Infosys Ltd.

NSE: INFY | BSE: 500209 | ISIN: INE009A01021 |Industry: IT Consulting & Software
|Expensive Rocket
726.60 24.70 (3.52%)
NSE Jan 15, 2019 15:54
Volume: 19.7M
 
Durability score
50 /100
Valuation score
20 /100
Momentum score
60.3 /100
Market Capitalizati...
316,216.3 Cr.
AVG Broker Target
962.9
PE TTM Price to Ear...
21.1
Infosys Ltd.    
14 Jan 2019
726.60
3.52%
buy
Accumulate: Infosys Ltd.
IDBI Capital
Infosys (INFO) Q3FY19 result beat ours and consensus forecast as regards revenue growth metrics CC growth of 2.7% QoQ, large deal TCV of US$1.57 bn and upward revision of FY19 revenue growth guidance to 8.5%-9% in CC. However, EBIT margin decline of 120bps QoQ to 22.6% was a miss....
IDBI Capital released a Accumulate report for Infosys Ltd. with a price target of 768.0 on 14 Jan, 2019.
Infosys Ltd.    
14 Jan 2019
726.60
3.52%
Nirmal Bang Institutional
Closing In On Double-digit Growth: Is It The Cycle Or The CEO? Infosys hit double-digit YoY revenue growth in 3QFY19 in constant currency (CC) terms after a gap of 10 quarters. It also delivered large deal TCV of US$1.57bn in a historically lean quarter. YTDFY19 TCV is 2.1x on YoY basis. EBIT margin was a tad softer than even the cautious guidance that Infosys had given (unlike TCS), largely driven by a one-off. Based on a strong 3Q and order inflow, Infosys revised its FY19 revenue growth guidance to 8.5%-9% CC from 6%-8% earlier. It kept EBIT margin guidance constant at 22%-24%. All of the above (except the margin part) have been positive surprises for the market. However, sustainability of this robust growth in revenues and TCV is the...
Infosys Ltd. has an average target of 962.88 from 21 brokers.
Infosys Ltd.    
12 Jan 2019
726.60
3.52%
HDFC Securities
Maintain BUY with TP of Rs 800, 18x Dec-20E-EPS. Infosys (INFY) posted strong revenue performance, robust large deal bookings and increased its FY19E rev guidance. However, operating performance was soft impacted by accelerated hiring, lower utilisation (seasonality impact) and higher onsite-mix (large deal transition). Revenue came at USD 2,987mn, 2.7/10.1% QoQ/YoY in CC terms.
Infosys Ltd. has an average target of 962.88 from 21 brokers.
Infosys Ltd.    
11 Jan 2019
726.60
3.52%
Emkay
Infosys reported 2.7% qoq revenue growth in CC terms in Q3 (2.4% on an organic basis), ahead of our estimate of 1.5% CC growth, and raised the upper end of its 6-8% CC growth guidance (provided at the start of the year) by 50-100bps to 8.5-9.0% for FY19. Adjusted operating margins stood at 22.9%, down 80bps qoq (reported OPM down 110bps qoq), largely on account of attrition-led compensation increases (-30bps), drop in utilization...
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Number of FIIs/FPIs holding stock rose by 28 to 1291 in Dec 2018 qtr.
Infosys Ltd.    
11 Jan 2019
726.60
3.52%
Motilal Oswal
11 January 2019 YoY CC five quarter ago. Investments, however, continued to take a toll, with the INFOs EBIT margin has shrank by 210bp over the last eight quarters, during which the INR has depreciated by ~6%. Adj. PAT grew 8% YoY to INR39.9b (1% beat) in 3QFY19. INFO announced (a) buyback of INR82.6b under the open market route at a maximum price of INR800/share and (b) special dividend of INR4/share, in line with its announcement of USD2b payout to shareholders. INFO won 14 large deals in the quarter with a TCV of USD1.57b, taking the 9MFY18 deal value to USD4.7b (+2.2x YoY). INFO raised its full-year revenue guidance to 8.5-9.0% QoQ CC, which implies a 4Q ask-rate of 0.3-1.
Infosys Ltd. is trading above it's 200 day SMA of 652.31
Infosys Ltd.    
25 Oct 2018
726.60
3.52%
buy
Geojit BNP Paribas
Strong deal wins lend confidence to growth trajectory Infosys is India's second largest IT company. It provides services across various verticals such as Financial Services (FS), Manufacturing (MFG), Energy & Utilities, Communication &...
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Infosys Ltd.'s price crossed above SMA100 today
Infosys Ltd.    
17 Oct 2018
726.60
3.52%
HDFC Securities
Infosys Ltd Q2FY19 results Comment Revenue rose by 7.74% to Rs. 20609.0 Cr in Q2FY19 when compared to the previous quarter. Also, it rose by 17.32% when compared with Q2FY18.
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Number of FIIs/FPIs holding stock rose by 28 to 1291 in Dec 2018 qtr.
Infosys Ltd.    
17 Oct 2018
726.60
3.52%
buy
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research US$ revenues grew 3.2% QoQ to $2,921 million (above our estimate of 2.2%) mainly led by healthy growth in BFSI and retail. Constant currency (CC) revenues grew 4.2% QoQ vs. our estimate of 3% QoQ. Rupee revenues grew 7.7% QoQ to | 20,609 crore At 23.7%, EBIT margins were flat QoQ mainly led by higher compensation (-100 bps), subcontracting cost (-50 bps) offset by rupee depreciation (+80 bps) and pricing, onsite mix (+70 bps)...
Infosys Ltd. has gained 26.48% in the last 1 Year
Infosys Ltd.    
17 Oct 2018
726.60
3.52%
buy
Accumulate: Infosys Ltd.
IDBI Capital
Infosys's (INFO) Q2FY19 result was in-line with our forecast as regards headline numbers. While revenue growth of 4.2% QoQ in CC and TCV of US$2bn (highest till date) beat our forecast, EBIT margin of 23.7%, unchanged QoQ, was a miss. Digital revenue is now 31% of INFO's revenue and grew by 13.5%/33.5% QoQ/YoY in CC. INFO has maintained FY19 guidance. While we were forecasting it to maintain the revenue growth guidance, we were expected it to increase EBIT margin guidance. We factor FX rate of R70 vs. Rs68 earlier for H2FY19 and FY20. We increase our FY19/20E EPS by 1.6%/4.6%. We now forecast FY19/20 revenue growth in CC at...
Infosys Ltd. has gained 26.48% in the last 1 Year
Infosys Ltd.    
17 Oct 2018
726.60
3.52%
Nirmal Bang Institutional
Strongest TCV Ever, But At A Cost; We Like The Growth Focus ACCUMULATE Shrugging itself off from a turbulent 2017, Infosys recorded best ever large deal total contract value (TCV) in its history of US$2bn (previous highest ~US$1.2bn) in 2QFY19, against our expectation of US$1.5bn. 63% of the TCV is net new Infosys has been perennially plagued not only by its low TCV (compared to its size), but also by the fact that most of it was renewal, which did not help drive growth. A large part of this surprise has to do with: (1) The red-hot demand environment the best since the Global Financial Crisis of 2008-09. (2) Fairly aggressive bidding. The US$700mn Verizon deal is a case in point. Infosys is not a recognised...
Number of FIIs/FPIs holding stock rose by 28 to 1291 in Dec 2018 qtr.