1564.8000 17.30 (1.12%)
NSE May 23, 2025 15:31 PM
Volume: 5.0M
 

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Infosys Ltd.
22 Apr 2024
1564.80
1.12%
KRChoksey
Infosys announced relatively underwhelming Q4FY24 results, with revenue falling short of our expectations, while profits exceeded our forecasts largely on the back of substantial other income.
Revenue of INR 3,79,230 Mn (+1.3% YoY) was led by growth in the Communication (+4.2% YoY), Energy, Utilities, Resources & Services (+1.5% YoY), and Hi-Tech (+8.7% YoY) segments, although it fell short of our estimates by 3.2%.
Infosys Ltd. is trading above its 50 day SMA of 1535.1
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