Nifty, Sensex rise for fifth session, IT advances [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
Nifty, Sensex rise for fifth session, IT advances | Reuters 3 Min Read (Reuters) - Indian shares rose for a fifth straight session on Wednesday, with Tech Mahindra Ltd leading gains in IT stocks, while investors also await the outcome of a three-day central bank policy meeting that ends on Thursday. Tech Mahindra hit a life high in early trade after the software services exporter reported a nearly 28 percent rise in net profit on Tuesday, which beat analysts’ estimates. The sentiment rubbed off on the IT index, which gained 1.75 percent. Tata Consultancy Services Ltd and Infosys Ltd rose 0.9 percent and 1.4 percent, respectively. The Reserve Bank of India is likely to change its monetary policy stance to “neutral” from “calibrated tightening”, in the first meet under the leadership of Shaktikanta Das, who was appointed last December. A softer stance could aid Prime Minister Narendra Modi’s government, which wants to boost lending and lift growth as it faces national elections by May.
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News
- Indian IT firm Tech Mahindra's shares jump most in 8 years on turnaround plan [Yahoo! Finance]Yahoo! Finance
- Indian IT firm Tech Mahindra's shares jump most in 8 years on turnaround plan [Reuters]Reuters
- India's Cyient beats Q4 revenue estimates on resilient client demand [Yahoo! Finance]Yahoo! Finance
- India's Cyient beats Q4 revenue estimates on resilient client demand [Reuters]Reuters
- Tech companies plug into India's smaller cities for talent [Yahoo! Finance]Yahoo! Finance
INFY
Earnings
- 4/19/24 - Beat
INFY
Sec Filings
- 4/24/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/2/24 - Form 6-K
- INFY's page on the SEC website