Accumulate Infosys Technologies: Parag Parikh

116549 Investors following Infosys. Share this News with them.

0

Like this story, share it with millions of investors on M3

Accumulate Infosys Technologies: Parag Parikh

Parag Parikh Financial Advisory Services has recommended an accumulate rating on Infosys Technologies. Infosys reported 15% Q-o-Q profit growth & over 33% annual growth for the third quarter for the FY09 fiscal. It also added 30 new clients.

Post your opinion here

 

0

Tweet

Share on Tumblr

RELATED NEWS Accumulate Infosys, target of Rs 1380: P Lilladher Buy Infosys, target of Rs 1595: Sharekhan Reduce Infosys, target of Rs 1250: IIFL Buy Infosys, target of Rs 1347: Motilal Oswal ALSO READ See previous views by Parag Parikh Financial Advisory Services See what other Experts & Brokerages are saying about Infosys See messages about Infosys Infosys BSE | NSE 28/05/12 Are Mutual Funds betting on Infosys?

Parag Parikh Financial Advisory Services has recommended an accumulate rating on Infosys Technologies in its research report. "Infosys reported 15% Q-o-Q profit growth & over 33% annual growth for the third quarter for the FY09 fiscal. It also added 30 new clients. Infosys earns over 25% Net margins. Even if the scenario worsens & margins take a decent hit, Infosys will still deliver excellent returns on shareholder's money. However, a possible de-rating on an earnings drop may have a negative impact on the share price. We continue to maintain our overall positive stance on Infosys. We recommend ACCUMULATE," says Parag Parikh Financial Advisory Services' research report.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

To read the full report click on the attachment......