Oct 14, 2014 at 13:00 | Source: Moneycontrol.com
Prabhudas Lilladher has come out with its report on Infosys. The management has retained its guidance for FY15 USD revenue growth at 7-9% implying CQGR of 1.4-3.8%, says research report.
Oct 10, 2014 at 10:34 | Source: CNBC-TV18
Infosys has maintained its full year (FY15) dollar revenue guidance at 7-9 percent.
Oct 09, 2014 at 16:50 | Source: Moneycontrol.com
It was a volatile session for Infosys ahead of its second quarter (July-September) earnings that will be announced on Friday morning. Analysts expect 3 percent growth in dollar revenues and do not expect any change in FY15 dollar revenue guidance.
Oct 09, 2014 at 11:10 | Source: CNBC-TV18
Sagar Rastogi, Associate VP, Ambit Capital is positive on the Indian IT services space sector on back of demand environment and Europe's openness for offshore businesses.
Oct 08, 2014 at 16:46 | Source: CNBC-TV18
Ajay Bagga, executive chairman at OPC Asset Solutions believes Infosys to be a good long-term buy. However, he says, maybe investors should avoid buying the stock ahead of earnings. "All eyes will be on the 12-18 months guidance that will be given by Vishal Sikka on Friday," he adds.
Oct 08, 2014 at 16:31 | Source: CNBC-TV18
Ahead of the earnings you can avoid Infosys. It is going to be very critical what the guidance comes out. What the company has been saying in various investor meets is that the new CEO Dr Sikka will lay out the guidance for the next 18-24 months, says Ajay Bagga.
Aug 12, 2014 at 18:00 | Source: Moneycontrol.com
Prabhudas Lilladher has come out with its report on Information Technology (IT). "Softer-than-expected performance and downward revision of guidance caps the IT industry's growth expectation. Hence, we continue to prefer Infosys and Wipro, which have lower revenue growth expectation, among Tier-1", says the research firm.
Aug 07, 2014 at 14:00 | Source: Moneycontrol.com
Among the gainers were Tata Steel, Maruti, ONGC, BHEL and SBI. IT stocks remained under pressure as Cognizant's lower guidance sparked fears. Infosys and TCS fell 1-2 percent each. Other laggards were Hindalco, Sesa Sterlite and Tata Motors.
Aug 07, 2014 at 13:20 | Source: CNBC-TV18
Cognizant's revised revenue guidance spooked all listed IT shares. However, Indian IT company Mindtree chooses to call Cognizant's scaled-down guidance as company specific issue while Infosys had long back warned of slowdown if client spending remains tight.
Aug 07, 2014 at 10:26 | Source: Moneycontrol.com
The Nasdaq-listed IT firm Cognizant lowered its growth guidance for the full year from 16.5 percent to 14 percent. Higher IT spending in North America and Europe helped the Nasdaq-listed company clock 16.5 percent rise in quarterly revenue.