Infosys to announce Q2 numbers; here's what Edelweiss Financial expects

In an interview to CNBC-TV18, Sandip Agarwal of Edelweiss Financial Services gave his take on what Infosys might deliver for Q2FY18.

We are expecting growth of 3.1-3.2 percent in dollar terms, which translates into 180-200 bps growth in constant currency, said Agarwal.

He further said that there will be some impact on margin front because of wage hike. However, visa cost will not be there, he added.

"The stock has corrected quite a bit and from valuation perspective it is looking very attractive but people want certainty, so there would be some commentary on the CEO, on what they have decided, what is the timeline or what is the strategy. So qualitative comments will be much more important and the stock will broadly react on that," he said.

Watch accompanying video for more details.