Infosys Ltd

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, and Sterling Bank of Asia (Sterling Bank), one of the most progressive banks in the Philippines, today announced the bank's decision to select Infosys Finacle Software-as-a Service (SaaS) platform for its transformation program. Sterling Bank has opted to leverage the Finacle Core Banking, Finacle Customer Data Hub, Finacle Trade Finance, and Finacle Origination solutions for its requirements. Through this strategic collaboration with Infosys Finacle, Sterling Bank expects to enhance the experience of both employees and customers, maintain high standards of availability and reliability in its banking services, and reduce operational complexity through automation and digitization, thereby supporting its future growth. With the new platform, Sterling Bank will be able to simplify management of technology operations by leveraging the SaaS-based deployment, allowing the bank to focus on strategic growth and innovation. Further, the bank will be able to drive faster innovation cycles while staying secure and compliant through access to periodic upgrades, security, and feature enhancements. In addition, the cloud-hosted model will help the bank scale seamlessly and on demand to support evolving business needs.

Infosys announced strategic collaboration with Sentara, a leading not-for-profit healthcare organization, to create a scalable foundation for AI-driven transformation that aims to enhance efficiency, support clinicians and staff, and improve experiences for patients and members. Vedanta incorporated a wholly owned subsidiary, Vedanta Property Platforms (VPPL) in Mumbai, Maharashtra, to undertake real estate business and ancillary activities. Life Insurance Corporation of India's chief financial officer (CFO), Sunil Agarwal has resigned from the position to pursue better prospects. Embassy Development has signed a strategic Memorandum of Understanding (MoU) with the Uttar Pradesh government. Under MoU, entails a heavy capital investment of Rs 1,500 crore to develop premium real estate projects in the high-growth Lucknow corridor. Jubilant Pharmova's wholly owned subsidiary, Jubilant Generics (JGL) has received an order from the Income Tax Department rectifying tax adjustments for the assessment year 2023-24. The adjustments have been reduced to Rs 42.41 crore from Rs 107.89 crore.Powered by Capital Market - Live

Under the agreement, Infosys will deliver AI-led managed services across GlobalFoundries' enterprise IT landscape. The engagement covers end-to-end management of application, infrastructure, data and service desk operations. GlobalFoundries selected Infosys based on its existing relationship as a technology provider and the latter's semiconductor industry expertise. The collaboration aims to transform the company's IT operations through a managed services model powered by artificial intelligence, automation and continuous optimization. The partnership is expected to help GlobalFoundries improve operational efficiency, strengthen resilience and enhance user experience as part of its ongoing digital transformation initiatives. Infosys said it will leverage its AI capabilities, domain expertise and outcome-based operating model to help reduce IT incidents, improve end-user experiences and lower total cost of ownership over the long term. The company added that the engagement will support GlobalFoundries' transition from reactive IT management to predictive and autonomous service delivery. Infosys is a global leader in business consulting and technology services. The company reported a 27.75% increase in consolidated net profit to Rs 8,501 crore on a 2.02% rise in revenue from operations to Rs 46,402 crore in Q4 FY26 over Q3 FY26. Powered by Capital Market - Live

Securities inF&O Ban: Shares of Kaynes Technology India are banned from F&O trading on 24 June 2026. Stocks to Watch: Infosys announced an expanded multi-year collaboration with GlobalFoundries (GF) to deliver AI-led managed services across GF's enterprise IT landscape. NLC India signed memorandum of understanding (MoU) with Indian Oil Corporation (IOCL) for formation of a joint venture (JV) for establishment of renewable energy power projects in Tamil Nadu. Yes Bank's board is scheduled to meet on Monday, 29 June 2026 to consider raising funds through debt or equity route. Indian Railway Finance Corporation (IRFC)'s promoter, government of India announced offer for sale to divest upto 2% to sell 26.1 crore with a floor price of Rs 91 per share. Honasa Conusmer's board approved to acquire 58% stake in Fluence PHarma for an enterprise value of Rs 135 crore. Rashi Peripherals signed definitve agreement to acquire 67% controlling stake in VDA Infosolutions for total consideration of Rs 369 crore.Powered by Capital Market - Live

Infosys has allotted 3,22,925 equity shares under ESOP. Consequently, effective from 21 June 2026, the issued and subscribed share capital of the Company stands increased to Rs 20,28,78,94,150/- divided into 4,05,75,78,830 equity shares of face value of Rs 5/- each.

