Latest news with #InfosysLtd
Business Standard
3 days ago
- Business
- Business Standard
ITI Ltd Falls 4.3%
ITI Ltd has added 36.59% over last one month compared to 3.89% gain in BSE Teck index and 1.52% rise in the SENSEX ITI Ltd lost 4.3% today to trade at Rs 349.05. The BSE Teck index is down 0.44% to quote at 17996.38. The index is up 3.89 % over last one month. Among the other constituents of the index, Infosys Ltd decreased 1.37% and Tech Mahindra Ltd lost 1.03% on the day. The BSE Teck index went up 13.85 % over last one year compared to the 10.26% surge in benchmark SENSEX. ITI Ltd has added 36.59% over last one month compared to 3.89% gain in BSE Teck index and 1.52% rise in the SENSEX. On the BSE, 65790 shares were traded in the counter so far compared with average daily volumes of 1.32 lakh shares in the past one month. The stock hit a record high of Rs 592.85 on 07 Jan 2025. The stock hit a 52-week low of Rs 210.2 on 25 Oct 2024.
Economic Times
4 days ago
- Business
- Economic Times
Infosys shares up 2% as dividend deadline looms: Last chance today to buy stock for Rs 22 per share payout
Infosys shares experienced a surge, climbing 2.3% to Rs 1,609, as investors rushed to secure the stock before it went ex-dividend. The final dividend of Rs 22 per share has a record date of May 30, making May 29 the last day to buy shares to qualify. The total dividend for FY25 will be Rs 43 per share. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Quarterly earnings Stock performance and outlook Shares of Infosys Ltd rose as much as 2.3% to Rs 1,609 on Thursday, as investors scrambled to buy the stock before it turns ex-dividend on Friday. With the company's record date for its final dividend of Rs 22 per share set for May 30, Thursday marks the last chance for investors to acquire shares and become eligible for the India's T+1 settlement cycle, investors need to buy shares at least one trading session before the ex-dividend or record date to qualify for dividends.'The record date to determine the shareholders eligible for the dividend payout has been fixed as May 30,' the company had said in its exchange bought on the record date itself, which is May 30 in this case, will not be eligible. This makes May 29 the effective deadline for qualifying dividend will be paid on and from June 30, 2025 to those shareholders whose names appear in the register of members of the company as on the record date.'Shares purchased on or after the ex-dividend date will not qualify,' Infosys said in an exchange filing. In most cases, the ex-dividend and record dates align, unless a market holiday the Rs 22 final dividend, Infosys' total dividend for FY25 will stand at Rs 43 per share, including the interim dividend of Rs 21 announced on October 4, the previous fiscal year, Infosys had declared a final dividend of Rs 20 per share and a special dividend of Rs 8 on May 31, 2024, along with an interim dividend of Rs 18 on October 25, reported a sequential 3% rise in net profit to Rs 7,033 crore for the quarter ended March 31, 2025. However, revenue slipped 2% quarter-on-quarter to Rs 40,925 crore, according to the company's exchange filing on Thursday. Infosys shares have gained nearly 7% over the past month and are up about 8% over the past year. The stock has a consensus target price of Rs 1,640, as per Trendlyne data. Of the 43 analysts covering the stock, 29 have a 'buy' rating, 12 suggest holding, and two recommend selling.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
4 days ago
- Business
- Time of India
Infosys shares up 2% as dividend deadline looms: Last chance today to buy stock for Rs 22 per share payout
Infosys shares experienced a surge, climbing 2.3% to Rs 1,609, as investors rushed to secure the stock before it went ex-dividend. The final dividend of Rs 22 per share has a record date of May 30, making May 29 the last day to buy shares to qualify. The total dividend for FY25 will be Rs 43 per share. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Quarterly earnings Stock performance and outlook Shares of Infosys Ltd rose as much as 2.3% to Rs 1,609 on Thursday, as investors scrambled to buy the stock before it turns ex-dividend on Friday. With the company's record date for its final dividend of Rs 22 per share set for May 30, Thursday marks the last chance for investors to acquire shares and become eligible for the India's T+1 settlement cycle, investors need to buy shares at least one trading session before the ex-dividend or record date to qualify for dividends.'The record date to determine the shareholders eligible for the dividend payout has been fixed as May 30,' the company had said in its exchange bought on the record date itself, which is May 30 in this case, will not be eligible. This makes May 29 the effective deadline for qualifying dividend will be paid on and from June 30, 2025 to those shareholders whose names appear in the register of members of the company as on the record date.'Shares purchased on or after the ex-dividend date will not qualify,' Infosys said in an exchange filing. In most cases, the ex-dividend and record dates align, unless a market holiday the Rs 22 final dividend, Infosys' total dividend for FY25 will stand at Rs 43 per share, including the interim dividend of Rs 21 announced on October 4, the previous fiscal year, Infosys had declared a final dividend of Rs 20 per share and a special dividend of Rs 8 on May 31, 2024, along with an interim dividend of Rs 18 on October 25, reported a sequential 3% rise in net profit to Rs 7,033 crore for the quarter ended March 31, 2025. However, revenue slipped 2% quarter-on-quarter to Rs 40,925 crore, according to the company's exchange filing on Thursday. Infosys shares have gained nearly 7% over the past month and are up about 8% over the past year. The stock has a consensus target price of Rs 1,640, as per Trendlyne data. Of the 43 analysts covering the stock, 29 have a 'buy' rating, 12 suggest holding, and two recommend selling.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Yahoo
5 days ago
- Business
- Yahoo
Infosys and E.ON Join Forces to Develop AI-Powered Digital Workplaces
Infosys Ltd's (NYSE:INFY) artificial intelligence solutions continue to elicit strong interest in the market. That was clear on May 27, as the digital services and consulting company inked a strategic partnership with Germany's The two companies are joining forces to create an experience-led, data-driven, and sustainability-focused digital workplace ecosystem. A scientist at a computer station, surrounded by a neural network of artificial intelligence code. is to leverage Infosys AI's first offering, Topaz, to modernize its operations and enhance user value. The generative AI solution is also expected to accelerate transition into a full-stack digital energy company. Infosys is committed to ensuring that energy networks and infrastructure companies realize business value through artificial intelligence. The strategic partnership with Infosys is key to digital transformation as it seeks to enable a brighter, more efficient energy future. Infosys is committed to enshrining its generative AI system. Topaz enables an AI-powered digital workplace transformation to bolster productivity and employee experience. The Indian IT giant has carved a niche as a global leader in next-generation digital services, leveraging advanced technology such as artificial intelligence. Infosys is a leader in digital services and consulting, helping businesses in 56+ countries accelerate AI-driven transformation. Committed to sustainability, governance, and diversity, the company fosters continuous growth through digital skills and agile solutions. While we acknowledge the potential of Infosys Ltd (NYSE:INFY) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than INFY and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None.
Business Standard
13-05-2025
- Business
- Business Standard
Quick Wrap: Nifty IT Index registers a drop of 2.42%, NIFTY Crashes 1.39%
Nifty IT index closed down 2.42% at 37354.6 today. The index has added 14.00% over last one month. Among the constituents, Infosys Ltd fell 3.58%, HCL Technologies Ltd slipped 3.04% and Tata Consultancy Services Ltd dropped 2.91%. The Nifty IT index has increased 13.00% over last one year compared to the 11.19% spike in benchmark Nifty 50 index. In other indices, Nifty Media index increased 1.66% and Nifty Services Sector index is down 1.60% on the day. In broad markets, the Nifty 50 is down 1.39% to close at 24578.35 while the SENSEX has declined 1.55% to close at 81148.22 today.
