Infosys Ltd.

NSE: INFY | BSE: 500209 | ISIN: INE009A01021 | Industry: IT Consulting & Software
| Falling Comet
1428.2000 5.10 (0.36%)
NSE Aug 11, 2025 15:31 PM
Volume: 6.6M
 

logo
Infosys Ltd.
14 Apr 2018
1428.20
0.36%

Infosys

JM Financial
Infosys (INFO) kept the hopes of a demand recovery live with an in-line 4QFY18 results/FY19 guidance. However, the unexpected lowering of the EBIT margin band to 22-24% (from the current 23-25%) was a disappointment, especially given the currency tailwinds. The reasons for reset appear to be micro increased investments in digital capability + capacity expansion to quickly develop a services-driven digital business (vs. the product/platform approach under Vishal Sikka); macro variables are stable INFO indicated minimal pricing pressures and FY19 wage inflation is similar to FY18. We expect the margin impact to be concentrated in the near-term and stabilise over FY20; INR depreciation could be an incremental support. Thus,...
Infosys Ltd. has an average target of 1702.64 from 11 brokers.
More from Infosys Ltd.
Recommended