1559.8000 -30.10 (-1.89%)
NSE May 19, 2025 15:31 PM
Volume: 8.9M
 

1559.80
-1.89%
Prabhudas Lilladhar
Infosys reported a decent quarter with inline performance on revenues & margins. Infosys narrowed their guidance band (8.5%-10% CC) to (9-10% CC) inline with our expectations. Infosys reported revenue growth of 3.3% CC QoQ (Ple: 3.5%, Cons:3.6%) & organic cc growth stood at 2.4% CC QoQ slightly lower than our estimates of 2.6% CC QoQ. EBIT margin was inline with our estimates at 21.7% (Ple:21.6%, Cons: 21.4%) aided by increase in utilization, cost optimization, lower visa cost & travel costs....
Number of FII/FPI investors increased from 1758 to 1775 in Mar 2025 qtr.
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