Infosys shares fall 4% after mixed Q2 result; know brokerage calls
Infosys delivered mixed Q2FY25 results, with decent revenue growth. However, margins and TCV left much to be desired
Infosys delivered mixed Q2FY25 results, with decent revenue growth. However, margins and TCV left much to be desired
Outside of financial services, other industries are yet to have any change in discretionary spending, says Salil Parekh.
The index will be reconstituted semi-annually and rebalanced quarterly with each stock carrying equal weight.
Infosys will provide LIC with "turnkey system integration services" using AI capabilities from Infosys Topaz and DevSecOps services from Infosys Cobalt
Infosys co-founder Kris Gopalakrishnan believes despite concerns, India can build on its cross-border payment dreams.
Indian equity markets experienced a significant correction on Monday, with both Sensex and Nifty 50 dropping over 2%
The sentiment was dented by weak U.S. manufacturing PMI data, which triggered sell-off in the global equity market.
Three months into FY25, CEOs are still skeptical about a full recovery.
Infosys shares dropped 1.3%, while other IT heavyweights such as TCS, Tech Mahindra, HCL Tech, and Wipro fell in the range of 1-2%.
The IT major has claimed that it “paid all its GST dues and is fully in compliance with the central and state regulations on this matter”.