Indian shares rise on IT gains; worries over border tensions, virus linger [Reuters]
Infosys Limited American Depositary Shares (INFY)
Last infosys limited american depositary shares earnings: 4/21 04:00 pm
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Source: Reuters
Indian shares rise on IT gains; worries over border tensions, virus linger BENGALURU, June 26 (Reuters) - Indian shares rose on Friday, bolstered by information technology stocks, but gains were limited as investors remained nervous about rising coronavirus cases and border tensions with China. The NSE Nifty 50 index rose 0.52% to 10,340 and the benchmark S&P BSE Sensex was up 0.5% at 35,010 as of 0513 GMT. Both indexes surged more than 1% earlier in a volatile trading session. The Nifty information technology index was the top gainer, rising 3.7%. Infosys Ltd and Tata Consultancy Services Ltd rose 5.1% and 4%, respectively, providing the biggest boost to the blue chip index. “Because of concerns over economic degrowth and rising infections ... sectoral churning is happening with money moving to safety,” said Saurabh Jain, assistant vice president of research at SMC Global Securities in New Delhi. “Markets are looking at the balance sheet and cash flows. Big IT companies have such bal
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INFY
News
- Infosys Limited (NYSE: INFY) had its price target lowered by analysts at BMO Capital Markets from $21.00 to $18.00. They now have a "market perform" rating on the stock.MarketBeat
- Infosys (INFY) Q4 Earnings and Revenues Surpass Estimates [Yahoo! Finance]Yahoo! Finance
- Infosys Limited (NYSE:INFY) Q4 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Infosys Limited (NYSE: INFY) had its price target lowered by analysts at Susquehanna from $15.00 to $14.00. They now have a "negative" rating on the stock.MarketBeat
- Infosys Limited (NYSE: INFY) had its "hold" rating re-affirmed by analysts at HSBC Holdings plc. They now have a $20.10 price target on the stock.MarketBeat
INFY
Earnings
- 4/19/24 - Beat
INFY
Sec Filings
- 4/18/24 - Form 6-K
- 4/2/24 - Form 6-K
- 2/22/24 - Form 6-K
- INFY's page on the SEC website