Infosys(INFY)

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Infosys Gains 26% in 6 Months: Should You Buy, Sell or Hold the Stock?
ZACKS· 2024-10-04 15:35
Infosys (INFY) shares have gained 25.7% in the past six months, outperforming the Zacks Computers - IT Services industry's return of 4.5%. INFY stock has also outperformed the Zacks Computer and Technology Sector and the S&P 500 index in the past six months. The Zacks Computer and Technology sector and the S&P 500 index have returned 10.3% and 10.1%, respectively, in the past six months. This outperformance reflects investors' confidence in INFY's financials, innovative product launches and steady flow of c ...
Infosys announces Strategic Collaboration with Sally Beauty to Bring Enterprise-scale IT Efficiencies from Hyper-automation
Prnewswire· 2024-09-26 13:18
Infosys Topaz will deliver accelerated business value from AI and future-proof the business BENGALURU, India and DENTON, Texas, Sept. 26, 2024 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced its strategic collaboration with Sally Beauty Holdings, Inc. (SBH), an American international specialty beauty retailer and distributor of professional beauty supplies. Driving enterprise-scale IT transformation, Infosys ...
Infosys and Polestar Enter Strategic Collaboration by opening Technology Hub in Bengaluru, India
Prnewswire· 2024-09-25 10:27
BENGALURU, India, Sept. 25, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic collaboration with Polestar (NASDAQ: PSNY), the Swedish electric performance car brand. This engagement aims to create a base for Polestar's development of in-car infotainment, Software and Electrical / Electronics (SW&EE) engineering, user experience (UX), and cloud-powered digital services. Infosys will also leverage ...
Infosys Adds New AI Client: How Should Investors Play the Stock?
ZACKS· 2024-09-20 15:36
Core Insights - Infosys (INFY) shares have increased by 23.4% year to date, outperforming the Zacks Computer and Technology Sector and S&P 500 index returns of 22.4% and 19.7%, respectively, as well as the Zacks Computers - IT Services industry's return of 7.2% [1] Client Expansion and AI Initiatives - Infosys has recently expanded its client base by partnering with Posti, a leading European delivery and logistics company, to enhance customer experience and operational efficiency using AI [2] - This new seven-year project builds on a previous relationship where Infosys improved Posti's IT infrastructure, now leveraging Infosys Topaz and Cobalt for AI-based solutions in a cloud environment [3] - In addition to Posti, Infosys has gained several clients interested in its AI capabilities, including Metro Bank, LIC India, TDC Net, Roland-Garros, Telstra, and First Abu Dhabi Bank [4] Investment in AI Capabilities - Infosys is significantly investing in AI, both organically and inorganically, launching the Aster platform in early 2024, which utilizes Infosys Topaz and advanced technologies for immersive experiences [5] - The inorganic growth strategy includes acquisitions like In Semi, enhancing R&D capabilities in AI, 5G, hyperconnectivity, and high-performance computing, along with collaborations with industry leaders such as NVIDIA, ServiceNow, and Intel [6][7][8] Macroeconomic Challenges - Infosys faces potential near-term challenges due to softening IT spending amid macroeconomic headwinds, with rising inflation leading to expense reductions among enterprise customers [9] - The revenue growth rate has slowed to a low-to-mid single-digit percentage range from double-digit rates until fiscal 2023, with the Zacks Consensus Estimate for 2025 revenues at $19.3 billion, indicating a year-over-year growth of 3.7% [10] Valuation and Market Position - Despite a steady flow of contracts and expanding AI expertise indicating solid top-line growth potential, Infosys' stock is considered to have a stretched valuation, reflected by a Zacks Value Score of F, suggesting a wait for a better entry point [12]
Infosys and Posti Extend Strategic Collaboration
Prnewswire· 2024-09-19 10:15
To help Posti enhance customer experience and operational efficiency with an AI-first strategy leveraging Infosys Topaz BENGALURU, India, Sept. 19, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced it is extending its strategic collaboration with Posti, the leading delivery and logistics services provider in Finland, Sweden, and the Baltics. As part of the engagement, Infosys will help Posti enhance customer ...
Infosys Collaborates with Clearstream, Part of Deutsche Börse, to Enhance Digital Issuance Platform to Simplify Securities Issuance and Servicing
Prnewswire· 2024-09-11 10:16
Successfully enhanced the D7 platform to accelerate time-to-market for exchange group's customers and improve their profitability FRANKFURT, Germany and BENGALURU, India, Sept. 11, 2024 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has collaborated with Clearstream, the post-trade services part of Deutsche Börse, an international exchange organisation and leading provider of market infrastructure. T ...
Infosys and Proximus Group Strengthen their Strategic Collaboration
Prnewswire· 2024-09-10 05:52
To unlock new business opportunities and enhance customer experience, this collaboration will leverage Proximus Group's DI and CPaaS solutions. BRUSSELS and BENGALURU, India, Sept. 10, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, and Proximus Group, Belgium's leading digital services and communication solutions provider, today announced a strategic collaboration to help unlock new business opportunities. The new strate ...
INFY Expands Client Base: Should You Buy, Hold or Sell the Stock?
ZACKS· 2024-09-09 14:46
Infosys (INFY) shares have returned 22.6% in the year-to-date period, outperforming the Zacks - Computer IT Services industry's growth of 2.4%. The outperformance reflects investors' confidence in the stock as the company is receiving a steady inflow of projects. Recently, Infosys has rolled out the FT Money Machine application in collaboration with Financial Times. The application recreates the hydraulic analog computer named Monetary National Income Analogue Computer, which was first built in 1949. The ap ...
Infosys and The Financial Times Unveil the 'FT Money Machine' Through Immersive Extended Reality Experience
Prnewswire· 2024-09-06 08:25
A digital twin of the landmark economic simulator 'The Moniac', the FT Money Machine leverages Apple Vision Pro to deliver an immersive and interactive experience making economics education more effective and accessible LONDON, Sept. 6, 2024 /PRNewswire/ -- Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, in collaboration with the Financial Times (FT), today announced the digital revival of a pioneering piece of economic history — the Monetary National Income Analogu ...
Infosys to Introduce High-Performance Generative AI-Powered Telco Solutions Based on NVIDIA NIMs
Prnewswire· 2024-08-29 10:05
Empowering telcos with cutting-edge AI-driven solutions, leveraging Infosys Topaz and NVIDIA NIM BENGALURU, India, Aug. 29, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the expansion of its collaboration with NVIDIA for AI-powered, customer-centric solutions to drive innovation and operational excellence for telcos. Leveraging Infosys Topaz, an AI-first set of services, solutions, and platforms using ge ...