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Wipro, Infosys shares fall up to 6% post Q3 earnings as investors book profit Wipro share lost up to 6.05% to Rs 431 against previous close of Rs 458.7. Infosys stock touched an intraday low of Rs 1,318.05 falling 5.02% against previous close of Rs 1,387 BusinessToday.In | January 14, 2021 | Updated 16:55 IST Wipro and Infosys shares fell in trade today as traders booked profit after the IT firms announced strong earnings for the quarter ended December. Wipro share lost up to 6.05% to Rs 431 against previous close of Rs 458.75. It closed 0.94% lower at Rs 454.45 on BSE. Wipro share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. The IT stock fell after 10 sessions of consecutive gains. However, the stock has gained 77.72% in one year and risen 18.32% since the beginning of this year. ....
Half of Infosys revenues now from digital, co expects 4.5-5% growth in FY21 While Infosys adopted a three-pronged approach to protect its margins at the beginning of the year owing to COVID-19, CFO Nilanjan Roy said that all of it worked well and had helped margin expansion Rukmini Rao | January 14, 2021 | Updated 01:20 IST KEY HIGHLIGHTS Revenue growth guidance increased to 4.5-5 per cent in constant currency Bengaluru-based IT major Infosys posted a strong growth in Q3 FY21 and raised its full year revenue guidance on expected lines. The company posted a 5.3 per cent sequential dollar revenue growth in constant currency and 6.6 per cent on year-on-year basis. Digital revenues also crossed the 50 per cent mark of the total revenue with digital growing at 31.3 per cent on a year-on-year in constant currency terms. ....