1589.9000 -23.10 (-1.43%)
NSE May 16, 2025 15:31 PM
Volume: 4.6M
 

1589.90
-1.43%
BOB Capital Markets Ltd.
Impressive deal wins; risks to operating margins ahead Infosys (INFO) reported a largely in-line Q1FY20 operating performance, with 2.8% QoQ CC revenue growth and 20.5% EBIT margins. At US$ 2.7bn, the company notched up its highest quarterly deal wins, which supported upbeat revenue guidance for FY20. Though strong deal wins and guidance lay the ground for healthy growth momentum, margin management could be a challenge given elevated attrition and tight staff cost control. We tweak FY20/...
Infosys Ltd. is trading below its 100 day SMA of 1714.1
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