Company Profile

INFOSYS LTD.

NSE : INFYBSE : 500209ISIN CODE : INE009A01021Industry : IT - Software House : Infosys
BSE1092.15-19.95 (-1.79 % )
PREV CLOSE (Rs.) 1112.10
OPEN PRICE (Rs.) 1107.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 345937
TODAY'S LOW / HIGH (Rs.)1077.45 1109.55
52 WK LOW / HIGH (Rs.)511.1 1185
NSE1090.85 -21.6 (-1.94 % )
PREV CLOSE(Rs.) 1112.45
OPEN PRICE (Rs.) 1105.70
BID PRICE (QTY) 1090.85 (2047 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 10172530
TODAY'S LOW / HIGH(Rs.) 1077.15 1109.70
52 WK LOW / HIGH (Rs.)509.25 1186

Company News

Date Heading Details
15-Oct-2020 Infosys reports 21% rise in Q2 consolidated net profit <p align="justify">Infosys has reported results for second quarter ended September 30, 2020.<p align="justify">The company has reported 17.45% rise in its net profit of Rs 4497 crore for the quarter under review as compared to net profit of Rs 3829 crore for the same quarter in the previous year. Total income of the company increased by 6.70% at Rs 21628 crore for Q2FY21 as compared Rs 20270 crore for the corresponding quarter previous year.<p align="justify">On the consolidated basis, the company has reported 20.55% rise in its net profit attributable to owners of Rs 4845 crore for the quarter under review as against net profit of Rs 4019 crore for the same quarter in the previous year. Total income of the company increased by 8.11% at Rs 25140 crore for Q2FY21 as compared Rs 23255 crore for the corresponding quarter previous year.</p>
15-Oct-2020 Infosys to roll out salary hikes, promotions across all levels <p align="justify">Infosys is planning to roll out salary hikes and promotions across all levels effective January 1, 2020. The company is also giving 100 per cent variable pay, along with a special incentive for the second quarter. Besides, the company plans to hire about 15,000 freshers from campuses next year. </p><p align="justify">Infosys is a global leader in next-generation digital services and consulting.<br></p>
14-Oct-2020 Infosys positioned as leader in Gartner's Magic Quadrant for IT Services <p align="justify">Infosys has been positioned as a leader in the September 2020 Gartner's Magic Quadrant for IT Services for Communications Service Providers, Worldwide. For the report, Gartner evaluated 12 global vendors based on their offerings and capabilities across the services lifecycle. The company is recognized for its completeness of vision and ability to execute.Backed by deep domain expertise and experience, Infosys leverages its global partner ecosystem, CSP dedicated design studio and tools, as well as its 5G Living Labs to help clients. Infosys is also driving business value for Communications Service Providers (CSP), using its innovative customer care platform ‘Infosys Cortex2'. </p><p align="justify">Infosys is a global leader in next-generation digital services and consulting.</p>
13-Oct-2020 Infosys completes acquisition of Kaleidoscope Innovation <p align="justify">Infosys has completed the acquisition of Kaleidoscope Innovation, a full-spectrum product design, development and insights firm innovating across medical, consumer and industrial markets, bolstering capabilities in the design of smart products. This follows the announcement the company made on September 03, 2020.</p><p align="justify">This acquisition demonstrates Infosys' commitment to innovate for its clients, and make meaningful impact on human lives through a combination of cutting-edge technologies. This collaboration further aims to revolutionize patient care, treatment, diagnostics and consumer health, across the world. With Kaleidoscope Innovation, Infosys will further strengthen its digital offerings and also its workforce, with a diverse talent pool with extensive knowledge of design and engineering. </p><p align="justify">Infosys is a global leader in next-generation digital services and consulting.<br></p>
