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Infosys Technologies
RIL to compete with Infosys to reach 999!
Posted by :
knairTracked by: 0 Boarder
Thank you MARKETMAN,
Before I write anything here, I wish you a very happy dussehra.
The turmoil in the mkt may continue everywhere inluding India. India is not a country which has to decouple from others. Whatever happens in the world is directly or indirectly affected to us also. We are susceptible more in the case of IT, as we depend upon the other countries to perform rather than India. As far as India is concerned, we are generating very little revenue here . Even though Bangalore is considered to be world Hqrs for software, computerisation here is not much to be counted. Other important places like Chennai, Hyderabad, Pune etc are moving in the same way.
As a whole India is far behind in computerisation. We cannot get even 2 out of 10 in this case.
And see, how big is India. The potential here is enormous. When we computerise at least 50%, the revenue being generated is going to be in several billions.
Infosys and TCS should take a lead. I love both the stocks as they are transparent than any other company in this line.
Wil certainly add infosys to my PF. In fact I have short listed a few stocks in this bear mkt for addition/accumulation:
RIL, Infosys, L&T, NTPC, HDFC, ONGC, Tata steel, Tata motors,SBI -
as value additions.
knair
...
In reply to:
RIL to compete with Infosys to reach 999!
Posted by : marketman
Yes nair,infy is a big boy in the sector.... many people still love it irrespective of profits or losses.... buy the stock at around 9 pe levels during this american turmoil....
There are few whispers that infy may post losses in the Q3 due to many writeoffs.... 
RIL to compete with Infosys to reach 999!
Posted by :
gunamjjTracked by: 0 Boarder
Infy always follows the proper accounting norms and well known for transparency....
"ICAI judged the Infosys Annual Report 2007 as the best in the Information Technology, Communication and Entertainment Enterprises category"
"Award for best investor relations by an APAC company in the US market at IR Magazine US Awards 2008"
Awards won by Infy in last financial year alone....
These are some of the awards that we received during the financial year 2007-08:
* Award for best investor relations by an APAC company in the US market at IR Magazine US Awards 2008
* ICAI judged the Infosys Annual Report 2007 as the best in the Information Technology, Communication and Entertainment Enterprises category
* The International Association of Outsourcing Professionals (IAOP) named Infosys in its 2008 Global Outsourcing 100
* Best Investor Relations Website and Company with Best Corporate Governance Practices in Investor Relations (IR) Global Rankings 2008 in APAC categories
* Voted the New Age Employer of Choice in 2007 in a poll conducted by CNBC-TV18, CNBC Awaaz and Moneycontrol
* We moved up to No. 14 on FinTech 100, an international annual listing of the top 100 global application and service providers to the financial services industry
* Named Best Outsourcing Partner in Wafers Readers` Survey
* Named a leader in Global IT Infrastructure Outsourcing
* NASSCOM-India Today Woman Corporate Award for excellence in gender inclusivity
* Global MAKE award for the fourth year
* Fortune`s Top 10 Companies for Leaders
* Bloom Group named Infosys dot com as a prospect-friendly website
* The Reputation Institute named Infosys, a globally respected company
* Dun &T Bradstreet`s Top Indian IT Companies 2007
* LACP Silver Award for Infosys Annual Report
* 2007 Optimas Award in the Global Outlook category
Our customers and market influencers also commended our service excellence and delivery efficiency during the year:
* The 2007 Boeing Performance Excellence Award (BPEA) from The Boeing Company for a 12-month gold-level performance
* Named Royal Bank of Scotland Group`s 2007 Best Technology Supplier
* Two Partner in Progress awards from Sears Holdings Corporation
* DaimlerChrysler`s IPS Supplier of the Year 2006
* Named Sainsbury`s 2006 IT Supplier of the Year
Dont talk bad about a company which has good ethics !!! Share prices may fall or rise according to Market Conditions.... But Trust wont come soon on a company in long run Buddy
...
In reply to:
RIL to compete with Infosys to reach 999!
