Infy promoters lose over Rs 1,200 crore in Q4! These 50 stocks surged up to 120% in 2017

ET Markets Daily Brief | Thu, Apr 13, 2017 | 04:12 PM IST Follow ET Markets

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Sikka says all's well, but Infosys promoters lost over Rs 1,200 crore during March quarter Nandan Nilekani, S Gopalakrishnan, SD Shibulal and K Dinesh saw wealth erosion by Rs 268 crore, Rs 307 crore, Rs 179 crore and Rs 118 crore, respectively. Infosys disappoints with results, but cheers with giveaways: Key takeaways from Q4 earnings The company announced a big bonanza for shareholders, pledging to return Rs 13,000 crore from its cash reserves as dividend or share buyback in FY18. Infosys' slow momentum may continue in coming quarters; expect more pressure on stock The slower growth trajectory is not expected to change any time soon considering the company's unambitious forecast for FY18.

Interview One to One The long-term trajectory, the revenue per FTE has improved, the margins have held steady and we have grown in line wi... Vishal Sikka , Infosys

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Market Watch 13 Apr | 04:12PM| SENSEX NIFTY USD/INR GOLD 29461.45 ↓-182.03 9150.80 ↓-52.65 64.41 ↓-0.26 29380.00 ↑151.00

Gainers Losers 13 Apr, 2017, 04:12PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low

Tweet of the day... IT stocks tumble after Infosys posts weak Q4 results

FROM THE NEWSPAPER

The return of FIIs: These 50 stocks from BSE500 index surged up to 120% in 2017 The top gainers on the list included Future Retail, which doubled investor wealth between December 30, 2016 and April 12. Shares of Future Retail surged 118%. IOC m-cap surpasses Rs 2 lakh crore; shares hit new all-time high Oil retailers on Wednesday had announced that come May 1, petrol and diesel prices will change every day in sync with international rates. Infosys Q4 profit at Rs 3,603 crore; firm to pay Rs 13,000 crore to shareholders Infosys reported a consolidated net profit of Rs 3603 crore for the quarter ended March 31, 2017. This was better than Rs 3,565 crore profit anticipated by analysts. Nifty outlook: Expect trading in capped range, key support in 9,150-9,170 zone We expect a modestly negative opening on Thursday, but the 9,150-9,170 zone will continue to provide a bottom and inherent strength on the charts. Top cues that changed your market while you were sleeping At 6.26 am, Nifty50 futures on the Singapore Stock Exchange were trading 32 points lower at 9,200, indicating a negative opening for the domestic market.

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