Latest news with #InfosysLimited
Business Insider
15 hours ago
- Business
- Business Insider
Infosys Limited (INFY) Receives a Hold from Citi
In a report released yesterday, Surendra Goyal from Citi maintained a Hold rating on Infosys Limited (INFY – Research Report), with a price target of INR1,650.00. The company's shares closed yesterday at INR1,608.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Goyal covers the Technology sector, focusing on stocks such as LTIMindtree Limited, Tech Mahindra Limited, and HCL Technologies Limited. According to TipRanks, Goyal has an average return of 0.7% and a 60.00% success rate on recommended stocks. Infosys Limited has an analyst consensus of Moderate Buy, with a price target consensus of INR1,845.06, a 14.74% upside from current levels. In a report released on June 18, Morgan Stanley also maintained a Hold rating on the stock with a INR1,670.00 price target. The company has a one-year high of INR2,006.80 and a one-year low of INR1,307.10. Currently, Infosys Limited has an average volume of 368.5K. Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of INFY in relation to earlier this year.
Yahoo
5 days ago
- Business
- Yahoo
Adobe, Infosys Partner to Revolutionize Marketing Lifecycle with AI Integration
Adobe Inc. (NASDAQ:ADBE) is one of the best QQQ stocks to buy according to hedge funds. On June 18, Infosys Limited (NYSE:INFY) and Adobe announced a collaboration to transform the marketing lifecycle of global brands through the integration of AI. This partnership will combine capabilities from Infosys Aster, which is an AI-amplified marketing suite, with Adobe's technologies to unify customer experience at scale, personalize content for business growth, and streamline workflows. The joint offering seeks to empower Chief Marketing Officers/CMOs to deliver unified brand experiences across all channels & touchpoints and launch hyper-targeted personalized campaigns with localized content strategies through AI-powered orchestration of marketing tasks. For instance, a communication service provider utilizing Adobe Marketing Cloud with Infosys Aster services saw a 40% increase in digital engagement through in-app experiences and custom-targeted offers. A team of engineers and scientists collaborating at a workstation surrounded by their applications and solutions. Sumit Virmani, the EVP and Global Chief Marketing Officer at Infosys, highlighted that AI has rapidly become a navigator for marketers and now helps them scale deeply personalized content and unify brand experiences. At the same time, Anil Chakravarthy, President of Digital Experience Business at Adobe, emphasized the collaboration's focus on transforming Customer Experience Orchestration by combining creativity, marketing, and AI innovations. Adobe Inc. (NASDAQ:ADBE) is a technology company that operates through 3 segments: Digital Media, Digital Experience, and Publishing & Advertising. Infosys Limited (NYSE:INFY) provides consulting, technology, outsourcing, and digital services internationally. While we acknowledge the potential of ADBE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Business Insider
19-06-2025
- Business
- Business Insider
Morgan Stanley Keeps Their Hold Rating on Infosys Limited (INFY)
Morgan Stanley analyst Gaurav Rateria maintained a Hold rating on Infosys Limited (INFY – Research Report) today and set a price target of INR1,670.00. The company's shares closed today at INR1,632.90. Confident Investing Starts Here: Rateria covers the Technology sector, focusing on stocks such as Infosys Limited, Tata Consultancy Services Limited, and Tech Mahindra Limited. According to TipRanks, Rateria has an average return of 21.7% and a 54.55% success rate on recommended stocks. Infosys Limited has an analyst consensus of Moderate Buy, with a price target consensus of INR1,845.06. The company has a one-year high of INR2,006.80 and a one-year low of INR1,307.10. Currently, Infosys Limited has an average volume of 346.7K. Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of INFY in relation to earlier this year.
