Information About Infosys Ltd Stocks Price:

Infosys is a global pioneer in IT, end-to-end outsourcing, and consulting services. Its clientele is spread across 45 countries, which are continually being helped by Infosys in their journey towards digital transformation. Its software-related products have assisted companies in several domains such as manufacturing, finance, banking, insurance, et cetera. This state-of-the-art software has not only boosted their potential, but they have also increased their efficiencies and helped them stay updated with the technological trends of our times. Infosys is also working on the latest technologies such as artificial intelligence and machine learning to elevate business standards and help enterprises function better.

One of the most popular products that Infosys has developed is Finacle - a banking solution used prominently by banks and leading financial institutions in more than 90 countries. Some of the leading clients are IndusInd Bank, State Bank of India, Axis Bank, Bank of Alexandria, et cetera.

Infosys has also developed a platform known as Infosys Nia which is driven by Artificial Intelligence. Its primary objective is to promote automation and innovation. Its other products include Infosys Consulting, Panaya Cloud Suite, et cetera.

History of Infosys:

In 1981, the company was founded by N.R Narayana Murthy and six engineers in Pune, India. They started with an initial capital of just $250, and over the course of the last 37 years, they have grown tremendously with their revenue now being more than Rs.50,000 crore. The company presently employs more than 2,00,000 people across the globe.

In February 1993, Infosys made its first IPO (Initial Public Offering) and entered the secondary market in India, later that year in June.

Management of Infosys Ltd:

Salil S. Parekh - CEO and MD

Salil took over the reins of the company at a time when people were questioning its leadership and management. However, his appointment as the CEO and MD soon put the speculations to rest. His previous stint was at Capgemini, where he was a member of the Executive Board and held many management positions over his tenure of 25 years. He is a genius of the IT industry and contains a great deal of experience in enabling digital transformations and business turnarounds for enterprises. His Alma Mater comprises Cornell University and Indian Institute of Technology, Bombay.

Pravin Rao - Chief Operating Officer

Rao has been with Infosys since 1986 and has held various positions over the years as Chief Executive Officer, Delivery Head for Europe, Head of Infrastructure Management Services, et cetera. As COO, his primary role is to maintain the standards and high levels of excellence across fundamental processes, policies, and systems of the company.

Nandan Nilekani - Non-Executive Chairman of the Board

Nilekani is the co-founder of Infosys, and most recently, he served as the Chairman of the Unique Identification Authority of India (UIDAI). He has been honored with several accolades like Padma Bhushan, Joseph Schumpeter prize, et cetera, and He was also recognized as "Businessman of the Year" by Forbes Asia.

Infosys Stock Information:

Infosys Limited is a leading MNC in India which offers business consulting solutions, I.T services and outsourcing to clients across 45 countries.

Infosys Listing and Indices:

Infosys stocks, along with its share price, are listed on NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) and can be traded accordingly. Furthermore, Infosys stocks can also be bought and sold on international exchanges as well, like the New York Stock Exchange (NYSE), NYSE Euronext London, and NYSE Euronext Paris.

Infosys Limited is also a part of several essential indices which indicate the general health of stock markets. These indices are generally based on either market capitalization, industry to which the company belongs, size, et cetera.

Infosys represents the information technology sector and is one of the 30 companies which comprise the SENSEX, also known as S&P BSE SENSEX. Infosys is also part of NIFTY 50, the second primary stock market index in India. Apart from these two indices, Infosys is also a part of NIFTY 100, NIFTY 500, S&P BSE Large Cap, S&P BSE 100, S&P BSE Information Technology, et cetera.

Market Capitalization:

The total market capitalization of Infosys as of December 2017 is more than Rs.2,47,940 crore.

Company's Wealth and Recent Performance:

In its quarterly report for the Third Quarter of the FY 2017-18, Infosys had reported its revenue to be at Rs.17,794 crore, taking the year-to-date tally to a Rs.52,439 crore.

The net profit in the same quarter is reported to be at Rs.5,129 crore, which is a 38.3% increase over the net profit reported in Q3 FY 2016-17. The net profit figure for the FY 2017-18 YTD is Rs.12,339 crore.

