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Infosys shares News

14 Oct 2022

Infosys shares surge on buyback announcement, Q2 results

The trading in Infosys shares started sharply higher at Rs 1487.70 against its previous day`s close at Rs 1419.75. Infosys shares have rallied after the announcement of the Q2 results. Infosys announced its financial results on Thursday after close of the stock market trading for the day.

13 Sep 2021

Infosys completes buyback of 5.58 crore shares worth Rs 9,200 crore

The shares were bought back at a volume-weighted average price of Rs 1,648.53 per equity share. The highest price at which the equity shares were bought back was Rs 1,750. Infosys board had approved an up to Rs 9,200 crore buyback plan.

16 Apr 2018

Infosys shares tanks 6% on lower margin guidance

Shares of the company today opened on a weak note and fell to an intra-day low of Rs 1,099, down 5.98 percent from its previous closing price.

Nandan Nilekani's return

12 Sep 2017

Nandan Nilekani return may need open offer by Infosys promoters: SES

SES explained that Murthy was able to get "his people" appointed on the Board, forcing exit of other directors.

08 Sep 2017

Feedback from clients positive, reassuring: Infosys

The Bengaluru-based firm has been in the eye of a storm over the past few months, with the two sides clashing over allegations such as corporate governance lapses and irregularities in Infosys' USD 200-million Panaya acquisition.

02 Sep 2017

Infosys seeks shareholder nod to appoint Pravin Rao as MD

He will continue to hold the position of interim-CEO and MD for a maximum of five years, or until a new CEO and MD is appointed, Infosys said in its postal ballot.

Infosys buyback

28 Aug 2017

Promoters intend to participate in share buyback: Infosys

Co-founder Nandan Nilekani has returned to the company for a second innings, this time as non-executive Chairman in a Board-level shake-up that saw the exit of Chairman R Seshasayee along with two independent members.

Nandan Nilekani

28 Aug 2017

Nilekani's return to Infosys gives company best start in 6 years: CLSA

The founders, led by N R Narayana Murthy, had alleged corporate governance lapses at the country's second-largest software services firm.

28 Aug 2017

Infosys shares end over 3% higher on Nilekani's return

The stock jumped 3.14 per cent to close at Rs 941.15 on the BSE. During the day, it went up 4.49 per cent to Rs 953.50.

28 Aug 2017

Infosys shares jump on Nilekani's return as Chairman

The new Chairman of Infosys told investors on Friday his priorities were to find a CEO, reconstitute the board and shape future strategy.

Vishal Sikka resigns

25 Aug 2017

Not right for me to hang on after Nilekani's return: Vishal Sikka

Sikka's resignation as CEO last week escalated the tensions between the founders and the management of India's second largest software company. He was then named Vice- Chairman.

25 Aug 2017

Infosys board terms past differences with Murthy 'unfortunate'

The company said in a statement, read out by Nilekani, that the Board is focused on the future, consistent with the commitment to good governance.

Nandan Nilekani

24 Aug 2017

Infosys rises 2% on Nandan Nilekani return buzz

On the National Stock Exchange (NSE), the stock closed 2.09 per cent higher at Rs 911.50. During the day, the scrip had touched a high of Rs 918.25 and a low of Rs 902.35.

21 Aug 2017

Infosys slips out of 10 most valued companies on NSE

Infosys' market valuation touched Rs 2,00,617 crore, while that of Indian Oil Corporation was marginally higher at Rs 2,00,645.9 crore at the closing on the NSE.

20 Aug 2017

Narayana Murthy's shadow to loom large over search for Infosys CEO

The board, which has blamed co-founder N R Narayana Murthy for the CEO's resignation, has said it will find a replacement by March 31, 2018.

18 Aug 2017

No change in buyback plans, says Infosys

The board of the embattled company - which saw its CEO Vishal Sikka step down on Friday amid founders alleging corporate governance lapses - is scheduled to meet tomorrow to consider the buyback proposal.

18 Aug 2017

Infosys tanks over 6% on Vishal Sikka's resignation

Following the announcement, the stock fell to Rs 958.00, registering a fall of 6.62 percent over its previous closing price on the BSE.

14 Oct 2016

Infosys shares slump over 5% on FY17 revenue guidance cut

Shares of IT major Infosys on Friday fell by over 5 percent after the company slashed its revenue guidance for the second time this year due to its recent performance and "near-term uncertain business outlook".

15 Jul 2016

Infosys shares tank 9%; market cap plunges Rs 23,459 crore post Q1 result

Infosys shares today plunged nearly 9 percent, wiping out Rs 23,459 crore from its market valuation, after the company's June quarter result failed to enthuse investors following a cut in annual sales forecast.

09 Jun 2016

Infosys shares down over 4% on concerns over outlook

Shares of Infosys fell by over 4 percent Thursday, wiping out Rs 12,138 crore from its market valuation amid concerns related to outlook after its chief operating officer said challenges in retail, energy and insurance sectors could result in 'quarterly bumps' for the firm.

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