|Bid||13.30 x 3100|
|Ask||13.69 x 1300|
|Day's Range||13.44 - 13.64|
|52 Week Range||6.76 - 13.74|
|Beta (5Y Monthly)||0.53|
|PE Ratio (TTM)||24.55|
|Forward Dividend & Yield||0.25 (1.85%)|
|Ex-Dividend Date||May 29, 2020|
|1y Target Est||12.76|
Infosys (INFY) intends to hire 500 additional employees in Rhode Island, U.S., as part of its recent commitment to add 12,000 American workers to the company's workforce over the next two years.
Indian shares edged up on Thursday after activity in the country's coronavirus-crippled services industry contracted at a slower pace than in July, while Vodafone Idea rose after a report said U.S. wireless carrier Verizon Communications and Amazon.com Inc may invest in the company. A survey showed activity in India's services industry fell for a sixth straight month as coronavirus restrictions continued to hurt business operations and demand, but improved from July. "The numbers are not that good, but its not that bad either, and markets don't have anything to immediately react to, so we are taking positive cues from global markets which are doing fairly well," said Deepak Jasani, head of research at HDFC Securities in Mumbai.
India-based IT firm Infosys plans to hire 12,000 employees in the U.S. over the next two years, building on an initiative it launched in 2017 to dramatically expand its workforce in America. The latest announcement brings the company’s total job commitments to 25,000 over the next five years.