Hindustan Times
10-06-2025
- Business
- Hindustan Times
Infosys leases over 1 lakh sq ft office space in GIFT City for ₹57.26 lakh monthly rent. Here's all we know
Tech giant Infosys Limited has leased 1.03 lakh sq ft office space in Gujarat's GIFT City for a monthly rent of ₹57.26 lakh for 10 years, lease documents accessed by Propstack showed. Real estate experts say the deal is expected to boost the commercial real estate market in the area. Infosys has leased office space in the PRAGYA-2 building, located in Gandhinagar, Gujarat. The development centre spans four contiguous floors (14 to 17) and is designed to accommodate up to 1,000 employees. Real estate experts say this move marks a significant expansion of the IT major's footprint in India's only operational International Financial Services Centre (IFSC). According to the lease documents, the rental agreement commenced in October 2024 and is valid for 10 years. Infosys is paying ₹55 per sq ft per month on the chargeable area of 1.03 lakh sq ft and ₹108 per sq ft per month on the carpet area, which measures 53,020 sq ft. The lease includes an annual rent escalation of 5%. Infosys has paid a security deposit of ₹3.43 crore to the landlord, Savvy Realty Creators LLP. The agreement also provides for 71 dedicated car parking slots, with the option to lease additional spaces at ₹2,000 per slot per month. The lease carries a lock-in period of three years, documents showed. The office space was officially inaugurated on June 7. "It will function as a key TechFin hub, delivering advanced digital solutions for global BFSI clients. Its services will span critical domains including digital banking, regulatory affairs, trade finance, capital markets, cards and payments, as well as risk and compliance management," Infosys said in a regulatory filing. The new development centre was inaugurated by the Chief Minister of Gujarat, Bhupendrabhai Patel, on June 7. Jayesh Sanghrajka, Infosys's chief financial officer, was quoted as saying, 'Setting up our Development Centre in GIFT City is a strategic step aligned with our vision of leading innovation in financial services from within India's foremost international financial hub. GIFT City offers a robust, future-ready environment that enables digital transformation through cutting-edge technologies such as AI, Gen AI, cloud, and blockchain. This presence not only strengthens our global delivery model but also reinforces our long-term commitment to the region's economic development and digital evolution.' Email queries have been sent to Infosys and Savvy Realty Creators. If a response is received, the copy will be updated. Also Read: GIFT City in Gujarat: Here's what you should know about India's first IFSC and a global financial hub Located between Ahmedabad and Gandhinagar, Gujarat International Finance Tec-City, better known as GIFT City, sprawls over 880 acres along the Sabarmati River. The city is structured into two key zones: a Special Economic Zone (SEZ) tailored for export-oriented businesses, and a domestic area designed to support residential and commercial activity. About 30% of the city is currently developed and operational, with another 30% designated for upcoming housing and community spaces. Real estate experts said that the Special Economic Zone (SEZ) area within GIFT City exhibits negligible vacancy in commercial Grade A assets, indicating high demand. "The SEZ micro-market demonstrates minimal vacancy levels, recorded at 1.46% and strong annual net absorption of 0.5 million square feet in 2024. While the current supply is tight, new commercial inventory is anticipated by the end of 2025. The rentals for Grade A buildings are on an upward trajectory, reaching north of ₹70 per sq ft per month," Samantak Das, executive director and head of research and REIS, JLL India, told Experts pointed out that the robust commercial ecosystem is further strengthened by the presence of major financial and IT companies, including Infosys, Cognizant, Infineon Technologies, Accenture, Wipro, Bank of America, Morgan Stanley, and JP Morgan. On the residential front, Das said over 14 million sq ft (about 23%) of the city's total construction allocation is dedicated to residential development and 6 million sq ft (about 10%) to social development. Also Read: GIFT City liquor permit rules eased; Real estate developers say move to attract investments Real estate experts say investors can expect a return on investment (ROI) in the range of 7% to 8% in Gift City, which is considered healthy given the market conditions and the city's rapid development trajectory. "Investors should first understand the distinction between the Domestic Tariff Area (DTA) and the International Financial Services Centre (IFSC), as both zones offer distinct advantages. GIFT City has gained attention on the global stage, drawing interest from international investors due to its phenomenal growth story. Whether investing in residential or commercial assets, GIFT City presents a promising opportunity," Rumit Parikh, senior director of occupier strategy and solutions at Knight Frank India, said. Additionally, there is no Goods and Services Tax (GST) on services received by an Indian Financial System Code (IFSC). "Similarly, transactions conducted on IFSC exchanges are also exempt from GST. Investors continue to benefit from exemptions on Securities Transaction Tax (STT), Commodities Transaction Tax (CTT), and stamp duty for transactions carried out on IFSC exchanges," Das said.
