India's Tech Mahindra aiming for bigger bite of bank tech spends, CEO says [Yahoo! Finance]
Infosys Limited American Depositary Shares (INFY)
Last infosys limited american depositary shares earnings: 4/21 04:00 pm
Check Earnings Report
US:NASDAQ Investor Relations:
infosys.com/investors
Company Research
Source: Yahoo! Finance
BENGALURU (Reuters) - India's Tech Mahindra is stepping up focus on its banking, financial services and insurance (BFSI) business in a bid to bridge the gap with larger peers which have historically made more revenue from the lucrative segment, its CEO said in an interview. Mohit Joshi, who took the helm of India's No.5 software services exporter in December 2023 after more than two decades at Infosys, wants to increase the share of BFSI in Tech Mahindra's revenue mix by up to 25% by March 2027, from about 16% currently. Some of Tech Mahindra's peers in the $254 billion Indian IT sector already make as much as a third of their revenue from this sector. "We still have a lot of room to catch up," said Joshi, who started out as a banker with ABN Amro and ANZ before joining Infosys. "I do expect that the relative share of BFSI revenue within TechM will increase, but...organically." Unlike its peers, Tech Mahindra has relied heavily on telecom clients to boost revenue. That will c
Show less
Read more
Impact Snapshot
Event Time:
INFY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
INFY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
INFY alerts
High impacting Infosys Limited American Depositary Shares news events
Weekly update
A roundup of the hottest topics
INFY
News
- Inside India's 'Silicon Valley' [Business Insider]Business Insider
- Infosys Achieves Binding Corporate Rules Certification from EU Data Protection Authorities [Yahoo! Finance]Yahoo! Finance
- Infosys Achieves Binding Corporate Rules Certification from EU Data Protection Authorities [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Infosys Achieves Binding Corporate Rules Certification from EU Data Protection AuthoritiesPR Newswire
- Infosys Achieves Binding Corporate Rules Certification from EU Data Protection AuthoritiesPR Newswire
INFY
Earnings
- 10/18/24 - In-Line
INFY
Sec Filings
- 12/2/24 - Form 144
- 12/2/24 - Form 6-K
- 11/18/24 - Form 6-K
- INFY's page on the SEC website