Posted by : treasureddhan
As US crisis is severe, if the INFy management is prudent and follow the Accounting norms, it is better for them to provide for all known losses and show a dip in the profit rather than increase in qonq profit. If INFY reports increase in profit, then it clearly indicates fraudlent accounting for sure and ICAI should really give a thought to the accounting rather than supporting the dirty accounting policies followed by the company and making the stakeholders fools. According to accounting priciple it is suggested all known determined future losses should be provided. Though last quarter, the company would have made some profit, but the losses the company incurred during the past 10 days Infy should take into account and book thoses losses including the exchange loss. This I am sure the company will not do and I am sure people like Udayan would jump on the day of result saying INFY has performed better than expectation fooling the general public. Infy should quoting below 900 if the realistic picture and proper accounting norms are followed. I am sure the market will fool the small investors
RIL to compete with Infosys to reach 999!
Posted by : gunamjjTracked by: 0 Boarder
Infy is well known for it`s transparency.... Each and everyone agree to this... Lots and lots of Mutual Fund houses still hold for it`s better management principles and the good management it has... It had won lots of awards including the recent "Platinum Award for Excellence in People Management" by Grow Talent Company Limited and Businessworld. This honour has been awarded to Infy for featuring in top 25 list of the Great Place to Work in India studies in the past four years.... There are many peoples who hold this stock inspite of their losses/profits for being proud holding a good scrip... Moreover this big boy is "Zero Debt Company" still and has high networth.... Pls Think and study about this Gem Before u jump into conclusion again.....
...
In reply to:
RIL to compete with Infosys to reach 999!
Posted by : treasureddhan
As US crisis is severe, if the INFy management is prudent and follow the Accounting norms, it is better for them to provide for all known losses and show a dip in the profit rather than increase in qonq profit. If INFY reports increase in profit, then it clearly indicates fraudlent accounting for sure and ICAI should really give a thought to the accounting rather than supporting the dirty accounting policies followed by the company and making the stakeholders fools. According to accounting priciple it is suggested all known determined future losses should be provided. Though last quarter, the company would have made some profit, but the losses the company incurred during the past 10 days Infy should take into account and book thoses losses including the exchange loss. This I am sure the company will not do and I am sure people like Udayan would jump on the day of result saying INFY has performed better than expectation fooling the general public. Infy should quoting below 900 if the realistic picture and proper accounting norms are followed. I am sure the market will fool the small investors
Tomorrow`s PROJECTIONS for this STOCK
Posted by : GuestTracked by: 0 Boarder
The golden days of infosys are over for the following reasons
1. It depends hugely on the american and european markets and these 2 markets are reeling under the economic crisis.
2. The attrition rate of infosys is at its alltime high and employee dissatisfaction especially at 3% yearly wage hike has only fuelled discontentment.
3. Furthermore there are suicides which are happening at Infosys which has made global headlines and this has tainted and tarnished the image of infosys.(This is with specific reference to the suicide in their mysore campus whic happened on the 5th of October 2008 and which was muzzled by infy management).
Infosys is no longer the blue eyed boy of neither its clients nor educated or experienced investors green horns who are wet behind their ears and financial illiterates might prefer it but savvy investors have started to shun it.
The downfall of infosys started almost 3 years ago since 2006 the stock has been drifting and will crash like anything going forward.
...
In reply to:
Tomorrow`s PROJECTIONS for this STOCK
Posted by : DUstocks
As per the latest Speed of Trend (SOT) analysis, INFOSYSTCH is already OVERSOLD on RSI. Possible buying opportunity.
SUPPORT & RESISTANCE LEVELS for TOMORROW, Friday, 10th October, 2008 :
R3 R2 R1 P S1 S2 S3
1413.16 1356.58 1305.41 1248.83 1197.66 1141.08 1089.91
NIFTY SUPPORT & RESISTANCE LEVELS for TOMORROW, Friday, 10th October, 2008 :
R3 R2 R1 P S1 S2 S3
3910.50 3757.45 3635.55 3482.50 3360.60 3207.55 3085.65
Please don`t interpret SOT figures in ABSOLUTE terms for setting up your trades, use them only for general directional guidance - all at your risk & responsibility of course. If you do not understand what SOT projections are all about, just ignore this post, rather than setting up your trade upon something you know nothing about.
