Discover and read the best of Twitter Threads about #Infosys

Most recents (23)

I have worked with Infosys and other IT companies for 10 years, let me explain why the mess up with tax portal happened and how #TCS attacked #Infosys indirectly through this ₹4200 crore IT portal project in this 🧵
When it comes to handling government projects TCS is the real king, not only in India they run government projects for many countries, TCS have decades of experience and expertise in handling various govt projects successfully.
TCS handles major project like Passport Seva Kendra, India Post and IRCTC. We all know how flawless these portals are. Infosys won the Tax project through a bidding process. The Income Tax portal was previously run by TCS. Once TCS lost its project to Infy, problem started.
Read 8 tweets
A thread of now tech is changing gears in banking & financial domain.

The banking is undergoing a tremendous change with the adoption of the technology. The business that's mainly run by legacy systems is now digitally transforming.
However, there is a catch. There are companies that offer digital transformation solutions to the legacy systems. Companies such as #IntellectDesign

Then there are digitally native banks such as #Kakaobank that's fully digital since inception.
In fact, #kakaobank was build based on "technology to process" approach. While traditional banks struggle with "process to technology".
Read 17 tweets
Real story of American Dollar v/s Indian Rupee
(Very Interesting Thread)

An Advice to all who are worrying about fall of Indian Rupee.

Throughout the country, please stop using cars except for emergency for only seven days (Just 7 days)

1/n
Definitely Dollar rate will come down. This is true.

The value to dollar is given by petrol only. This is called Derivative Trading. America has stopped valuing its Dollar with Gold 70 years ago.

2/n
Americans understood that Petrol is equally valuable as Gold so they made Agreement with all the Middle East countries to sell petrol in Dollars only.

That is why Americans print their Dollar as legal tender for debts.

3/n
Read 20 tweets
Trading strategy 1/n
1. Shortlist stocks above 100 DMA
2. Spot the ones that take support at 10 DMA
#nifty50 #NIFTYFUTURE #Nifty #daytrading #Sensex #NSE #tradingtips #banknifty #StockMarket #StocksToWatch #investing #NSE #stocks #StocksToBuy #forextrading #forex #ICICI #buyback
Trading strategy 2/n:
3. Limit Buy 2% below the 10 DMA support
4. SL at 1.5 ATR or exit after 5 trading days or when 3 day RSI above 50 #nifty50 #NIFTYFUTURE #Nifty #daytrading #Sensex #NSE #tradingtips #banknifty #StockMarket #StocksToWatch #investing #NSE #stocks #StocksToBuy
Read 5 tweets
Have you ever wonder why Indian IT companies are aggressively moving to the engineering R&D space? We have seen a humongous rally in stocks like #LTI #KPIT #HappiestMinds #TataElxsi Does the surge in the stocks are legit or it’s time to take a contrarian view? 🧵
Nifty IT Index returns in CAGR $CNXIT:

1Yr: 74.8%
3Yr: 26.2%
5Yr: 22.3%
Midcaps outperformed the large-cap, and indices:
Read 18 tweets
Big news this week on economic front has been,inclusion of Healthcare sector under @narendramodi govt's ECLGS scheme,which gives collateral free loans to MSMEs

India reporting $20bn Trade surplus with USA,in goods&$8bn in Services,bodes well too

RBI had 25000Cr auction of GSAP
Excellent move by RBI to refuse to sell securities to PDs or even allow devolution--result was,10yr bond yield that shot up to 6.13% on Thursday,on day of GSAP auction,quickly cooled off to 6.07%,by Friday

Short sellers were trapped by RBI,preventing any hardening of yield curve
Fact that economy is on track, endorsed by solid Q4 results from #HDFCBank,with Profit up 18% at Rs 8186Cr&NII up 12% YoY,at 17120Cr

Deposits up 16%
Advances up 14%;Wholesale Loans up 22%

NIM came at a good 4.2%

GrossNPA down to 1.32% from 1.38% QoQ,while NetNPA steady at 0.4%
Read 6 tweets
NOT AGAIN ! A member of a #hacking forum has allegedly breached @dominos_india and got access to 13TB of internal files (from 2015-21), which he threatens to sell if a #ransom of 50 BTC is not paid 😨
#india #databreach #infosys #gdpr
#privacy
(1/5)
Acc to him, he has internal files of 250 employees from IT, Legal, Finance, Marketing, Operations etc. Also customers details and 180M order details (name, ph number, email, delivery address, payment details) and 1M credit cards used to purchase on the @dominos app.
(2/5)
The post made by him mentions that, he will be selling the #breached data for 2 BTC or 8 BTC (according to the package one chooses). However if @dominos_india wants to prevent the data from getting sold, they will need to pay him a ransom of 50 BTC💰
(3/5)
Read 6 tweets
Indian government wants its IT hardware industry to be as globally successful as #TCS, #HCLTech and #Infosys — announces PLI scheme worth ₹7,250 crore

#PLI_ITHardware

businessinsider.in/tech/enterpris…

By @pabsgill Image
@pabsgill The Indian government announced a new production-linked incentive (PLI) scheme for IT hardware today. It includes products like laptops, tablets, all-in-one personal computers (PCs) and servers.

