said in a statement, read out by Nilekani, that the Board is focused on the future, consistent with the commitment to good governance.

Aug 25, 2017, 19:15 PM IST
Infosys rises 2% on Nandan Nilekani return buzz

Infosys rises 2% on Nandan Nilekani return buzz

On the National Stock Exchange (NSE), the stock closed 2.09 per cent higher at Rs 911.50. During the day, the scrip had touched a high of Rs 918.25 and a low of Rs 902.35.

Aug 24, 2017, 17:05 PM IST
Infosys slips out of 10 most valued companies on NSE

Infosys slips out of 10 most valued companies on NSE

Infosys' market valuation touched Rs 2,00,617 crore, while that of Indian Oil Corporation was marginally higher at Rs 2,00,645.9 crore at the closing on the NSE.

Aug 22, 2017, 00:24 AM IST
Narayana Murthy's shadow to loom large over search for Infosys CEO

Narayana Murthy's shadow to loom large over search for Infosys CEO

The board, which has blamed co-founder N R Narayana Murthy for the CEO's resignation, has said it will find a replacement by March 31, 2018.

Aug 20, 2017, 14:14 PM IST
No change in buyback plans, says Infosys

No change in buyback plans, says Infosys

The board of the embattled company - which saw its CEO Vishal Sikka step down on Friday amid founders alleging corporate governance lapses - is scheduled to meet tomorrow to consider the buyback proposal.

Aug 18, 2017, 16:17 PM IST
Infosys tanks over 6% on Vishal Sikka's resignation

Infosys tanks over 6% on Vishal Sikka's resignation

Following the announcement, the stock fell to Rs 958.00, registering a fall of 6.62 percent over its previous closing price on the BSE.

Aug 18, 2017, 10:17 AM IST

Infosys shares slump over 5% on FY17 revenue guidance cut

Shares of IT major Infosys on Friday fell by over 5 percent after the company slashed its revenue guidance for the second time this year due to its recent performance and "near-term uncertain business outlook".

Oct 14, 2016, 12:54 PM IST
Infosys shares tank 9%; market cap plunges Rs 23,459 crore post Q1 result

Infosys shares tank 9%; market cap plunges Rs 23,459 crore post Q1 result

Infosys shares today plunged nearly 9 percent, wiping out Rs 23,459 crore from its market valuation, after the company's June quarter result failed to enthuse investors following a cut in annual sales forecast.

Jul 15, 2016, 13:13 PM IST

Infosys shares down over 4% on concerns over outlook

Shares of Infosys fell by over 4 percent Thursday, wiping out Rs 12,138 crore from its market valuation amid concerns related to outlook after its chief operating officer said challenges in retail, energy and insurance sectors could result in 'quarterly bumps' for the firm.

Jun 09, 2016, 20:10 PM IST
Infosys soars 6%; mcap swells by Rs 15,000 cr post Q4 result

Infosys soars 6%; mcap swells by Rs 15,000 cr post Q4 result

Infosys shares on Monday surged nearly 6 percent, buoyed by the company reporting a better-than- expected net profit at Rs 3,597 crore, up 16 percent, in the fourth-quarter and a strong revenue growth forecast for the current fiscal.

 

Apr 18, 2016, 17:58 PM IST
Infosys shares surge 4%, M-cap up by Rs 10,646 cr on Q3 result

Infosys shares surge 4%, M-cap up by Rs 10,646 cr on Q3 result

Shares of Infosys Thursday settled with gains of over 4 percent after the company reported better-than-expected set of numbers for the December quarter, following which the market capitalisation of the IT major improved by Rs 10,646 crore.

Jan 14, 2016, 13:13 PM IST