Previous close | 17.79 |
Open | 17.79 |
Bid | 17.90 x 28000 |
Ask | 17.91 x 3200 |
Day's range | 17.79 - 17.99 |
52-week range | 14.71 - 20.74 |
Volume | |
Avg. volume | 8,424,403 |
Market cap | 74.28B |
Beta (5Y monthly) | 0.56 |
PE ratio (TTM) | 25.25 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.43 (2.41%) |
Ex-dividend date | 24 Oct 2023 |
1y target est | N/A |
Shares of Indian IT services firm tumbled more than 3% on Friday, a day after Accenture cut its fiscal 2024 revenue forecast, dashing hopes of a rebound in demand recovery. The Nifty IT index fell 3.2%, with industry bellwethers Infosys and Tata Consultancy Services declining 3.5% and 2.7%, respectively. The duo had posted better-than-feared quarterly results in January, sparking hopes of a revival in demand from banking, financial services and insurance clients, especially in the U.S. key market, after over of a year of clients cutting budgets and delaying, or even cancelling, contracts.
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Infosys (INFY) and PROG Holdings collaborate to improve the latter's operations by implementing solutions based on cloud and artificial intelligence.