13-Oct-2020 Infosys' arm unveils AssistEdge Discover 1.5 <p align="justify">EdgeVerve Systems, a wholly-owned subsidiary of Infosys, has recently unveiled AssistEdge Discover 1.5. From non-intrusively capturing human-machine interactions to leveraging AI to create actionable process insights, AssistEdge Discover 1.5 will act as a powerful foundation to help organizations seeking to leverage process discovery, drive intelligent automation and process excellence.</p><p align="justify">AssistEdge Discover 1.5 captures extremely fine-grained, keystroke data in a privacy-compliant environment to provide insight around transactions. Sophisticated algorithms analyze this data to identify process insights and automation opportunities along with continuous monitoring for compliance and process training opportunities. This data can also be integrated with other tools including process mining and workforce management to develop broader process visibility and business transformation.</p><p align="justify">Infosys is a global leader in next-generation digital services and consulting.<br></p>
13-Oct-2020 Infosys gains on completing acquisition of Kaleidoscope Innovation <p align="justify">Infosys is currently trading at Rs. 1139.40, up by 7.10 points or 0.63% from its previous closing of Rs. 1132.30 on the BSE.</p><p align="justify">The scrip opened at Rs. 1135.00 and has touched a high and low of Rs. 1146.50 and Rs. 1135.00 respectively.</p><p align="justify">The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1,146.50 on 13-Oct-2020 and a 52 week low of Rs. 511.10 on 19-Mar-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 1146.50 and Rs. 1038.05 respectively. The current market cap of the company is Rs. 482293.22 crore.</p><p align="justify">The promoters holding in the company stood at 13.15%, while Institutions and Non-Institutions held 55.90% and 13.60% respectively.</p><p align="justify">Infosys has completed the acquisition of Kaleidoscope Innovation, a full-spectrum product design, development and insights firm innovating across medical, consumer and industrial markets, bolstering capabilities in the design of smart products. This follows the announcement the company made on September 03, 2020.</p><p align="justify">This acquisition demonstrates Infosys' commitment to innovate for its clients, and make meaningful impact on human lives through a combination of cutting-edge technologies. This collaboration further aims to revolutionize patient care, treatment, diagnostics and consumer health, across the world. With Kaleidoscope Innovation, Infosys will further strengthen its digital offerings and also its workforce, with a diverse talent pool with extensive knowledge of design and engineering. </p><p align="justify">Infosys is a global leader in next-generation digital services and consulting.<br></p>
13-Oct-2020 Infosys, BPCL and M&M to see some action today <p align="justify"><strong>Infosys</strong> has completed the acquisition of Kaleidoscope Innovation, a full-spectrum product design, development and insights firm innovating across medical, consumer and industrial markets, bolstering capabilities in the design of smart products. This follows the announcement the company made on September 03, 2020. This acquisition demonstrates Infosys' commitment to innovate for its clients, and make meaningful impact on human lives through a combination of cutting-edge technologies.</p><p align="justify"><strong>Bharat Petroleum Corporation</strong> (BPCL), which controls 11-12 percent of the around Rs 35,000-crore engine oil market, has set a target of raising its market share to 13-14 percent by March, given the rising rural demand as the farm sector is set for yet another bumper harvest. The second-largest national oil marketer is also expecting to increase its rural volumes to 60 percent and above by the end of this fiscal, from 45-50 percent now. Tractor oils are the largest selling product for the divestment-bound company that sells its lubes under the umbrella brand of Mak.</p><p align="justify"><strong>Mahindra &amp; Mahindra</strong> (M&amp;M) has launched BS-VI compliant variants of its three-wheeler brand Alfa, priced up to Rs 2.67 lakh (ex-showroom Mumbai). The three-wheeler brand comes with four trims to cater to both passenger and cargo segments. The price of cargo variants starts from Rs 2.59 lakh while that of the passenger trims begin from Rs 2.67 lakh. There has been some delay in launching&nbsp; BS-VI range of three-wheelers, given the supply chain disruptions due to COVID-19.</p><p align="justify"><strong>Godrej Properties</strong> (GPL) has entered into an outright transaction to purchase a well located land parcel in Sarjapur, Bangalore. Spread across approximately 15 acres, this project will offer approximately 0.15 million square meters (1.6 million square feet) of potential saleable area comprising of residential apartments of various configurations. Sarjapur has established itself as one of the most preferred residential locations in Bangalore with good connectivity to Outer Ring Road and several other key hubs of Bangalore.