Stock Name : Infosys /Tips Open Buy : 794 Posted Date : July 8, 2020
Stopless/Horizon : 750/2Months Target : 870 Results Achieved (Yes/No) :

Infosys was founded by Mr. N.R. Narayana Murthy along with six people with the investment of USD 250 in 1981. Now, Infosys is a Large Cap company with a market capital of Rs 313440.56 Crore.

Infosys is a large Indian IT services providing company with presence in 191 locations across 46 countries (as on March 31, 2019). Their services include application development and maintenance, consulting and systems integration, enterprise application and package implementation, and re-engineering services.

Infosys Limited also provides software products to the banking industry. Their product named Finacle is a universal banking solution to large and medium size banks across India and overseas.

Infosys BPO is a majority owned subsidiary of Infosys ltd, through Infosys BPO, the company provides business process management services, such as offsite customer relationship management, finance and accounting, and administration and sales order processing.

The company is having marketing and technical alliance with FileNet, IBM, Intel, Microsoft, Oracle and System Application Products.

Mr. Salil Parekh is Chief Executive Officer and Managing Director of Infosys Limited. The promoters held 13.15% stake in the company as on December 31, 2019. Infosys Limited’s financial flexibility is very strong, supported by robust liquidity in the form of cash and cash equivalent of Rs 26,403 crore as on December 31, 2019.

In 2019, 60%its revenues were derived from projects in North America, 24% of work from Europe and 3% from India. Remaining 13% of revenues were derived from the rest of the world. As on December 31, 2019, Infosys had 1,384 active clients and presence in 46 countries.

Infosys Limited has reported a consolidated sale of Rs 23267.00 Crore (for the quarter ended 31-03-2020) which is up by 0.76 % from last quarter sales of Rs 23092.00 Crore and up by 8.02 % from last year same quarter sales which was Rs 21539.00 Crore.

Infosys has reported net profit after tax of Rs 4335.00 Crore in latest quarter.

For the year ending March 2020 Infosys has declared an equity dividend of 350.00% amounting to Rs 17.5 per share.

At the current share price of Rs 735.95 this results in a dividend yield of 2.38%.As on 31-03-2020, the company has a total of 4,258,992,566 shares outstanding.

If you find any mistake please contact the This article is general in nature. It does not constitute a recommendation to buy and sell any stock, and does not take account of your objectives, or your financial situation. Largecapindia has no position in the stocks mentioned.

Largecapindia aim to bring you long term focused research analysis driven by fundamental thanks you.

For More Info :