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Infosys Limited American Depositary Shares - INFY STOCK NEWS

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Infosys Limited (NYSE: INFY) is a pioneering Indian multinational corporation specializing in business consulting, information technology, and outsourcing services. Founded in Pune and headquartered in Bangalore, Infosys is a global leader in IT services with an extensive workforce of nearly 250,000 employees. The company predominantly derives its revenue from North America, employing an offshore outsourcing model that constitutes 60% of its total income.

Infosys offers an array of services including traditional IT consulting, managed services, cloud infrastructure solutions, and business process outsourcing (BPaaS). The firm is renowned for its innovation in next-generation digital services, leveraging advanced technologies such as Artificial Intelligence (AI), cloud computing, and generative AI through its proprietary Infosys Topaz platform.

Recently, Infosys announced a strategic collaboration with Germany's Handelsblatt Media Group, aiming to revolutionize digital storytelling through AI technologies. This partnership will employ Infosys Topaz to enhance accessibility and user engagement with Handelsblatt’s economic and financial reports.

Infosys has also expanded its digital banking solutions through Infosys Finacle, recently partnering with UAE's pioneering digital-only bank, Zand. This collaboration involves deploying cloud-native solutions on Microsoft Azure to deliver a future-ready, AI-powered banking experience.

In addition to its technological advancements, Infosys has shown a strong financial performance. For FY24, the company reported $18.6 billion in revenue, with substantial growth margins and robust free cash flow. Furthermore, Infosys has announced significant partnerships and acquisitions, including a deal to acquire in-tech, a German Engineering R&D services provider, strengthening its capabilities in the automotive sector.

Infosys is deeply committed to sustainability and social responsibility, fostering an inclusive workplace where diverse talent thrives. The company’s dedication to digital transformation is evident through its sustained efforts in AI and cloud services, aiming to empower businesses and communities worldwide.

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Infosys (NYSE: INFY) receives The 2024 World's Most Ethical Companies® recognition by Ethisphere for the fourth consecutive year. Infosys is one of 136 honorees globally, standing out in the software and services industry. The assessment is based on Ethisphere's Ethics Quotient® covering various aspects of ethics, compliance, and governance.
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PROG Holdings, Inc. and Infosys announce a collaboration to enhance technology operations, focusing on cloud and AI modernization. Infosys will provide digital services to improve operational efficiencies, accelerate technology enhancements, and widen PROG Holdings' leadership in the virtual lease-to-own market.
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PROG Holdings, Inc. (NYSE: PRG) partners with Infosys to enhance technology operations through cutting-edge digital services, AI initiatives, and cloud-first approach, aiming to boost operational efficiencies, accelerate technology enhancements, and widen leadership in virtual lease-to-own market.
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Infosys launches Responsible AI Suite to address ethical concerns in AI adoption, offering a comprehensive set of solutions and services to help enterprises navigate the challenges of responsible AI deployment.
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Dow Jones and Infosys announce the launch of enhanced WSJ Preference Center to provide users with personalized digital experiences. The new tools offer customization options to improve relevance and surface insights users don't want to miss.
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Infosys celebrates its 25-year partnership with SAP, reiterating its commitment to accelerating digital transformation and creating sustainable business value for customers through Infosys Cobalt. The alliance aims to develop innovative solutions for enterprises across industries, leveraging the power of AI and SAP's extensive portfolio of cloud applications.
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Infosys has signed a seven-year strategic collaboration with Musgrave, Ireland's leading food retail, wholesale, and foodservice company. The collaboration aims to automate Musgrave's IT operations using Infosys Topaz and Infosys Cobalt, leveraging AI and Cloud offerings. Through its Cognitive First framework, Infosys will integrate AI, ML, knowledge management, and cognitive automation capabilities to amplify enterprise intelligence across the value chain for Musgrave.
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Infosys and Tennis Australia have launched digital platforms with generative AI features to empower fans, players, and media at the 2024 Australian Open. Infosys is advancing its AI footprint with technologies for fan engagement, player performance, and digital content creation. The company is also leveraging a digital skilling platform to build future leaders in Australia. The AO experience has been reimagined in many new ways, including AI-powered fan engagement challenges, AI-generated match story visual cards, graffiti-inspired AI art, and AI watching match action to provide winning insights for players and coaches. Infosys has also launched an all-new Generative AI experience 'Rafa Forever' to celebrate the tennis legend Rafael Nadal. The press release includes statements from Craig Tiley, CEO of Tennis Australia, and Andrew Groth, Executive Vice President Asia Pacific, Infosys.
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Infosys has been recognized as the Top 3 IT services brand globally and the fastest growing IT services brand over a 5-year period by Brand Finance. The company's brand value has more than doubled in the last 5 years, reaching over US$14 billion in 2024, and Infosys' CEO, Salil Parekh, has been acknowledged as the top IT services ranking in Brand Finance's Brand Guardianship Index (BGI) 2024. Infosys has also onboarded tennis icons Rafael Nadal and Iga Świątek as brand ambassadors and launched its 'Champions Evolve' campaign, strengthening its brand thrust through strategic collaborations with Madison Square Garden, ATP, Roland Garros, and other key partners. The company continues to focus on its ESG Vision 2030, demonstrating extraordinary leadership and community impact.
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Infosys (INFY) reported $4,663 million in Q3 revenues with a 1.0% decline in constant currency. The large deal TCV for the quarter was $3.2 billion, with 71% being net new. Operating margin was 20.5%, and attrition declined to 12.9%. FY24 revenue guidance was revised to 1.5%-2.0% and operating margin guidance at 20%-22%.
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FAQ

What is the current stock price of Infosys American Depositary Shares (INFY)?

The current stock price of Infosys American Depositary Shares (INFY) is $21.53 as of November 15, 2024.

What is the market cap of Infosys American Depositary Shares (INFY)?

The market cap of Infosys American Depositary Shares (INFY) is approximately 89.2B.

What services does Infosys Limited provide?

Infosys offers IT consulting, managed services, cloud infrastructure solutions, and business process outsourcing (BPaaS), leveraging advanced technologies like AI and cloud computing.

Where is Infosys Limited headquartered?

Infosys is headquartered in Bangalore, India.

What recent partnerships has Infosys entered?

Infosys recently partnered with Handelsblatt Media Group and UAE's Zand Bank to enhance digital storytelling and banking services, respectively.

How many employees does Infosys have?

Infosys employs nearly 250,000 people globally.

What is Infosys Topaz?

Infosys Topaz is an AI-first set of services, solutions, and platforms that leverage generative AI technologies to accelerate business value.

What financial performance did Infosys report for FY24?

Infosys reported $18.6 billion in revenue for FY24, with a strong operating margin of 20.7% and robust free cash flow of $2,882 million.

What acquisitions has Infosys recently made?

Infosys has acquired in-tech, an Engineering R&D services provider focused on the German automotive industry, to bolster its digital engineering capabilities.

What is Infosys Finacle?

Infosys Finacle is a subsidiary of Infosys that provides digital banking solutions, including core banking, lending, digital engagement, and AI-powered services.

How does Infosys contribute to sustainability?

Infosys is committed to being an environmentally sustainable organization, fostering an inclusive workplace, and driving continuous improvement through digital skills and innovation.

In which regions does Infosys generate most of its revenue?

Infosys derives 60% of its revenue from North America through its offshore outsourcing model.

Infosys Limited American Depositary Shares

NYSE:INFY

INFY Rankings

INFY Stock Data

89.19B
4.15B
12.85%
1.63%
Information Technology Services
Technology
Link
United States of America
Bengaluru