Robust revenue acceleration, operational efficiencies and strong commentary on demand prompted Infosys to revise its guidance upward. With the stock underperforming Nifty and IT index in the past three months, we see a catch-up in stock performance and likely closure of the valuation gap with bellwether TCS. Here’s why MC Pro recommends you to add the stock on every decline.
first published: Oct 14, 2021 07:09 pm
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