Infosys share price: Infosys shares jump 7% on Q3 results. Is the downgrade cycle over?

Infosys share price: Infosys shares jump 7% on Q3 results. Is the downgrade cycle over?

Shares of IT major Infosys on Friday rallied up to 6.7% to the day’s high at Rs 1,594 on BSE as it reported decent results after back-to-back disappointments in recent quarters. Investors are betting that Q3 was the bottom for the earnings downgrade cycle for Infosys and the sector as the US macro becomes favourable … Read more

infosys share price: Infosys shares under pressure after losing $1.5 billion deal

infosys share price: Infosys shares under pressure after losing .5 billion deal

Shares of Infosys on Tuesday fell up to 2.5% to the day’s low at Rs 1,522.50 on BSE after a global company terminated the MOU for a $1.5 billion deal with the IT giant. “The global company has now elected to terminate the Memorandum of Understanding and the parties will not be pursuing the Master … Read more