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Houseviews: Expert views on Infosys and 4 other largecap stocks

Thu, Jul 12, 2012 at 08:56

Source: CNBC-TV18
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Infosys

Brokerage: CLSA

Rating: Underperform

Target: Rs 2,630

Rationale: Infosys is among the most vulnerable stock among IT companies this quarter. It is likely to cut its FY13 dollar-revenue growth guidance to 6-8%. A re-set of the rupee rate assumption however should drive an upgrade in FY13 EPS guidance to 176-180.

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