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Showing posts with the label infosys share price

Nifty stocks to buy: Top Nifty50 stocks analysts suggest buying in this volatile week

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[hfe_template id='11223'] [ad_1] Synopsis Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score. The following list of stocks in the headline Nifty50 Index were given “Strong Buy/Buy” recommendations in the latest Stock Reports Plus report dated March 31, 2025. Analysts’ recommendations are provided using Institutional Brokers' Estimate System (IBES) to give you actionable insights. You can also check the breakdown of the count of analysts giving buy/sell/hold recommendations to each stock in the index.Stock Reports Plus, powered by ETMarkets.com Mar 31, 2025, 10:05:00 AM IST Gift ETPrime to your friends Gift a Subscription Now, gift ETPrime subscription to your friend ...

Narayana Murthy’s family wealth erodes by nearly Rs 6,800 crore as Infosys enters bear market

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[hfe_template id='11223'] [ad_1] Shares of Infosys Ltd tumbled 5.5% on Wednesday, extending a two-day slide of over 8% that pushed the IT giant into bear market territory. The sharp decline has not only rattled investors but also erased Rs 6,875 crore from the notional wealth of co-founder Narayana Murthy and his family. At its session low of Rs 1,563.80 on Wednesday, Infosys shares were down nearly 22% from its 52-week peak of Rs 2,006.80, reached in December 2024. The stock’s latest slump follows brokerage downgrades amid growing concerns over slowing IT spending in the U.S. and macroeconomic headwinds. Murthy’s family, which collectively holds a 4.02% stake in Infosys, saw the value of their holdings shrink to Rs 26,287 crore as of Wednesday, from Rs 33,163 crore in mid-December. Murthy himself holds a 0.40% stake in Infosys, which was worth Rs 3,299.79 crore after the latest decline, down Rs 684 crore. His wife, Sudha Murty, owns a 0.92% stake, now valued at Rs 7,600...

Infosys slips 6% post Q3 results, drags down Nifty IT index

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[hfe_template id='11223'] [ad_1] Infosys shares tumbled close to 6% on Friday as the company's muted outlook after its third-quarter results prompted investors to cut their bets. "While Infosys reported decent numbers, the management expects a muted fourth quarter which led to the slide in the stock," said Dharmesh Kant, head of research, Cholamandalam Securities. "Given that Infosys was trading at lofty valuations, the profit booking was expected." The stock ended at ₹1,817.50, down 5.8% over the previous trading sessions. The Nifty Information Technology (IT) Index fell 2.7% dragged by the decline in Infosys. Out of the 10 stocks on the Nifty IT, eight declined and two advanced. Wipro shed 2.2% on Friday and TCS shares were down 2%. Tech Mahindra and Persistent Systems fell 1.8% and 1.7%, respectively. LTI Mindtree and Coforge moved over 1% lower. ETMarkets.com Kant said that the management also didn't seem confident about Donald Trump's...

Infosys sell-off erodes Narayana Murthy's family wealth by nearly Rs 1,900 crore

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[hfe_template id='11223'] [ad_1] As Infosys shares nosedived by 5.8% on Friday to close at Rs 1,815.10 on the BSE, the Murthy family’s fortunes took a significant hit, eroding approximately Rs 1,900 crore from their combined net worth. The family, holding a total 4.02% stake in Infosys, saw the value of their holdings drop to Rs 30,292 crore following the shares selloff, with Infosys’ market cap sliding to Rs 7.53 lakh crore . As of the quarter ended September, Infosys’ co-founder and promoter NR Narayana Murthy owned a 0.40% stake in the IT major, while his wife Sudha N Murty held 0.92%. Their son Rohan Murty owned 1.62% of the company, while their daughter Akshata Murty, wife of former UK Prime Minister Rishi Sunak, held a 1.04% stake. Narayana Murthy’s grandson, Ekagrah Rohan Murty, held a marginal 0.04% stake in Infosys, as of the September quarter. Together, the five members of the Murthy family owned a 4.02% stake in Infosys as of the September quarter, valued at ...

infosys: Stock Radar: Infosys could hit fresh lifetime high of Rs 2,000; time to buy?

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[hfe_template id='11223'] [ad_1] Synopsis Infosys stock, after a recent dip, shows signs of recovery, bouncing back from its August lows. Analysts suggest a potential upward trend, with a possible target of Rs 2,000, contingent on maintaining its position above the Rs 1,800 mark. IT major Infosys remained range-bound for the past few weeks but managed to bounce back from its August lows, which correspond to the breakout zone after a 4-month consolidation.Short-term traders with a high-risk profile can consider buying the stock for a possible target of Rs 2,000, as long as it holds above Rs 1,800.The large-cap IT stock hit a high of Rs 1,990 on 15th October 2024 but failed to maintain the momentum. The stock then BY ETMarkets.com Nov 19, 2024, 10:00:00 AM IST Gift A Story Share member-only stories with your friends or family and help them read it for free. Gifting Limit Reached! Hey , no more stories left for you to gift. No worries! You will get a limit of 15 stories n...

Nifty stock ideas: Top Nifty50 stocks analysts suggest buying in this volatile week

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[hfe_template id='11223'] [ad_1] Synopsis Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score. The following list of stocks in the headline Nifty50 Index were given “Strong Buy/Buy” recommendations in the latest Stock Reports Plus report dated November 4, 2024. Analysts’ recommendations are provided using Institutional Brokers' Estimate System (IBES) to give you actionable insights. You can also check the breakdown of the count of analysts giving buy/sell/hold recommendations to each stock in the index.Stock Reports Plus, powered by ETMarkets.com Nov 04, 2024, 10:26:00 AM IST Gift A Story Share member-only stories with your friends or family and help them read it for ...

Stock to Watch: Infosys shares in focus after company raises FY25 guidance

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[hfe_template id='11223'] [ad_1] Shares of leading IT services company Infosys will be in focus after the company announced its second quarter results, where it posted a 5% growth in net profit and revenues. The Bengaluru-based tech major has also raised its guidance upwards to 3.75-4% for the current fiscal year. The company reported strong revenue growth up 3.1% quarter-on-quarter in constant currency in line with analysts estimates. EBIT margin was flat at 21.1%, showing a marginal decline of 0.1% year-on-year. Operating margins for the quarter were driven by continued benefits from value-based pricing and utilization despite higher employee payouts. The growth during the quarter was broad-based with good momentum in financial services. Large deal TCV for the quarter stood at $2.4 billion, which is down 41% quarte-on-quarter. Stock Trading Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading By - Rohit Srivastava, Founder- Indiacharts.com View ...