Infosys Seeks 10 Days To Respond To DGGI Notice: Srcs

Infosys GST Notice Case: कंपनी को राहत नहीं, ₹28,500 Cr के GST Tax मामले में जांच जारी | IT Index

Infosys Q4 Results: Management on the financial results for the fourth quarter of FY 2023-24 | LIVE

Companies including Infosys, SBI, Titan, Britannia Industries, Divis Labs, Ambuja Cements, Bank of India and more may remain under the spotlight before the opening bell on Monday, August 6.

Stocks in news: Infosys, SBI, Titan, Airtel, Britannia, Divis Labs and Ambuja Cements

The Bengaluru-based firm sent out another statement Thursday evening, saying that the pre-show-cause notice by the state authority had been withdrawn, and it had been directed to submit a response to the GST intelligence directorate in New Delhi. In a further update Saturday, Infosys said that the notice for the financial year ended in March 2018, covering 12% of the demand, stood “closed.”

Infosys coded India’s tax network, it got a $4 billion bill

Nifty Around 24,000, Sensex Plunges 2,400 Points, Tata Motors, ONGC, Infosys Among Top Losers

Infosys said the Directorate General of Goods and Services Tax Intelligence (DGGI) is concluding the pre-show cause notice proceedings for FY18. The GST amount for the period was ₹3,898 crore.

Infosys GST notice: DGGI withdraws ₹3,898 cr for FY18

Infosys said Wednesday it has paid all that it is legally required to - and even investors don’t believe that India’s second-largest software exporter needs to provide for the alleged liability

Infosys coded tax network in India, it got a Rs 32,400 cr GST notice

Buzzing Stocks Today, Stocks that will see action today: 5 August 2024 - Zomato, Infosys, JSW Steel, Adani, Power Mech Projects, Gland Pharma, SJVN, Ashoka Buildcon, Dee Development, Savita Oil, Jay Bharat Maruti, SBI

Stock that will see action today: 5 August 2024

At 6:41 AM, GIFT Nifty futures were down 369 points, trading at 24,342.50, suggesting a gap-down start: Stocks to Watch on August 5

Stocks to Watch on August 5: Infosys, SBI, Titan, Britannia, Ambuja Cement

The past week saw domestic markets close marginally lower amid volatility. Key highlights included SBI’s 0.9% rise in Q1 net profit, Titans slight profit decrease, and Divi’s Labs’ 21% profit growth. Airtel, ONGC, and Marico were noted for upcoming Q1 results, while Infosys had significant regulatory updates.

Stocks in news: SBI, Airtel, ONGC, Titan, Infosys, JSW Steel, IDBI Bank

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services.

Infosys Ltd

Infosys Ltd

Scorecard

News & Opinions

News Video

Infosys Seeks 10 Days To Respond To DGGI Notice: Srcs

News Video

Infosys GST Notice Case: कंपनी को राहत नहीं, ₹28,500 Cr के GST Tax मामले में जांच जारी | IT Index

News Video

Infosys Q4 Results: Management on the financial results for the fourth quarter of FY 2023-24 | LIVE

Stocks in news: Infosys, SBI, Titan, Airtel, Britannia, Divis Labs and Ambuja Cements

Infosys coded India’s tax network, it got a $4 billion bill

News Video

Nifty Around 24,000, Sensex Plunges 2,400 Points, Tata Motors, ONGC, Infosys Among Top Losers

Infosys GST notice: DGGI withdraws ₹3,898 cr for FY18