1607.9000 22.30 (1.41%)
NSE Jul 16, 2025 15:31 PM
Volume: 6.2M
 

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Infosys Ltd.
13 Oct 2019
1607.90
1.41%
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....
Infosys Ltd. is trading below its 150 day SMA of 1692.0
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