The Nifty June 2026 futures closed at 24,077, a premium of 63.90 points compared with the Nifty's closing at 24,013.10 in the cash market. In the cash market, the Nifty 50 index declined 154.90 points or 0.64% to 24,013.10. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rose 2.34% to 12.97. Infosys, Tata Consultancy Service (TCS) and HDFC Bank were the top-traded individual stock futures contracts in the F&O segment of the NSE. The June 2026 F&O contracts will expire on 30 June 2026.Powered by Capital Market - Live

Thomas Cook (India) Ltd, Tata Consultancy Services Ltd, Bata India Ltd and LTM Ltd are among the other losers in the BSE's 'A' group today, 19 June 2026.Infosys Ltd crashed 7.51% to Rs 1042.55 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 16.47 lakh shares were traded on the counter so far as against the average daily volumes of 6.04 lakh shares in the past one month.Thomas Cook (India) Ltd tumbled 4.83% to Rs 111.05. The stock was the second biggest loser in 'A' group.On the BSE, 1.06 lakh shares were traded on the counter so far as against the average daily volumes of 4.23 lakh shares in the past one month.Tata Consultancy Services Ltd lost 4.64% to Rs 2102. The stock was the third biggest loser in 'A' group.On the BSE, 5.8 lakh shares were traded on the counter so far as against the average daily volumes of 3.15 lakh shares in the past one month.Bata India Ltd plummeted 4.48% to Rs 755. The stock was the fourth biggest loser in 'A' group.On the BSE, 2.1 lakh shares were traded on the counter so far as against the average daily volumes of 45191 shares in the past one month.LTM Ltd fell 4.41% to Rs 3818.85. The stock was the fifth biggest loser in 'A' group.On the BSE, 34675 shares were traded on the counter so far as against the average daily volumes of 17692 shares in the past one month.Powered by Capital Market - Live

Infosys Ltd fell 7.21% today to trade at Rs 1046. The BSE Information Technology index is down 5.35% to quote at 26333.12. The index is down 6.97 % over last one month. Among the other constituents of the index, Tech Mahindra Ltd decreased 6.06% and Tata Consultancy Services Ltd lost 5.88% on the day. The BSE Information Technology index went down 30.56 % over last one year compared to the 5.74% fall in benchmark SENSEX. Infosys Ltd has lost 12.6% over last one month compared to 6.97% fall in BSE Information Technology index and 1.82% rise in the SENSEX. On the BSE, 2.33 lakh shares were traded in the counter so far compared with average daily volumes of 6.2 lakh shares in the past one month. The stock hit a record high of Rs 1727.85 on 03 Feb 2026. The stock hit a 52-week low of Rs 1041.3 on 19 Jun 2026.Powered by Capital Market - Live

