The Latest Breaking News from Infy

Emerging markets are buzzing with opportunities, particularly as the BRICS bloc continues to expand and evolve. Therefore, investors looking to seek exposure to emerging markets could consider buying the shares of fundamentally sound companies like Taiwan Semiconductor Manufacturing Company (TSM), Alibaba Group Holding (BABA), and Infosys (INFY). Read on….

Infosys Ltd, the Indian consulting and software company, is becoming a free cash flow producer based on its generative AI software services. INFY stock looks cheap based on a reasonable FCF yield metric.

Infosys Limited (NYSE: INFY) is scheduled to report first-quarter fiscal 2023 results on Jul 24. Over the trailing four quarters, the India-based IT services provider's earnings beat the Zacks Consensus Estimate once, met the same on two occasions and missed it once, the average beat being 0.2%.

Infosys (NYSE: INFY) recently announced that it has signed a definitive agreement to acquire the Denmark-based technology and consulting firm in the life sciences industry – BASE Life Science.

Infosys (NYSE:INFY) has outperformed the market over the past 20 years by 5.72% on an annualized basis producing an average annual return of 12.72%. Currently, Infosys has a market capitalization of $78.03 billion.

Infosys (NYSE:INFY) has outperformed the market over the past 10 years by 1.92% on an annualized basis producing an average annual return of 12.62%. Currently, Infosys has a market capitalization of $76.12 billion.

On Wednesday, shares of Infosys Limited (NYSE: INFY) experienced volatile short activity. After the activity, the stock price went up +0.90% to $19.03.  The overall sentiment for INFY has been Bearish.

If history is any guide, there may be trouble ahead for shares of Infosys (NYSE:INFY). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Infosys Ltd (NYSE:INFY) reported fourth-quarter FY22 revenue growth of 20.6% year-on-year to $4.28 billion (CC), missing the consensus of $4.29 billion. Q4 sequential growth was 1.2%. TCV of large deal wins was $2.3 billion.  Digital revenue grew 38.8% Y/Y to $2.53 billion, while Core revenue stood at $1.75 billion. The operating margin contracted…