Infosys Ltd. share price target

...

Infosys' (INFO) at its investor meet reiterated the progress of its 3 year strategy viz., FY19 gain stability, FY20 build momentum and FY21 accelerate growth. In fact, it has already seen some acceleration, revenue growth guidance increased twice in H1FY20, and is confident of sustaining the same through a combination of growth in digital solutions and large deals. Mr Nandan Nilekani reiterated that INFO has always deployed and practices highest level of corporate governance across all its business functions. However, as always, INFO would wait for the outcome of the investigation process for the recent...

We attended Infosys' analyst meet in Bengaluru wherein Nandan Nilekani (the chairman) addressed whistleblower complaints and highlighted that Infosys follows highest levels of corporate governance. In addition, it was highlighted that all due process has been followed in financial reporting. Further, large deals also go through due process of audit and are an integral part of the company's growth strategy. Going forward, the company will continue to grow through large deals and has taken appropriate initiatives to improve win ratio of large deals. Infosys has embarked on a cost...

We attended Infosys analyst meet in Bangalore & came convinced with management long term strategy for driving shareholder returns. Infosys leadership team has done some major changes in last 2 years (investments...

6 November 2019 INFO has received various whistleblower complaints in the past. Since then, INFO has not received any evidence to support the allegations mentioned in the letter. The board remains extremely complaint on its corporate governance policy and is confident about managements capability to function in an ethical manner. The company stated it has historically always set a TCV target of USD1b for each quarter. Most of the larger deals still remain RFP-based, but pushing solutions increased chances of winning a floated RFP for a similar type of problem. Superior wins have been a function of both the strengthening internal sales structure and the focus on pipeline. For strengthening internal structure, INFO has [1] simplified its sales process, [2] created best-in-class sales team with outcome-based incentive, [3] set up a clear strategy with involvement of senior leadership and [4] focused on high- quality proposals.

Infosys Ltd., India's second largest IT exporter has posted strong growth in the revenue for Q2FY20 aided mainly by broad based growth across all verticals. Digital segment also reported robust growth of 38.4% on YoY basis for Q2FY20.

A group of anonymous employees has allegedly complained to the Infosys Board and the US Securities and Exchange Commission (SEC) that both the CEO (Salil Parekh) and CFO (Nilanjan Roy) have been indulging in unethical practices to boost short-term revenue and profits. Whistleblowers sent the letter to the board on September 20, 2019 and to the US Labor Department's Office of the Whistleblower Protection Program with emails and voice recordings to substantiate the allegations on October 3, 2019. According to the letter, the major...

Infosys Limited is the second-largest Indian IT company that provides business consulting, information technology and outsourcing services. The Group's services include application development, product co-development, system implementation and system engineering, targeting businesses in the...

restricted at 5% to Rs 5639 crore. However the PBT was down by 2% to Rs 5496 crore, hit by lower other income, higher interest cost and higher depreciation. Taxation in absolute terms though stand lower by 4% to Rs 1459 crore, the PAT was still down by 2% to Rs 4037 crore....

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...