The key equity indices ended with moderate gains on Wednesday, extending their gains for fourth trading session. Market sentiment stayed positive following the peace agreement between the United States and Iran, which eased geopolitical concerns and supported risk appetite. However, caution prevailed due to delays in monsoon progress, which have heightened concerns over food inflation. Market participants will closely track key outcomes from the G7 Summit, along with monsoon developments, foreign institutional investor (FII) activity, and inflation trends for further directional cues. The Nifty settled above 24,050 mark Consumer durables, PSU Bank and metal shares advanced while auto, realty and FMCG shares declined. As per provisional closing data, the barometer index, the S&P BSE Sensex advanced 347.14 points or 0.45% to 77,155.62. The Nifty 50 index rose 96.55 points or 0.40% to 24,085.70. In the four straight trading sessions, the Sensex surged 4.50%, while the Nifty gained 3.99%. The broader market outperformed the frontline indices. The BSE 150 MidCap Index gained 0.73% and the BSE 250 SmallCap Index added 0.58%. The market breadth was strong. On the BSE 2,408 shares rose and 1,871 shares fell. A total of 172 shares were unchanged. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 94.5200 compared with its close of 94.6000 during the previous trading session. Monsoon Gap Raises Concerns: India's southwest monsoon has stalled after reaching Kerala, leaving the country with a rainfall deficit of 35% as of 16 June. The shortfall is most severe in central India (63%) and eastern and northeastern regions (43%), while the monsoon has yet to reach Mumbai, more than a week after its normal arrival date. The delay comes amid growing concerns over a developing El Ni'o, which typically weakens monsoon rains. The India Meteorological Department (IMD) expects the current slowdown to persist for another five to six days due to unfavorable weather conditions. In response, the Centre has placed 150-200 districts under close monitoring, asked states to prepare crop contingency plans, and warned that a weak monsoon could increase food inflation and pressure agricultural output. Despite the concerns, officials said seed, fertiliser and reservoir stocks remain adequate for now. G7 Summit: The Group of Seven (G7) is an annual forum comprising the world's leading advanced economies that discusses key global economic, security, and geopolitical issues. The 2026 G7 Summit is being hosted by France in 'vian-les-Bains from 15 to 17 June. Prime Minister Narendra Modi yesterday addressed the Outreach Session on ''Forging New Partnerships and Rebuilding International Solidarity', at the G7 Summit in Evian, France. In his intervention, Prime Minister underlined that, in an interconnected world, where energy, food, health, cyber, and economic security are intertwined, building international partnerships was a necessity for the progress and prosperity of humanity. He further added that, in an uncertain world, trade and technology were being misused for narrow interests, leading to a trust deficit in the international arena. Among the key developments being closely watched is the meeting between Indian Prime Minister Narendra Modi and U.S. President Donald Trump. Buzzing Index: The Nifty Consumer Durables index jumped 2.11% to 37,223.40. The index rallied 8.94% for the four consecutive trading sessions. Dixon Technologies (India) (up 4.99%), Blue Star (up 4.51%), Crompton Greaves Consumer Electricals (up 4.19%), PG Electroplast (up 3.46%) and Voltas (up 1.78%), Kajaria Ceramics (up 1.76%), Havells India (up 1.32%), Titan Company (up 1.13%), Kalyan Jewellers India (up 0.96%) and Amber Enterprises India (up 0.76%) surged. Stocks in Spotlight: Infosys rose 1.06% after the company announced a strategic, long-term collaboration with Valmet, a global technology leader serving process industries. The company will deploy its AI-powered Infosys Topaz Fabric, a composable and open agentic services suite, to embed intelligence across IT operations. Under the agreement, the company will modernize Valmet's core IT services and deliver end-to-end IT transformation initiatives aimed at enhancing operational efficiency and aligning IT operations more closely with business priorities. Wipro advanced 0.88% after the company announced the launch of its Applied AI Center of Excellence (CoE) for Claude models powered by Anthropic, reinforcing its commitment to accelerating enterprise AI adoption and impact. The CoE, a key initiative under the company's AI-Native Business & Platforms Unit, is aimed at scaling enterprise AI adoption and embedding AI capabilities into core business workflows across industries. Tata Capital shed 0.66%. The company said that its board of directors has approved a proposal to raise up to Rs 36,000 crore through the issuance of non-convertible debentures (NCDs) on a private placement basis, subject to shareholder approval. The issuance may be undertaken in one or more tranches through one or more categories of instruments, including secured or unsecured NCDs, subordinated debt, perpetual debt instruments, market-linked debentures and green bonds. Dixon Technologies (India) surged 4.97% after reports indicated that the government may soon approve the company's proposed joint venture with Chinese smartphone maker Vivo. The proposed venture is expected to focus on manufacturing smartphones and other electronic devices in India. Reports suggest Vivo's manufacturing facility in Noida could be brought under the joint venture structure, helping the company strengthen its local manufacturing presence. Puravankara rose 1.10% after the real estate developer announced the acquisition of a 9.73-acre land parcel in North Bengaluru. The company said the land parcel is located at Sanna Ammanikere in the rapidly developing airport corridor. The project has a development potential of around 0.89 million square feet and an estimated gross development value (GDV) of Rs 800 crore. Meta Infotech hit an upper circuit of 5% after the company announced the receipt of significant renewal orders from a leading stock exchange and a private sector bank. In a regulatory filing, the company stated that it has secured a renewal order worth Rs 2.20 crore from one of India's leading stock exchanges for software subscription services. The contract covers the period from 23 June 2026 to 22 June 2027 and is scheduled to be executed within 15 days. Krishna Defence and Allied Industries rallied 8.34% after the company announced a new order from the Ministry of Defence. The company said it has received an order worth Rs 45.64 crore, for the supply of special steel products to be used in a shipbuilding project. According to the company, the order is scheduled to be executed within eight months. Prime Focus hit the 5% upper circuit after the Securities and Exchange Board of India (SEBI) closed adjudication proceedings against the company, its promoters, directors and chief financial officer. The case stemmed from SEBI's investigation into two intra-group business transfer transactions undertaken in FY20 and FY22. The regulator had alleged that the accounting treatment adopted for the transactions inflated profits and net worth, resulting in misleading financial statements. In its final order, SEBI held that the allegations were not established. The adjudicating officer noted that the accounting provisions cited in the show-cause notice applied to the acquiring entity, while Prime Focus was the transferor in the transactions. Global Market: Most European market declined as U.K. inflation held at 2.8% in May from 2.8% in April 2026. Britain's Office for National Statistics said Wednesday that transport had been the biggest contributor to rising prices in May, partially offset by falling food and non-alcoholic drink prices. The Bank of England is expected to hold interest rates at 3.75% at its policy meeting on Thursday. The U.K.'s May print was lower than the euro zone's 3.2% reading for May, and the U.S. May inflation rate of 4.2%. Most Asian market ended lower Wednesday as traders looked ahead to the US central bank's interest rate decision. Wednesday's Federal Open Market Committee meeting marks the first one with new Chairman Kevin Warsh at the helm of the U.S. central bank. Investors are largely expecting that the Fed will keep interest rates unchanged at a target range of 3.5% to 3.75%. Meanwhile, Japan's exports in May grew at their fastest pace since November 2022, rising 17% year on year, driven by robust demand for cars and semiconductors. Growth was higher than the 16.2% figure that was widely reported in the media, and up from the 14.8% in April. Overnight on Wall Street, the Dow Jones Industrial Average rose to a record high on Tuesday as investors rotated out of chipmakers and into cyclical stocks amid declining oil prices. The 30-stock index advanced 328.64 points, or 0.64%, for a record close of 51,999.67. It scored a new all-time intraday high of 52,190.29 in the session. The S&P 500 fell 0.57% and ended at 7,511.35, while the Nasdaq Composite pulled back 1.15% to 26,376.34.Powered by Capital Market - Live

