Nischal Maheshwari, Head-Research at Edelweiss Securities told CNBC-TV18, "I think results have been disappointing and that was expected also. In some of the cases it has been worse than what we would have expected and one particular case could be IT, where the cross currency has impacted all the companies across. Having said that, IT is one sector where one can look at positively given that the outlook specially in the user country which is the US, where most of the revenues the companies are drawing up – that continues to be strong and the outlook is strong. So this could be in a opportunity to pick up some of these stocks on reaction."
At 09:52 hrs Infosys was quoting at Rs 1,976.15, down Rs 20.10, or 1.01 percent. It has touched an intraday high of Rs 2,010 and an intraday low of Rs 1,959.05.
The company's trailing 12-month (TTM) EPS was at Rs 105.91 per share. (Mar, 2015). The stock's price-to-earnings (P/E) ratio was 18.65. The latest book value of the company is Rs 366.51 per share. At current value, the price-to-book value of the company was 5.39. The dividend yield of the company was 3.19 percent.
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