</p><p align="justify"><strong>Deepak Nitrite</strong> has incorporated a wholly owned subsidiary (WOS) company named Deepak Clean Tech (DCTL) with effect from October 9, 2020. DCTL shall carry out business in the field of manufacture of chemical intermediate products.</p><p align="justify"><strong>Hero MotoCorp</strong> has introduced a new special edition of the popular Glamour motorcycle – the Glamour Blaze. In-line with the DNA of Glamour brand – the new motorcycle provides performance, comfort and style, now in a new Matt Vernier Grey Color. It also brings a new feature in the 125cc motorcycle category – a USB charger to the handlebar. Glamour Blaze will be available at Hero MotoCorp showrooms across the country at an attractive price of Rs 72,200.</p><p align="justify"><strong>Jubilant Life Sciences</strong> has raised Rs 90 crore through Commercial Papers (CPs) on October 12, 2020. Date of maturity of the said commercial papers is November 26, 2020. The aggregate amount of commercial papers (including this issue) outstanding as on date is Rs 220 crore. <br></p>
09-Oct-2020 Infosys gains on the BSE <p align="justify">Infosys is currently trading at Rs. 1098.35, up by 4.35 points or 0.40% from its previous closing of Rs. 1094.00 on the BSE.<p align="justify">The scrip opened at Rs. 1099.00 and has touched a high and low of Rs. 1109.00 and Rs. 1091.60 respectively. So far 93820 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1123.95 on 08-Oct-2020 and a 52 week low of Rs. 511.10 on 19-Mar-2020.<p align="justify">Last one week high and low of the scrip stood at Rs. 1123.95 and Rs. 1019.00 respectively. The current market cap of the company is Rs. 467129.71 crore.<p align="justify">The promoters holding in the company stood at 13.15%, while Institutions and Non-Institutions held 55.90% and 13.60% respectively.<p align="justify">Infosys has been named global leader in Digital Process Automation (DPA) Services, in recent report entitled ‘The Forrester Wave: Digital Process Automation Service Providers, Q3 2020'. Infosys ranked highest in the current offering category and among the top two in the strategy category. The report notes Infosys' long history in process automation and a deep, impressive expertise in executing large and sophisticated projects across North America, Europe, and Asia.<p align="justify">Infosys is a global leader in next-generation digital services and consulting.</p>
08-Oct-2020 Infosys named global leader in Digital Process Automation services <p align="justify">Infosys has been named global leader in Digital Process Automation (DPA) Services, in recent report entitled ‘The Forrester Wave: Digital Process Automation Service Providers, Q3 2020'. Infosys ranked highest in the current offering category and among the top two in the strategy category. The report notes Infosys' long history in process automation and a deep, impressive expertise in executing large and sophisticated projects across North America, Europe, and Asia.<p align="justify">Infosys is a global leader in next-generation digital services and consulting.</p>
08-Oct-2020 Infosys to acquire Blue Acorn iCi <p align="justify">Infosys has entered into definitive agreement to acquire Blue Acorn iCi, Adobe Platinum partner in the US, and a leader in digital customer experience, commerce and analytics. The move further strengthens Infosys' end-to-end customer experience offerings and demonstrates its continued commitment to help clients navigate their digital transformation journey.<p align="justify">Blue Acorn iCi is an award-winning digital customer experience company. It brings to Infosys significant cross-technology capabilities through the convergence of customer experience, digital commerce, analytics, and experience driven commerce services. With services that include strategy, analytics, design, and engineering, Blue Acorn iCi elevates marquee global brands across industries from Media, Consumer Goods &amp; Retail, to Financial Services, Manufacturing and Technology. <p align="justify">Infosys is a global leader in next-generation digital services and consulting.</p>