|Bid||510.50 x 900|
|Ask||515.00 x 800|
|Day's Range||501.61 - 514.35|
|52 Week Range||358.37 - 640.90|
|Beta (5Y Monthly)||1.29|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 22, 2022 - Aug 26, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||633.68|
It has been a terrible year for the stock market so far thanks to multiple headwinds ranging from geopolitical instability in Europe to rising interest rates to surging inflation. Growth stocks have been hit even harder, with a 36.7% slide in the tech-heavy Nasdaq-100 Technology Sector index that contains several fast-growing companies. With the S&P 500 entering bear market territory and analysts expecting the stock market to slide further, it won't be surprising to see stocks of fast-growing companies head lower.
To value a stock, free cash flow is often a better metric to use than earnings. But in the software space, it's the opposite.
Infosys (INFY) collaborates with TK Elevator to provide digitally enabled service desk and workplace operation solutions, integrating with its Cobalt solution portfolio.