Tomorrow`s PROJECTIONS for this STOCK
Posted by : DUstocksTracked by: 0 Boarder
As per the latest Speed of Trend (SOT) analysis, INFOSYSTCH is already OVERSOLD on RSI. Possible buying opportunity.
SUPPORT & RESISTANCE LEVELS for TOMORROW, Friday, 10th October, 2008 :
R3 R2 R1 P S1 S2 S3
1413.16 1356.58 1305.41 1248.83 1197.66 1141.08 1089.91
NIFTY SUPPORT & RESISTANCE LEVELS for TOMORROW, Friday, 10th October, 2008 :
R3 R2 R1 P S1 S2 S3
3910.50 3757.45 3635.55 3482.50 3360.60 3207.55 3085.65
Please don`t interpret SOT figures in ABSOLUTE terms for setting up your trades, use them only for general directional guidance - all at your risk & responsibility of course. If you do not understand what SOT projections are all about, just ignore this post, rather than setting up your trade upon something you know nothing about.
...
RIL to compete with Infosys to reach 999!
Posted by : sankarantprTracked by: 0 Boarder
Expecting RIL and INFY to reach 999 level is only wishful thinking...
In reply to:
RIL to compete with Infosys to reach 999!
Posted by :
kachaaloo
i feel none will reach 999
RIL to compete with Infosys to reach 999!
Posted by : marketmanTracked by: 0 Boarder
Yes nair,infy is a big boy in the sector.... many people still love it irrespective of profits or losses.... buy the stock at around 9 pe levels during this american turmoil....
There are few whispers that infy may post losses in the Q3 due to many writeoffs.......
In reply to:
RIL to compete with Infosys to reach 999!
Posted by : knair
marketman,
You are right. Infosys may fall not becoz it is too weak but becoz its promoters do not operate it. Whatever comes out of their mouth is exactly what happens. They are worthy like Tatas.
Unfortunately I do not hold Infy shares, as I have TCS and Wipro, both are equally good as far as promoters are concerned. If i Buy an IT share next, it would be infosys.
knair
Buy infy at around 9 pe multiple....
Posted by : marketmanTracked by: 1 Boarder
Buy infosys at aound 9 pe multiple.... so see the coming results and expect the full year eps and multiply with 9,that could be the buying level for infy....
Pl note that infy may have to struggle for slaries if it doesnt remove the jobs of high salried personnel during the Q3.... many of its american clients are said to be not in position to pay the amounts to infy at the moment.......
RIL to compete with Infosys to reach 999!
Posted by : knairTracked by: 0 Boarder
marketman,
You are right. Infosys may fall not becoz it is too weak but becoz its promoters do not operate it. Whatever comes out of their mouth is exactly what happens. They are worthy like Tatas.
Unfortunately I do not hold Infy shares, as I have TCS and Wipro, both are equally good as far as promoters are concerned. If i Buy an IT share next, it would be infosys.
knair...
In reply to:
RIL to compete with Infosys to reach 999!
Posted by : marketman
Infosys may win the race as their promoters do not operate the stock....
RIL to compete with Infosys to reach 999!
Posted by : GuestTracked by: 0 Boarder
I have worked for this company in past and I am more than sure that it does show the real picture (as is available) to the directors... All known losses are also accounted for in the guidance. It has a great mechanism to provide guidance based on real data and that is why it never misses the guidance......
In reply to:
RIL to compete with Infosys to reach 999!
Posted by : treasureddhan
I am sure the company will recognise notional future income and will not account for the known losses and thus throwing mud in the eyes of investor . A very bad accounting practice by the company will be supported by all the vicious circle
Infosys Tech
Posted by : GuestTracked by: 0 Boarder
Buy infosys @ 800 or below !!!...