The total assets of Infosys Limited, as of Q3 18, are valued to be at Rs.75,955 crore of which, more than half comes from cash and equivalents, trade receivables, and prepayments. As for the total liabilities, they are worth Rs.14,981 crore, with equities comprising the rest.

Why Invest in Infosys?

One of the primary reasons to invest in Infosys right now is because of the appointment of Salil Parekh as the new Chief Executive Officer and the Managing Director of Infosys. He previously was an executive board member at Capgemini, and many industry experts believe that he is the perfect man to lead this company.

Infosys has also signed the Advance Pricing Agreement with the U.S Internal Revenue Services. The APA effectively streamlines the company's tax obligations concerning the U.S operations.

Stocks or Mutual Funds: Here is our recommendation

A lot of research and knowledge is required in stock market investments, and generally, they don't offer any tax benefits. Hence at mymoneykarma, we merely motivate our readers to invest in mutual funds. Investing in mutual funds doesn't require a lot of knowledge, and equity-linked mutual fund schemes also provide tax benefits. In addition to it, since mutual funds contain stocks from multiple companies, they help in building a diversified portfolio.

Note: The contents of this post/blog do not constitute any professional advice on a specific financial matter.

Indexes and Exchages

Bombay Stock Exchange (BSE)

The Bombay Stock Exchange, popularly called BSE, is Asia's first and oldest stock exchange. Located at Dalal Street in Mumbai, the BSE was formally established in 1875 by an influential stockbroker and businessman called Premchand Roychand. In the initial days, the BSE had its meetings under several Banyan trees in Mumbai before finding a permanent place, which is very appropriately named Dalal Street or Broker Street. After functioning as a floor trading exchange for more than a century, BSE ascended the digital ladder in 1995 by implementing a new screen-based automated trading platform with a capacity of 8 million orders in a day. In 2012, the BSE went global by becoming a Partner Exchange of the United Nations Sustainable Stock Exchange. Subsequently, BSE established India's first international exchange, called INX, in 2016.

National Stock Exchange (NSE)

NSE was set up in 1992 by a group of leading Indian financial institutions, following the Indian Government's directives. It aimed to bring transparency to the Indian capital market. It was India's first demutualized electronic exchange which operated on a completely automated screen-based electronic trading system, offering an easy trading facility to all Indian investors. NSE began its operations in the Wholesale Debt Market segment in 1994. NSE was the first company in India to offer a digital platform that connected the investor base of the entire country. NSE offers services in various segments, such as trading, equity derivatives, clearing and settlement services in equity, debt and currency derivatives, etc.

NIFTY Index

The NIFTY is NSE's flagship index that tracks the behavior of a portfolio of blue-chip companies that have the largest and most liquid Indian securities. It is owned as well as managed by IISL (India Index Services and Products Ltd), which is India's first specialized company to focus on an index as a core product. Nifty indexes 50 of the 1600 companies on the National Stock Exchange (NSE) and is thus popularly referred to as 'Nifty 50'. It captures approximately 65% of its float-adjusted market capitalization and is a true reflection of the Indian stock market. The Nifty 50 includes the major sectors of the Indian economy. It offers the exposure to the Indian market in one efficient portfolio. The Nifty index has been trading since April 1996. It is ideally suited for index funds, benchmarking and index-based derivatives.

SENSEX Index

Sensex is BSE's stock market index. It consists of 30 well-established and financially flourishing companies listed on BSE. It was established in 1986. These 30 component companies are known for being the largest and most actively traded stocks. They represent various industrial sectors of the Indian economy. Sensex is also known as BSE 30 and S&P BSE SENSEX. The word 'Sensex' is a portmanteau of the words 'Sensitive' and 'Index.' SENSEX is widely reported in domestic and international markets through print and electronic media. The indexing system is scientifically designed, based on globally accepted construction and review methodology. Since September 2003, S&P BSE Sensex is being determined on a free-float market capitalization methodology.