Infosys Limited Stock Drops 9% So Far On Thursday, Underperforms Market

(VIANEWS) – Shares of Infosys Limited (NYSE: INFY) fell 9.29% to $15.48 at 13:11 EST on Thursday, following the last session’s downward trend. NYSE is jumping 0.26% to $15,541.30, following the last session’s downward trend. This seems, up to now, a somewhat positive trend exchanging session today.

Infosys Limited’s last close was $17.07, 32.29% below its 52-week high of $25.21.

About Infosys Limited

Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. It provides application development and management, independent validation, product engineering and management, infrastructure management, enterprise application management, and support and integration services. The company's products and platforms include Finacle, a core banking solution; Edge suite of products; Infosys Nia, an artificial intelligence platform; Infosys McCamish – an insurance platform; Wingspan, a customizable learning platform; Stater mortgage servicing platform; Panaya automation suite; and Skava, an e-commerce suite. The company serves clients in the financial services and insurance, life sciences and healthcare, manufacturing, retail, consumer packaged goods and logistics, hi-tech, communications, telecom OEM, media, energy, utilities, resources, services, and other industries. It has collaboration agreements with Rolls-Royce, BP plc, Newmont Corporation, RXR Realty, Majesco Limited, and Centre for Accessibility Australia; and a strategic partnership with The Economist Group Limited to enable and enhance sustainability solutions through a business-to-business model. The company was formerly known as Infosys Technologies Limited and changed its name to Infosys Limited in June 2011. Infosys Limited was incorporated in 1981 and is headquartered in Bengaluru, India.

Earnings Per Share

As for profitability, Infosys Limited has a trailing twelve months EPS of $0.71.

PE Ratio

Infosys Limited has a trailing twelve months price to earnings ratio of 21.81. Meaning, the purchaser of the share is investing $21.81 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 32.49%.

Volume

Today’s last reported volume for Infosys Limited is 21010517 which is 158.75% above its average volume of 8119940.

Yearly Top and Bottom Value

Infosys Limited’s stock is valued at $15.48 at 13:11 EST, under its 52-week low of $16.39.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 5.6% and 25%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 9.6%, now sitting on 17.94B for the twelve trailing months.

More news about Infosys Limited (INFY).

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