#PLI_ITHardware
@pabsgill “This completes the triangle of electronic manufacturing in India,” said Union Minister Ravi Shankar Prasad during today’s #UnionCabinet briefing.

#PLI_ITHardware
Read 9 tweets
In next series of tweets, I will try to present a few key highlights on Indian Tech companies. Often I hear that people want to invest in US cuz India does not offer many product companies. It is mere illusion! Let's see where we go with this series
India started as IT outsourcing hub, grew in size, made lives of many. Remained predominantly services provider. It still is, but it is transforming too. Indian IT is no longer pure services provider.
IT companies usually build reusable software components that can be wrapped to make an accelerator - something that can accelerate a functionality implemented for a new customer. All major IT companies used to have high regards for accelerator building in the past.
Read 17 tweets
Against market expectations of 753Cr loss,#YesBank reports profit of Rs 151Cr,with NII growth of solid 31%

Gross NPAs down 8.6% QoQ
Net NPAs down 12.8%

What a brilliant turnaround,thx to timely action by @narendramodi govt

Note:Yes reported Profit despite Provisions up by 85%
#TataMotors reports highest ever PV sales in Dec'20 qtr,in 33 quarters

Ditto with #JSWSteel,which,despite input inflation,recorded highest ever Q3 sales,in its history

#Infosys recently reported Constant Currency growth of 5.3%,in Dec qtr,highest ever in 8 yrs
#EconomicRecovery
#JSWSteel numbers are pretty interesting

Profit at 2669Cr in Dec Qtr,up a massive 1327% YoY

Revenue up 21%,with Ebitda/tonne in excess of Rs13000

Ebitda at 5946Cr,up a solid 143%

Margins at 27.2%,up a whopping 1360bps

And all this,despite global headwinds
#EconomicRecovery💪
Read 5 tweets
#Fitch,last year said,in FY22,India's #GDP growth will be in 8.5-9.5% range,but has now upgraded it's forecast,saying India under @narendramodi,will grow by solid 11% in 2021-22💪

GDP growth estimates for India in FY22 👇
IMF 8.8%
Nomura 9.9%
India Ratings 9.9%
Goldman Sachs 13%
Fitch,while lauding Modi Govt said,India is unusual among EMs,in having secured pre-orders of various vaccines,sufficient to cover a population-wide programme,having pre-ordered 1.6 billion vaccine doses,including 500 mln of the Oxford/AstraZeneca vaccine through a local producer
M&M expects Tractor industry to grow between 17-19% in FY22;If overall #AutoIndustry grows by 15-20%,cascading effect on GDP growth,will be superior

After stellar Nos by TCS,#Infosys also reported solid 16.6% YoY rise in consol net profit at 5197Cr for Dec qtr
#Economy #Earnings
Read 6 tweets
.@Infosys reports record $7.13 billion deal wins — raises revenue guidance after its best December quarter in eight years

By - @jainrounak

businessinsider.in/business/corpo… Image
.@Infosys delivered another blockbuster quarter, led by its largest ever deal wins so far worth $7.13 billion in the December quarter — with digital revenues accounting for over half of its total #revenue.
.@Infosys reported 7.3% growth in its profit, while its revenue growth in constant currency terms stood at 6.6%. Margin growth remained flat quarter-on-quarter at 25.4%.

#Infosys
Read 4 tweets
Took Rs. 1380 Crore in 2017 for @Infosys_GSTN but there is no end of errors. Enough of Representations to @FinMinIndia and @Infosys_GSTN. Its time to deal the corporate way. I urge all to post one error and tag one client of @Infosys and ask them if they also get such service ?
@ICICIBank
@DeutscheBank
When @Infosys designed Softwares for you, did you also face same problems like delayed OTPs after expiry, need for customer standing in online queue while logging in and mistake in calculation,like we taxpayers face as GST penalties are calculated wrong?
@Accenture When @Infosys designs Software for you, as part of Technical support do they write "Our Team will get back to you and then leave a mystery ? #ExtendGSTR9C
Read 8 tweets
I believe #ratio #charts are one of the most underrated and underutilized tools in #technicalanalysis. Do you agree?
Ever wondered which stock to chose between the two?

#HDFC or #HDFCBank?
#TCS or #Infosys?
#HeroMoto or #BajajAuto?
#ACC or #Ambuja?
#BPCL or #HPCL?
#BajajFinserv or #Bajajfinance?

