Moneycontrol PRO

business

Infosys falls, Vemuri's exit casts doubt on co's leadership

According to CLSA, exit of two key managers spiked Murthy's turn around efforts as Infosys is already challenged on multiple counts. The brokerage house which has set target price for the stock at Rs 3,550 a share with a buy rating says," Valuations are unlikely to rerate till stability is back at the top.”

first published: Aug 29, 2013 10:08 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347