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

1559.80
-1.89%
IDBI Capital
Infosys' (INFO) Q2FY20 result met our forecast across all parameters. Revenue grew by 3.3% QoQ in CC vs. our forecast of +3.7%, EBIT margin improved by ~120bps QoQ to 21.7% vs. our forecast of 21.6% and EPS of Rs9.5, -7.1% QoQ and unchanged YoY was also in-line with our forecast of Rs9.7. Digital services (38.3% of revenue) continued to drive INFO's growth and grew by +10.7%/+38.4% QoQ/YoY. Large deal win TCV hit an all-time high of US$2.85 bn, though...
Infosys Ltd. has an average target of 1741.91 from 11 brokers.
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