Infosys Stock Information
Infosys Limited is a leading multinational corporation in India that provides business consulting solutions, outsourcing and I.T services to clients across 45 countries.Market Capitalisation
The total market capitalisation of Infosys as of December 2017 is more than Rs.2,47,940 crore.
Company’s Wealth and Recent PerformanceQ1 FY 2018-19
- For the quarter ended on June 30, 2018, the consolidated total revenue of Infosys Limited was reported to be Rs.19,854 crore. With respect to the June quarter of the previous fiscal year, it marks an improvement of a little under Rs.2,000 crore.
- This increase in revenue, however, was offset by an equal increase in the expenditure for the quarter. Consequently, the net profit after tax for the period was observed to be a marginal improvement for the profit for the Q1 FY18. The profit for the June quarter was stated to be Rs.3,612 crore.
- The basic earnings per share for the quarter is Rs.16.62, as against an EPS of Rs.15.24 reported for the same period last year. In its meeting held, the Board has also approved and recommended a bonus share issue in 1:1 ratio.
- Considering the segment wise distribution of its revenues, financial services stood at the top for the quarter with 31.8%. However, q-o-q, this translates into a small decrease. On the other hand, segments like Retail and Energy reported a marginal growth in the revenues.
- For the year ended on March 31, 2018, Infosys Limited reported its consolidated revenue to be at Rs.70,522 crore - a growth of 3% over the revenues reported for the previous fiscal year.
- Considering the revenue distribution by geographical segments, a little over 60% of its revenues came from North America while 23.7% came from Europe. The remaining is split between India and Rest of the World.
- The profit after tax for the year grew by 11.7% to Rs.16,092 crore from Rs.14,353 crore. The company’s basic earnings per share also increased by 13.2% y-o-y to Rs.71.07.
- For the financial year 2017-18, the Board also recommended an interim dividend of Rs.20.50 per share. With that, the dividend per share for the year came to Rs.43.50.
- The free cash flow for the period was reported to be Rs.12,561 crore. The working capital on a consolidated basis was stated to be at Rs.34,176 crore.
- Considering the return on equity for the fiscal year 2017-18, it was 24.1% as against 21.4% for the previous financial year.
- In its quarterly report for the third quarter of the FY 2017-18, Infosys had reported its revenue to be at Rs.17,794 crore, taking the year-to-date tally to Rs.52,439 crore.
- The net profit in the same quarter is reported to be at Rs.5,129 crore, which is a 38.3% increase over the net profit reported in Q3 FY 2016-17. The net profit figure for the FY 2017-18 YTD is Rs.12,339 crore.
- The total assets of Infosys Limited, as of Q3 18, are valued to be at Rs.75,955 crore of which, more than half comes from cash and equivalents, trade receivables, and prepayments. As for the total liabilities, they are worth Rs.14,981 crore, with equities comprising the rest.
- On January 2, 2018, the opening share price of Infosys Limited was observed to be Rs.518.63. Over the course of the month, the scrip gained a little over 10% and the shares inched closer to the Rs.600 mark.
- During the months of February and March, the investors exercised caution on account of uncertainties in the international markets. In these two months, the Infosys stock price varied at levels mainly between Rs.550 - Rs.590.
- The shares continued to rise steadily through the months of April and May. By the end of May, the shares had crossed the psychologically important mark of Rs.600. The closing price on May 31 was Rs.615.90 on the NSE.
- In June, the company announced a final dividend of 410%. This announcement, coupled with a decent performance in the Q1 FY19 quarter, propelled the shares further. An upward trend was seen in the month of July as well, with the shares climbing up to touch the Rs.700 mark. Through most of August, the shares were traded at levels above Rs.700, with the closing price on August 31 being Rs.720.55.
Infosys Stock Returns in 2016 and 2017
- The Infosys share price at the start of 2016 was around Rs.1,100. Through the course of the year, the stock price of Infosys hovered around this figure with expected ups and downs, owing to volatility in the market. There were many occasions early in the year when the Infosys share price went beyond Rs.1,200, driven by the announcement of the FY 2015-16 results.
- The Infosys stock price hit a 52 week high of Rs.1267.9 on April 18, 2016, on the back of a strong earnings prediction for the FY 2016-17 and a surge in net profit for the Q4 16.
- Investors were greeted with positive news in June as well when Paytm chose Infosys Finacle as its technology partner for banking business. This led the Infosys stock to be traded at more than Rs.1,260.
- However, the Infosys share price fell dramatically in July when the company missed its target for the Q1 17. With investors disappointed, the stock price took a nosedive and was once again being traded around Rs.1,100.
- The results of the United States Presidential Election 2016 didn’t make things any easy for the investors. As Donald Trump inched closer to a win, IT stocks fell dramatically. Infosys stock price was not immune to this and as a result, by the start of November, the stock was trading below Rs.1,000, going as low as Rs.921.
- However, a couple of investments by Infosys towards the end of the year helped the share price recover to Rs.1,000.
- 2017 started off on a rather dull note, with the shares being traded at less than Rs.1,000 for the first couple of months. This was owing to a disappointing Q3. The opening price on February 2nd was Rs.916.
- However, investors’ confidence was soon restored, led by company statements, updates, conferences and press releases. This helped the Infosys stock price recover to Rs.1,000 benchmark again.
- By April 2017, the Infosys share price went down once again owing to the company’s Rs.13,000 crore payout plan through buyback and dividend. The fall may also have been driven by the appointment of Ravi Venkatesan as the Co-Chairman and the Q4 results.
