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    HomeNewsBusinessStocksInfosys recoups losses; stock back above 2700 mark

    Infosys recoups losses; stock back above 2700 mark

    Infosys has recouped losses in trade today after the company clarified that it has not revised guidance as of now.

    November 22, 2011 / 11:14 IST
       
       
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      Infosys has recouped losses in trade today after the company clarified that it has not revised guidance as of now.


      Speaking to CNBC-TV18, Venkatram Balakrishnan, CFO of software major said the global environment remains uncertain. "In an uncertain environment like this, it is very difficult to say if we will meet our third quarter guidance," he said 


      Balakrishnan said pricing remained stable at the moment. "We have not revised guidance for now but it should not be a surprise if we fail to meet or remain on the lower end of the guidance," he stated adding, "
      first published: Nov 22, 2011 11:08 am

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