Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NSE India Stock Exchange  >  Infosys Limited    INFY   INE009A01021

INFOSYS LIMITED

(INFY)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Sensex, Nifty rise for fifth session as Reliance gains; TCS buyback plan awaited

10/07/2020 | 06:27am EST
Broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai

BENGALURU (Reuters) - Indian shares ended higher on Wednesday, as Reliance Industries surged after securing a $750 million investment and Titan Company touched its highest in seven months after flagging a strong recovery at its jewellery division.

The Nifty ended up 0.66% at 11,738.85, while the Sensex closed up 0.8% at 39,878.95. The indexes have risen for the fifth straight session.

Shares of IT heavyweight Tata Consultancy Services ended 1.4% higher after hitting a record high ahead of its quarterly results, with the company expected to lay out details on a highly anticipated buyback plan.

Shares of Reliance Industries surged as much as 4.5% after it said on Tuesday Abu Dhabi Investment Authority would invest 55.13 billion Indian rupees in its retail arm.

Meanwhile, India's oil and gas minister Dharmendra Pradhan said the country will form rules to allow gas producers sell gas through e-bidding platforms that would allow companies to discover market prices of gas through e-bids.

Shares of gas producers Oil and Natural Gas Corp and Oil India rose 2% and 6.4%, respectively.

Titan Company ended up 4.5% after it said its jewellery division saw a quarterly recovery rate of 98%, sending its shares to a seven-month high and making it the top gainer on the Nifty 50.

Bajaj Finance shares fell 4.1%, after the company said it will continue to accelerate its COVID-19 provisioning and reported a drop in new loans.

India reported 72,049 new cases of coronavirus on Wednesday, dropping from the daily highs of last month in a sign infections were peaking for now, officials and experts said.

(Reporting by Philip George and NR Sethuraman in Bengaluru; Editing by Shailesh Kuber)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
INFOSYS LIMITED -1.27% 1126.45 Delayed Quote.56.04%
LONDON BRENT OIL 1.00% 48.62 Delayed Quote.-28.42%
NIFTY 50 0.15% 13133.9 Delayed Quote.7.77%
OIL AND NATURAL GAS CORPORATION LIMITED 4.54% 88.7 Delayed Quote.-34.12%
OIL INDIA LIMITED 2.25% 104.3 Delayed Quote.-33.36%
RELIANCE INDUSTRIES LTD 0.30% 1964.05 Delayed Quote.30.56%
SENSEX 30 0.03% 44632.65 Real-time Quote.8.25%
TATA CONSULTANCY SERVICES -1.46% 2709.45 Delayed Quote.27.19%
TITAN COMPANY LIMITED 2.10% 1417.45 End-of-day quote.19.35%
WIPRO LIMITED 0.32% 360.15 End-of-day quote.46.43%
WTI 1.03% 45.565 Delayed Quote.-28.04%
All news about INFOSYS LIMITED
04:55aCLOUD, CYBERSECURITY, AND MODERNIZAT : Infosys – HFS Research
PU
12/02INFOSYS : Improving Digital Learning Experiences for People with Disability
PU
12/02INFOSYS : Science Foundation Awards Infosys Prize 2020 Winners in Six Categories
PU
12/02INFOSYS : Rolls-Royce and Infosys Announce Strategic Partnership for Aerospace E..
PU
12/02Indian shares inch lower as banks, Reliance slip
RE
12/01Sensex, Nifty hit record closing highs on vaccine hopes, signs of economic re..
RE
12/01Indian shares rise on economic recovery signs, auto sales data eyed
RE
11/27Sensex, Nifty slip before GDP data; auto stocks shine
RE
11/25Sensex, Nifty slide as investors lock in gains after record high
RE
11/23Nifty, Sensex rise on vaccine optimism; Reliance gains
RE
More news
Financials
Sales 2021 986 B 13 375 M 13 375 M
Net income 2021 187 B 2 542 M 2 542 M
Net cash 2021 286 B 3 879 M 3 879 M
P/E ratio 2021 25,3x
Yield 2021 2,42%
Capitalization 4 779 B 64 809 M 64 809 M
EV / Sales 2021 4,56x
EV / Sales 2022 4,04x
Nbr of Employees 240 208
Free-Float 85,0%
Chart INFOSYS LIMITED
Duration : Period :
Infosys Limited Technical Analysis Chart | INFY | INE009A01021 | MarketScreener
Technical analysis trends INFOSYS LIMITED
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 35
Average target price 1 284,60 INR
Last Close Price 1 126,45 INR
Spread / Highest target 64,2%
Spread / Average Target 14,0%
Spread / Lowest Target -38,7%
EPS Revisions
Managers
NameTitle
Salil S. Parekh Chief Executive Officer, MD & Executive Director
Mohit Joshi Co-President
Ravi Kumar S. Co-President & Deputy Chief Operating Officer
Nandan M. Nilekani Non-Executive Chairman
U. B. Pravin Rao Chief Operating Officer & Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
INFOSYS LIMITED56.04%65 640
ACCENTURE PLC18.56%158 176
TATA CONSULTANCY SERVICES27.19%139 912
INTERNATIONAL BUSINESS MACHINES CORPORATION-7.03%111 044
AUTOMATIC DATA PROCESSING, INC.2.45%73 576
VMWARE, INC.-6.90%59 372