Infosys Ltd

Infosys Share Price Today 

Outsourcing, technology, engineering, and business consulting are all offered by Infosys Limited, formerly known as Infosys Technologies Limited. Established in 1981, it offers end-to-end business solutions, including consulting, systems integration, enterprise solutions, and advanced technologies. Infosys' IT services include application development, maintenance, independent validation, infrastructure management, engineering services, and business platforms. The company also offers software products and platforms. Founded in 1981 by seven engineers, Infosys completed its initial public offering in 1993 and American Depositary Shares in 1999. In 1992, it renamed itself to Infosys Technologies Private Limited. In 1999, Infosys issued 20,70,000 ADSs at $34 per ADS under the American Depositary Shares Program. You can check Infosys share price today on the NSE &  BSE on the BlinkX trading app.

History of Infosys

Infosys, founded in 1981, is an IT services company based in Bengaluru, India. It offers business consultancy and enterprise solutions to clients at national and international levels. Infosys's IPO was in 1993, with an offer price of ₹95 per share. It was the first Indian company to list on the NASDAQ in 1999. By 2004, annual revenues reached $1 billion. Infosys has partnered with major multinationals like Microsoft and NVIDIA for AI development, and as of Q1 FY 2024, it is worth $67 billion. The history of the Infosys share price has demonstrated significant fluctuations since the listing date. You can check Infosys Ltd share price with BlinkX.

Key Highlights of Infosys

Infosys Ltd. reported steady revenue growth in Q3FY24, with strong free cash flow and net profit conversion, despite a slight dip in operating margins and EPS

Highlights of Infosys' Q3FY24 Quarterly and 9MFY24 Results for Infosys Ltd.

• Infosys Ltd.'s Q3FY24 Quarterly and 9MFY24 Results Announced: YoY and QoQ, revenues in CC terms decreased by 1.0%. Revenues were reported at Rs 38,821 crore, up 1.3% year over year. Operating margin decreased by 0.7% QoQ and 1.0% YoY to 20.5%. Basic EPS was Rs 14.76, down 6.1% year over year. FCF increased by 17.0% year over year to Rs 5,548 crore, and its conversion to net profit was 90.8%.
• YoY and QoQ, revenues in CC terms decreased by 1.0%.
• Revenues reported at Rs 38,821 crore, up 1.3% year over year

Infosys Key Personnel

R. Narayana Murthy: 

• Founder and CEO of Infosys.
• Scaled the company to one of the world's largest IT services brands.
• Served as chairman of the board and chairman emeritus.
• Founded Softronics and developed a global delivery model for IT services outsourced by foreign companies.

Nandan M. Nilekani:

• Co-founder and Chairman of Infosys.
• Previously served as CEO of Infosys from 2005-07.
• The serial investor with portfolios including Tracxn and RailYatri.

Salil Parekh:

• Over three decades of global IT services industry experience.
• Conducted numerous business turnarounds, digital transformations, and successful acquisitions.
• 25 years as a member of the Group Executive Board at Capgemini, overseeing Application Services in North America, the UK, Asia, Cloud Infrastructure Services, and Sogeti.
• 7 years as a partner at Ernst & Young, credited with scaling the Indian operations of the firm.