Infosys: Robust Growth, Better Visibility
We recommend a BUY and assign 26x P/E multiple to its FY24E earnings of Rs 73.5/share to arrive at a TP of Rs 1,930/share, implying an upside of...
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Strong all-round beat, guidance revision above our expectation
INFO reported a growth of 6.3% QoQ CC, ahead of our estimate of 5.7%, on the back of a broad based performance. Large deal TCV of USD2.15b was a...
361 Views
HSIE Results Daily: Infosys, Wipro, Mindtree
Mindtree: Mindtree (MTCL) delivered an exceptional quarter with double-digit QoQ growth and beat on margins despite wage hikes and supply side...
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Infosys Ltd: Robust Revenue Guidance Keeps Us Positive
Infosys Ltd (Infy) is one of the leading IT player catering to BFSI, retail, communication, manufacturing & hi tech verticals. The company...
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Infosys: Revenue Beat, Margins Below Expectations; Upgrade in Revenue Guidance
We recommend a BUY rating on the stock and assign a 28x P/E multiple to its FY23E earnings of Rs 62.3/share to arrive at a TP of Rs 1,740/share,...
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