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Infosys share falls over 5% post Q4 earnings; here s what brokerages say Share of Infosys lost 5.59% to Rs 1320 against previous close of Rs 1,398.60 on BSE BusinessToday.In | April 15, 2021 | Updated 12:30 IST Infosys share trades higher than 50 day, 100 day and 200 day moving averages but lower than 5 day and 20 day moving averages. Infosys share fell over 5% today despite the IT firm announcing a 17.5 per cent rise in net profit for quarter ended March 2021. Share of Infosys lost 5.59% to Rs 1320 against previous close of Rs 1,398.60 on BSE. The stock opened with a loss of 3.14% at Rs 1,354.70. The share trades higher than 50 day, 100 day and 200 day moving averages but lower than 5 day and 20 day moving averages. However, the share has risen 6.74% since the beginning of this year and 109% in one year. Market cap of the IT firm fell to Rs 5.71 lakh crore on BSE. ....
Updated: Infosys expects FY22 revenue to grow 12-14% in constant currency Share Article AAA Infosys expects FY22 revenue to grow 12-14% in constant currency IT services major Infosys on April 14 posted a 17.5% rise in net profit to ₹5,076 crore for the March quarter, and announced up to ₹9,200 crore buyback offer at a maximum price of ₹1,750 per share. The Bengaluru-based company’s net profit (after minority interest) was ₹4,321 crore in the January-March 2020 quarter. Its revenue grew 13.1% to ₹26,311 crore in the March 2021 quarter from ₹23,267 crore in the year-ago period, Infosys said in a regulatory filing. The company’s FY21 net profit was up 16.6% to ₹19,351 crore, while revenue was higher by 10.7% to ₹1,00,472 crore compared to the previous fiscal. ....
Updated: The major news headlines of the day, and more. Share Article AAA Devotees gather to offer prayers during the third Shahi Snan of the Kumbh Mela 2021 at Har ki Pauri Ghat in Haridwar on April 14, 2021. | Photo Credit: PTI The major news headlines of the day, and more. For Class 10 students, results will be prepared on the basis of an objective criterion to be developed by the Board. Any candidate who is not satisfied with the allocated marks will be allowed to write an exam as and when conditions are conducive, the Education Ministry said. ....