Under the agreement, the company will modernize Valmet's core IT services and deliver end-to-end IT transformation initiatives aimed at enhancing operational efficiency and aligning IT operations more closely with business priorities. As part of the engagement, Infosys will leverage its industry expertise and technology capabilities to align Valmet's IT ecosystem with the company's strategic objectives under its 'Lead the Way' strategy. The collaboration is expected to help reduce operational costs, optimize resources, enable proactive management of enterprise-wide IT operations, and strengthen a resilient and future-ready IT foundation. The company will deploy its AI-powered Infosys Topaz Fabric, a composable and open agentic services suite, to embed intelligence across IT operations. The platform's human-in-the-loop approach is designed to ensure governance, transparency, and accuracy while improving productivity, accelerating issue resolution, and enhancing operational resilience. The company will also utilize Infosys Cobalt, its cloud transformation offering, to establish scalable, secure, and future-ready cloud foundations that support IT modernization. Together, these capabilities are expected to enable an AI-first operating model, driving sustained operational efficiency, improved resiliency, and long-term business agility. Arto Huuskonen, VP IT Transformation, Valmet, said, 'At Valmet, our target is to build a resilient, future-ready digital foundation that supports the execution of our Lead the Way strategy. As we modernize our IT landscape, we are focused on improving operational efficiency and strengthening governance. Infosys brings strong capabilities across AI, cloud, and managed services, supported by a structured and responsible approach to AI adoption. This collaboration with Infosys will help us accelerate our transformation journey and create a scalable IT operation model that supports our evolving business needs.' Jasmeet Singh, EVP and Global Head of Manufacturing, Infosys, said, 'In today's rapidly evolving business landscape, enterprises must embrace AI-first, business-aligned, and future-ready ecosystems to unlock value at scale. Our collaboration with Valmet exemplifies Infosys' commitment to driving transformative outcomes by leveraging the power of Infosys Topaz and Infosys Cobalt. Together, we aim to accelerate innovation, enhance operational agility, and create sustained, scalable impact that aligns with Valmet's long-term strategic vision.' Infosys is a global leader in next-generation digital services and consulting. The company reported a 27.75% increase in consolidated net profit to Rs 8,501 crore on a 2.02% rise in revenue from operations to Rs 46,402 crore in Q4 FY26 compared with Q3 FY26. Powered by Capital Market - Live