10 October 2012

INFY Q2 results & how wld it extrapolate to entire IT bunch -Motilal Oswal



The sentiment for Infosys has remained fairly weak from the guidance point of view for the last couple of quarters. People are entering Friday with a reasonable level of keeping that backdrop in mind. What is more important is that we do not see any change in the core dollar revenue growth for the acquisition that they did.

They may revise the numbers to incorporate that excluding the core business numbers. Basically, in terms of the rupee EPS guidance, they had factored in the currency at 55 last quarter. This quarter, if they assume currency closer to 52, there will be some tick down in the number. Basically, the currency will play an important part.

�� -->

No comments:

Post a Comment