Yahoo
14-04-2025
- Business
- Yahoo
Infosys Limited (INFY): Among the Best Indian Stocks to Buy According to Billionaires
We recently published a list of the 10 Best Indian Stocks to Buy According to Billionaires. In this article, we will take a look at where Infosys Limited (NYSE:INFY) stands against other best Indian stocks. India's stock market had a rough ride during the second half of FY25, amid uncertainty around US tariffs, weak earnings, and persistent foreign outflows. Analysts expect the volatility to extend into the new financial year, especially after the Trump administration unveiled fresh tariffs on April 2. READ ALSO: 10 Best European Stocks To Buy According to Billionaires and 20 Stocks Insiders Bought in April After Trump's Tariff Rollout. In recent years, millions of Indian investors have piled into stocks, hoping to build wealth by betting on their country's strong economic growth. Social media has been buzzing with 'finfluencers' offering financial advice and trends. Easy-to-open online brokerage accounts and stock funds have also wooed the population, especially youngsters and retirees, into investing. Several notable billionaires have also made significant investments in Indian stocks, reflecting the market's growing appeal. As of November 2024, Rajiv Jain's GQG Partners was the fourth-largest shareholder in Gautam Adani's firm. Late last year, billionaire Azim Premji's private equity firm also acquired a 1.6% stake in a leading Indian technology services and consulting company. Last Monday, many investors were dealt a blow as the stock market lost $170 billion, with two of the country's most prominent indexes plummeting from fears that Trump's new tariffs would ignite a global recession. Foreign institutional investors sold shares valued at $1.05 billion during the day, the highest outflow since February 28. The market fell again on Wednesday, as the 27% tariff on Indian exports to the US took effect. Here is what Nilesh Shah, managing director at Kotak Mahindra Asset Management, was quoted by Reuters as saying about the situation: 'Indian markets are unable to quantify the uncertainty unleashed by the tariff war. The unfolding events will likely keep sellers on an aggressive sell mode and buyers on a reluctant buy mode.' On April 9, the Reserve Bank of India cut the interest rate by 0.25% and reduced its growth forecast for this year from 6.7% to 6.5%. Sanjay Malhotra, the governor of the central, stated the following in a speech: 'The recent trade tariff-related measures have exacerbated uncertainties, clouding the economic outlook across regions, posing new headwinds for global growth and inflation.' While multiple brokerage firms expect the tariffs to hurt India's GDP growth for FY26, government officials in Delhi, who spoke on the condition of anonymity to a media outlet, expect the country to meet the 6.3%-6.8% growth projection if oil prices stay below $70 per barrel. A finance ministry official said they had already made provisions in the budget for duty remission schemes to help exporters. A programmer typing on a laptop, highlighting the cutting edge software engineering solutions provided by the company. For this article, we scanned Insider Monkey's Q4 2024 proprietary database of billionaires' stock holdings and identified Indian stocks from the list. From there, we picked the top 10 stocks with the highest number of billionaires having a stake in them. Where two or more stocks were tied on billionaire sentiment, we used the dollar value of billionaire holdings as a tiebreaker between them. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Number of Billionaires: 10 Billionaire Holdings: $875,164,416 Infosys Limited (NYSE:INFY) provides digital services and consulting to clients in more than 50 countries, enabling them to navigate their digital transformation through cloud and artificial intelligence. With 10 billionaires holding a stake in the company, it is one of the best Indian stocks to buy. The company recently extended its 10-year-long strategic partnership with AIB by taking on a renewed and enhanced role to support the financial services group as it accelerates its transformation initiatives. Under the collaboration, Infosys Limited (NYSE:INFY) will deliver application development and maintenance services, which will help in enhancing AIB's operational efficiency. Earlier this month, Infosys Limited (NYSE:INFY) and Formula E announced the launch of an AI-powered stats center to boost fan engagement. The stats center will leverage Infosys Topaz, which uses GenAI technologies, to deliver data-driven insights and interactive and immersive experiences. On March 31, Infosys Limited (NYSE:INFY) and Linux Foundation announced a collaboration to advance responsible artificial intelligence principles across global networks. The partnership is a testament to the company's commitment to fostering responsible use of AI on a global scale. According to Insider Monkey's database for Q4 2024, 27 hedge funds held a stake in the company, up from 26 at the end of the third quarter. Moreover, 10 billionaires have investments in Infosys Limited (NYSE:INFY), with combined holdings of over $875 million. Overall, INFY ranks 2nd among the 10 best Indian stocks to buy according to billionaires. While we acknowledge the potential of INFY, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than INFY but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