But don't know whats the best approach to pick one?
#Ratio #charts can help you identify the best stock for #trading and #investment. You can plot a #ratiochart by dividing the price on one stock with another. Its preferable to divide the high priced stock with low priced one to get ratios greater than 1.
Read 13 tweets
Hello Traders, Below is our trade plan for upcoming week. It will be a buy & hold portfolio with time frame of 30 trading sessions #NIFTY #BANKNIFTY #fmcg #INFY #TCS #GranulesIndia #Bayercorp #SBIcard #Cipla #tataconsumer #Alltimehigh #Dhoni #DhoniRetires #ThalaDhoni #CSK Image
Below is the link to chart where we have tried explaining the idea behind buy on Granules #Granules #API #momentuminvesting #alltimehigh #ATH

tradingview.com/chart/GRANULES…
Below is the link to chart where we have tried explaining the idea behind buy on Tata Consumer #TataConsumer #fmcg #Nifty #banknifty

tradingview.com/chart/TATACONS…
Read 9 tweets
Things on ground are far better than gloom&doom predictions by naysayers

Amidst euphoria over #Google's investment in #Jio,let's not forget stunning results by #Infosys

Infy saw 8.5% YoY rise in revenues to Rs 23665Cr in Q1FY21

Operating margin rose to 22.7%,beating consensus!
Rise of 150bps in OPM,is great news

EBIT too was up 8.9% QoQ

Clearly,huge deal wins of $1.74 bn in June qtr,Vs 1.65bn in previous qtr,showcase how #Infosys beat #Covid blues

Digital revenue at $1,389 mln in 1QFY21,Vs $1,341 million QoQ, bodes well

Profit up 11.5%,@ 4233Cr YoY
Revenues in dollar terms fell 2.4% QoQ to $3121mln,but was lower than 5% QoQ decline,estimated by analysts

Strong guidance by management, predicting OPM in 21-23% range,for FY21,good sign

Unrelated +ve: India's $0.8bn trade surplus in June qtr,Vs $3bn deficit in March

#Infosys
Read 6 tweets
Software Stocks Monthly Charts
.
Sonata 233.25
Sasken 465.35
Mphasis 919.15
Nuclues 273.30
Majesco 360.05
L&T Tech 1411.70
L&T Infotech 2109.65
Tata Elxsi 928.50
.
Which could Top the List 2 years from now on Investing Returns?
.
11July20 7:33
#Software #Stocks Monthly Charts
.
#Mastek 384.20
#Hinduja Global 676.95
#Intellect Design 110.95
#Kellton 15.00
#Cyient 250.30
#TakeSolutions 43.95
#Zensar Tech 126.80
#Ducon Infratechnologies 4.00
.
Stocks to avoid totally.
Which could they be?
.
11July20 7:44
Software Stocks Monthly Chart
.
#TCS 2222.35
#HCL Tech 582.25
#NIIT Tech 1592.90
#Wipro 222.10
#Oracle #OFSS 2769.00
#MindTree 1007.95
#TechMah 569.00
#Infosys 781.85
.
Which stock could fall back behind in the Race?
.
11July20 7:51
Read 4 tweets
In This Thread I am Going To Share Nifty-50 Charts On Daily TF.

All Charts Are For Learning Purpose No Trading Recommendation.

Hope You Will Learn Something.
#AdaniPorts

If Able To Give Closing Above 285 Long Possible.

#ChartsForLearning
#AsianPaints

Looking Good For Long Here After Retesting Of Demand Zone

#ChartsForLearning
Read 50 tweets
#Infosys @PeeyushTrader @TraderHarneet @CAPratik_INDIAN Received from a friend...Worth Reading...

I boarded flight from Bangalore to Mumbai, economy class. I put my hand bag in overhead bin and took my aisle seat. There was an old person sitting next to me on the window seat.
I had a presentation in Mumbai, so took my documents and started going through them for the final time before the presentation. After 15–20 minutes I was done with my documents
so I put them away and started looking out of the window, and suddenly I looked at the face of this person sitting next to me. I thought I have seen him somewhere.

He was old,his face,the suit was not very expensive &he was replying to some mails or going through some documents.
Read 11 tweets
Analysis: #NASDAQ $INFY

Case 113 #Infosys Ltd

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#INFY 1/3
Chart 1
Monthly Chart: Falling victim to the #dotcom_bubble Infosys recovered nicely over the years, breaking above the 2016-2018 range and registering a new all time high of 12.08 in September 2019.

INFY 2/3
Chart 2
Weekly Chart: The 10.50-9.40 gap has been filled and price is preparing to move to new highs - a close above 12.58 is required to target the main objective 13.75.

The #Strategy is printed on the image.

$INFY 3/3
Read 3 tweets
#NiravModi's #PNBFraud is just a cherry on tip of an iceberg, a systemic plunder of national & natural resources that is being going on since centuries with involvement of world famous auction houses that played a major role in setting up his career.
gginews.in/nirav-modi-smu…
"I would like to bring to your notice a major financial scam similar to that of #VijayMallya of #Kingfisher #SubrataRoy of #SaharaGroup, Ramalingaraju of #Satyam. Kindly look into this & do needful before its too late & he escapes from India" - #PNBFraud whistleblower #HariPrasad
#PNBScam whistleblower #HariPrasad filed criminal complaint with Bengaluru Police in 2015 against #MehulChoksi for being cheated of Rs10 crore by Gitanjali Gems following which he wrote to several authorities such as #ED #CBI #SEBI eventually to PMO itself in 2016, yet no action.
Read 30 tweets

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