Showing posts with label Infosys. Show all posts
Showing posts with label Infosys. Show all posts
21 February 2016
Technicals: SBI, ITC, Infosys, RIL, Tata Steel :: Business Line
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08 April 2015
Infosys:Expectations running high Directionally on the right path, though revenue growth revival likely to be gradual: Nomura Research
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13 January 2015
Infosys: Good headline numbers, internals even better :: Kotak Securities
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Good headline numbers, internals even better. Infosys reported robust revenue
growth, EBIT margin expansion (helped by write-back of doubtful debts) and 5% net
income beat. Internals were healthy with nice increase in number of clients across various
buckets, 350 bps decline in attrition, continued investments in S&M and solid growth in
underpenetrated IMS. Results and lead indicators lend confidence on sustenance of overall
performance. Valuations at ~16X FY2016E earnings are inexpensive in light of increasing
comfort on execution of turnaround initiatives. Retain ADD with unchanged TP of `2,350
�� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��
Good headline numbers, internals even better. Infosys reported robust revenue
growth, EBIT margin expansion (helped by write-back of doubtful debts) and 5% net
income beat. Internals were healthy with nice increase in number of clients across various
buckets, 350 bps decline in attrition, continued investments in S&M and solid growth in
underpenetrated IMS. Results and lead indicators lend confidence on sustenance of overall
performance. Valuations at ~16X FY2016E earnings are inexpensive in light of increasing
comfort on execution of turnaround initiatives. Retain ADD with unchanged TP of `2,350
�� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��
INFY Recommendation ACCUMULATE Target Price Rs. 2260 :: Kotak Securities
Please Share::
�� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��
INFY | |||
Recommendation
ACCUMULATE | Target Price Rs. 2260 | ||
�� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��
12 January 2015
Nice and steady… • Infosys :: ICICI Securities, link
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11 January 2015
Short strangle on Infosys :: Business Line
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High Five: SBI, ITC, Infosys, Reliance, Tata Steel :: Business Line
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Infosys 3QFY15 results were above our expectations on the EBIT and PAT front. :: HDFC Securities
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Infosys' 3QFY15 results were above our expectations on the EBIT and PAT front. However, USD revenues were marginally below our expectation. Renewed aggression under the new CEO has led to solid volume growth of 4.2% QoQ, the highest over the trailing thirteen quarters. We believe that Infosys appears to be more receptive on the pricing front in a bid to regain market share. Offshore pricing remained on the downtrend and dropped by 4.1% QoQ for 3QFY15 (~2.4% drop in constant currency).
�� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��
Infosys' 3QFY15 results were above our expectations on the EBIT and PAT front. However, USD revenues were marginally below our expectation. Renewed aggression under the new CEO has led to solid volume growth of 4.2% QoQ, the highest over the trailing thirteen quarters. We believe that Infosys appears to be more receptive on the pricing front in a bid to regain market share. Offshore pricing remained on the downtrend and dropped by 4.1% QoQ for 3QFY15 (~2.4% drop in constant currency).
�� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��
09 January 2015
07 January 2015
IT - Seasonality, Cross Currency The Spoilsports - Result Preview Q3FY15 :: Edelweiss, link
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Software and IT Services
06 January 2015
High 5 Stocks: SBI, ITC, Infosys, Reliance Ind, Tata Steel:: Business Line
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31 December 2014
Technology: 3QFY15E preview: currency to sway results ::Kotak Securities
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3QFY15E preview: currency to sway results. 3QFY15 will have cross-currency
headwinds of 160-220 bps besides the usual seasonal weakness, resulting in muted
0-1.2% US dollar revenue growth. Commentary on the magnitude of increase and
timely closure of IT budgets and deal pipelines will be important—we expect 2015 to be
similar to 2014, if not better, in terms of growth. Stock prices corrected 5-10% over the
past month and offer reasonable upsides of 12-20% from current levels. Infosys and
Tech Mahindra are our top picks in the sector.
��
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details ��
3QFY15E preview: currency to sway results. 3QFY15 will have cross-currency
headwinds of 160-220 bps besides the usual seasonal weakness, resulting in muted
0-1.2% US dollar revenue growth. Commentary on the magnitude of increase and
timely closure of IT budgets and deal pipelines will be important—we expect 2015 to be
similar to 2014, if not better, in terms of growth. Stock prices corrected 5-10% over the
past month and offer reasonable upsides of 12-20% from current levels. Infosys and
Tech Mahindra are our top picks in the sector.
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Infosys,
Kotak Sec,
Software and IT Services,
Tech Mahindra
30 December 2014
Infosys Ltd - ICICI Securities Fundamental Top Picks for 2015
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2015 Ideas,
ICICI Securities,
Infosys
29 December 2014
ITC, SBI, Tata Steel, Reliance Industries, Infosys -High Five stocks technical :: Business Line
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ITC,
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SBI,
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09 December 2014
Infosys :: Management Meet Note , ICICI Securities, link
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Infosys
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