SP Tulsian positive on Infosys

Tulsian told CNBC-TV18, "Infosys deal looks quite positive. This is more a qualitative shift towards the acquisitions and maybe this could be said as efforts of Mr. Kamath who must have persuaded the company to be a little aggressive and moving more into the consulting space is always seen as positive because that has never been the forte or the area of the Indian companies. So now this will be seen quite positive and if they continue with one-two more consulting kind of acquisitions, this stock will get re-rated and can come in the valuation parameter inline with TCS. I am quite positive on the stock."

The company's trailing 12-month (TTM) EPS was at Rs 129.58 per share. (Jun, 2012). The stock's price-to-earnings (P/E) ratio was 19.33. The latest book value of the company is Rs 518.21 per share. At current value, the price-to-book value of the company was 4.83. The dividend yield of the company was 1.88%.