- The Infosys share price was slowly inching towards Rs.1,000 again, owing to MauBank choosing Infosys Finacle as its technology partner. However, the rumours of co-founders selling their stakes witnessed led to a 3% dip on 9th July, 2017.
- Technology stocks moved up in August, including that of Infosys. However, the run didn’t last for long as Infosys decided to go ahead with the buyback plan. The end result was the Infosys share price hitting a 52-week low of Rs.881.1.
- Eventually, the stock price recovered owing to the buzz about Nandan Nilekani’s return and a strong Q2 result.
- By the end of the year, the Infosys share price had moved up to Rs.1,000 again, driven by the appointment of Salil Parekh as the CEO and MD of Infosys. The closing price on 29th December, 2017 was Rs.1,039.3
Why should you invest in Infosys?
- One of the major reasons to invest in Infosys right now is because of the appointment of Salil Parekh as the new Chief Executive Officer and the Managing Director of Infosys. He previously was an executive board member at Capgemini, and many industry experts believe that he is the right man to lead the company.
- Infosys has also signed the Advance Pricing Agreement with the U.S Internal Revenue Services. The APA effectively streamlines the company’s tax obligations with respect to the U.S operations.
When it comes to information technology, end-to-end outsourcing and consulting services, Infosys is a global pioneer. Its clientele is spread across 45 countries, who are constantly being helped by Infosys in their journey to digital transformation. Its software-related products have helped companies in several domains such as finance, banking, manufacturing, insurance, et cetera. These state-of-the-art software have not only boosted their potential, but they have also enhanced their efficiencies and helped them stay updated with the technological trends of our times. Infosys is also working on latest technologies such as artificial intelligence and machine learning to elevate business standards and help enterprises function better.
One of the most popular products that Infosys has developed is Finacle - a banking solution used prominently by banks and leading financial institutions in more than 90 countries. Some of the leading clients are IndusInd Bank, State Bank of India, Axis Bank, Bank of Alexandria, et cetera.
Infosys has also developed a platform known as Infosys Nia which is driven by Artificial Intelligence. Built on the foundations of machine learning, its primary objective is to promote automation and innovation. Its other products include Infosys Consulting, Panaya Cloud Suite, et cetera.
Salil S. Parekh - Chief Executive Officer and Managing Director
Salil took over the reins of the company at a time when people were questioning its leadership and management. However, his appointment as the CEO and MD soon put the speculations to rest. His previous stint was at Capgemini, where he was a member of the Executive Board and held many management positions over his tenure of 25 years. He is a veteran of the IT industry and holds a great deal of experience in enabling digital transformations and business turnarounds for enterprises. His Alma Mater comprises Cornell University and Indian Institute of Technology, Bombay.
Pravin Rao - Chief Operating Officer
Rao has been with Infosys since 1986 and has held various positions over the years as Chief Executive Officer, Delivery Head for Europe, Head of Infrastructure Management Services, et cetera. As COO, his primary role is to maintain the standards and high levels of excellence across key processes, policies and systems of the company.
Nandan Nilekani - Non-Executive Chairman of the Board
Nilekani is the co-founder of Infosys and most recently, he served as the Chairman of the Unique Identification Authority of India (UIDAI). He has been honoured with several accolades like Padma Bhushan, Joseph Schumpeter prize, et cetera, He was also named Businessman of the Year by Forbes Asia.
The company was founded in 1981 by N.R Narayana Murthy and six engineers in Pune, India. They started with an initial capital of just $250 and over the course of last 37 years, they have grown tremendously with their revenue now being more than Rs.50,000 crore. The company presently employs more than 2,00,000 people across the globe.
Infosys made its first IPO (Initial Public Offer) in February 1993 and entered the secondary market in India, later that year in June.
Infosys Listing and Indices
Infosys stocks, along with its share price, are listed on NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) and can be traded accordingly. Furthermore, Infosys stocks can also be bought and traded on international exchanges as well, like New York Stock Exchange (NYSE), NYSE Euronext London, and NYSE Euronext Paris.
Infosys Limited is also a part of several important indices which indicate the general health of stock markets. These indices are generally based on either market capitalisation, industry to which the company belongs, size, et cetera.
Infosys represents the information technology sector and is one of the 30 companies which comprise the SENSEX, also known as S&P BSE SENSEX. Infosys is also part of NIFTY 50, the second major stock market index in India. Apart from these two indices, Infosys is also a part of NIFTY 100, NIFTY 500, S&P BSE Large Cap, S&P BSE 100, S&P BSE Information Technology, et cetera.
Electronic City, Hosur Road Bengaluru - 560100
Infosys Center Point Offshore Development Center Plot No. 26A Electronic City, Hosur Road Bengaluru - 560100
Salarpuria Infozone 3rd and 4th Floor, Wing A, No. 39 (P), No. 41(P) and No. 42 (P) Electronic City, Hosur Road Bengaluru - 560100
|Gurgaon||Infosys Limited 7th Floor, Tower-B Unitech Cyber Park Gurgaon - 122001|
|Mysuru||No. 350, Hebbal Electronics City Hootagalli Mysuru - 570027|
|Mumbai||85 ‘C’, Mittal Towers, 8th Floor, Nariman Point Mumbai - 400021|
|Chennai||138, Old Mahabalipuram Road Sholinganallur Chennai - 600119|
|Chandigarh||Block A and B, Ground Floor DLF Building, Plot No. 2 Rajiv Gandhi Technology Park Kishangarh Chandigarh - 160101|
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