1608.0000 -8.00 (-0.50%)
NSE Jun 27, 2025 15:31 PM
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Infosys Ltd.
12 Apr 2019
1608.00
-0.50%
Arihant Capital
Infosys came out with good set of numbers in Q4FY19, ahead of our estimate though topline was slightly below our estimate and EBIT margin faced some pressure. Revenue was flat sequentially at Rs 21,539cr against our estimate of Rs 22,109cr. PAT for the quarter stood at Rs 4074cr ahead of our estimate of Rs 3860cr. We are positive on the stock from longer term perspective, however due to cut in FY20E guidance by management, the stock might remain under pressure for few sessions. We maintain our...
Infosys Ltd. is trading below its 100 day SMA of 1620.3
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