MUST VISIT FOR TRADER = NseGuide.com
Posted by :
nseguideTracked by: 0 Boarder
IT stocks are making new 52 week lows, so say away from these stocks for sometime. MUST VISIT FOR A TRADER NseGuide...
RIL to compete with Infosys to reach 999!
Posted by : treasureddhanTracked by: 0 Boarder
I am sure the company will recognise notional future income and will not account for the known losses and thus throwing mud in the eyes of investor . A very bad accounting practice by the company will be supported by all the vicious circle...
In reply to:
RIL to compete with Infosys to reach 999!
Posted by : treasureddhan
As US crisis is severe, if the INFy management is prudent and follow the Accounting norms, it is better for them to provide for all known losses and show a dip in the profit rather than increase in qonq profit. If INFY reports increase in profit, then it clearly indicates fraudlent accounting for sure and ICAI should really give a thought to the accounting rather than supporting the dirty accounting policies followed by the company and making the stakeholders fools. According to accounting priciple it is suggested all known determined future losses should be provided. Though last quarter, the company would have made some profit, but the losses the company incurred during the past 10 days Infy should take into account and book thoses losses including the exchange loss. This I am sure the company will not do and I am sure people like Udayan would jump on the day of result saying INFY has performed better than expectation fooling the general public. Infy should quoting below 900 if the realistic picture and proper accounting norms are followed. I am sure the market will fool the small investors
RIL to compete with Infosys to reach 999!
Posted by : treasureddhanTracked by: 0 Boarder
As US crisis is severe, if the INFy management is prudent and follow the Accounting norms, it is better for them to provide for all known losses and show a dip in the profit rather than increase in qonq profit. If INFY reports increase in profit, then it clearly indicates fraudlent accounting for sure and ICAI should really give a thought to the accounting rather than supporting the dirty accounting policies followed by the company and making the stakeholders fools. According to accounting priciple it is suggested all known determined future losses should be provided. Though last quarter, the company would have made some profit, but the losses the company incurred during the past 10 days Infy should take into account and book thoses losses including the exchange loss. This I am sure the company will not do and I am sure people like Udayan would jump on the day of result saying INFY has performed better than expectation fooling the general public. Infy should quoting below 900 if the realistic picture and proper accounting norms are followed. I am sure the market will fool the small investors...
In reply to:
RIL to compete with Infosys to reach 999!
Posted by : sam_pd
yes, infy will be clear winner by a far margin.
ERP implementations in USA by SWITCH vendors
Posted by : GuestTracked by: 0 Boarder
When it comes to true ERP implementation, India’s big 6 ( SWITCH Vendors –i.e. Satyam, Wipro, Infosys, TCS, Cognizant and HCL ) have not done significant amount of full life cycle implementations in USA. For ERP systems. While Infosys and Wipro may claim they have done few full life cycle implementations in USA (Probably less than 5 each) other vendors have done practically nothing in this area, particularly when it comes to Blue printing of the business processes.
This being the case, where does India’s Big six get their revenue on the ERP side? It is mostly comes from 3 to 4 year long term contracts in the Programming and System administration areas to provide support. (Here also significant portion of functional support is held by the client and only Programming and System Admin support are outsourced. Total the revenue from these kinds of services are significant In my estimate, India’s big6 get about US billion from these services.
However big chunks of this revenue comes from Implementation, Rollout ) and these revenues still goes to Accenture, IBM, Cap Gemini etc. SWITCH vendors have a long way to go to make an this market space.
In case anyone has noticed, Bearing Point (BE-a spin off of KPMG) stock is trading at 29cents with a market cap of about 64 Million. This company is with income of about 0 million per quarter with a gross profit of 0 million. However their balance sheet is horrible. This may be a great opportunity for one of the India based SWITCH vendor to pick up one of the big5 from USA and thus get instant credibility in the US market space in terms of ERP implementation business. Bearing Point’s strongest segment is Public Sector (Federal, State and Local governments) and SWITCH vendors are trying hard to penetrate in to this market
...
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