Infosys Limited is a large cap company in tech sector. It belongs to Nifty 50 group of companies. Therefore Infosys share price fluctuations affect the movement of benchmark index.
Infosys Share Price Graph
Infosys started its journey in 1981 by 7 partners with a capital of mere $ 250. Though at the start it faced a few jolts, it made history in Indian IT sector by becoming the top company in Indian IT sector and becoming a multi-million dollar global IT giant from a capital of $ 250. Today it amassed such wealth, the market capitalisation of share price of Infosys has reached a huge sum of Rs. 2,16,682 crores.
Infosys had started with lots of pioneering ideas. One of them was GDM or global delivery model. It revolves around the idea of taking the work to places where the talent lies. This idea helped a lot in offshoring jobs – making outsourcing possible with least amount of risk and maximum capital utilisation.
Infosys Limited is a global IT giant having strong presence in more than 61 countries and 50branch offices across the world. Focusing mostly on outsourcing jobs, it led the boom in Indian IT industry and grew in multiples. Its business area includes outsourcing, IT solution providing, software and hardware engineering, remote management of office infrastructure, B2B and B2C service providing and IT related R&D services.
Infosys earns 97% of its revenue from existing customers. With a view to satisfy its customers Infosys always maintains strong focus in R&D activity. SETLabs (Software Engineering and Technology Labs), its wholly owned subsidiary has considerable contribution in IT sector, derived from its R&D activity.
It is listed in NSE and BSE as Infosys and in NASDAQ as INFY. Today this company is the leader in Indian IT sector with a revenue of nearly $ 60 billion.
Infosys has been awarded several times by national and international bodies for its excellence in its field.
Company Financials – Infosys share price is Rs 943.35 (as on 23.06.17, EOD) in BSE. As per latest data, the standalone basis P/E is 15.68 versus average industry PE of 17.55, EPS is Rs 60.16. Market cap is Rs 2,16,682 crores. The face value of share is Rs 5.
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