Apr 27, 2015 10:20 AM IST
Investors should focus on the positive guidance laid out by the company, which sounds â€œachievableâ€, according to Kawaljeet Saluja, executive director and head of research, Kotak Institutional Equities.
- Apr 27, 2015 08:28 AM IST
Analysts are mixed on the Vishal Sikka-led company with most brokerages still betting on it but slashed target price and earnings per share (EPS) estimates.
- Apr 24, 2015 05:57 PM IST
The country‘s second largest software services, Infosys, is looking to eschew its conservative image and plans to go out and buy a few companies, largely in the digital space, though it is also open to considering acquisitions in the traditional services.
- Apr 24, 2015 03:36 PM IST
IT major Infosys missed street expectations with the profit falling 4.7 percent sequentially to Rs 3,097 crore in the quarter ended March 2015.
- Apr 24, 2015 03:31 PM IST
Sikka is aiming to achieve industry leading profitable growth by FY17. He also wishes to achieve the lowest level of attrition in the industry and attract the best talent.
- Apr 24, 2015 09:08 AM IST
Revenues are expected to increase by 0.7 percent Q-o-Q (up 7.9 percent Y-o-Y) to Rs 13892.4 crore, according to Motilal Oswal.
- Apr 24, 2015 09:06 AM IST
Sales are expected to decrease by 0.1 percent Q-o-Q (up 7 percent Y-o-Y) to Rs 13781.5 crore, according to Prabhudas Lilladher.
- Apr 24, 2015 08:54 AM IST
Revenues are expected to increase by 0.8 percent Q-o-Q (up 8 percent Y-o-Y) to Rs 13901 crore, according to ICICIdirect.
- Apr 23, 2015 03:14 PM IST
Infosys's fourth quarter profit may fall 2.7 percent sequentially to Rs 3,161 crore on weak operational performance and slow growth in revenues, according to a CNBC-TV18 poll.
- Apr 16, 2015 03:48 PM IST
IT major TCS is likely to set the tone for earnings this quarter. Cross currency headwinds remain major concern as the company had earlier indicated a 40 basis point impact on margins due to forex moves. Kawaljeet Saluja, ED and head of research, Kotak Institutional Equities speak on what to expect from the TCS earnings this evening.
- Jan 09, 2015 06:33 PM IST
The company is expecting a healthy pipeline in financial services and insurance segments.
- Jan 09, 2015 05:49 PM IST
Vishal Sikka said leading US banks were cautious on their IT spending for 2015, and discussions with them for orders were getting delayed.
- Jan 09, 2015 01:40 PM IST
Nilesh Shah, MD & CEO of Envision Capital, said the numbers are bang in line with expectation, and thus are a sigh of relief for the markets
- Jan 09, 2015 01:12 PM IST
Infosys hosted a press conference to discuss its third quarter earnings.
- Jan 09, 2015 10:22 AM IST
Moshe Katri, MD, Cowen & Co expects Infosys' margins to be in mid-20s on an annual basis and is looking for guidance to be revised to 7 percent.
- Jan 08, 2015 04:38 PM IST
Sales are expected to increase by 4.9 percent (Y-o-Y) to Rs 13667.6 crore, according to Dolat Capital.
- Jan 08, 2015 04:37 PM IST
Sales are expected to increase by 3 percent Q-o-Q (up 5 percent Y-o-Y) to Rs 13691 crore, according to KR Choksey and Securities.
- Jan 08, 2015 04:36 PM IST
Sales are expected to increase by 3 percent Q-o-Q (up 5.5 percent Y-o-Y) to Rs 13748.3 crore, according to Motilal Oswal.
- Jan 08, 2015 11:21 AM IST
Revenue may jump by 3.3 percent sequentially to Rs 13,783 crore and dollar revenue may increase by 1 percent quarter-on-quarter to USD 2,222 million during October-December quarter.
- Jan 08, 2015 11:07 AM IST
Revenues are expected to increase by 3.2 percent Q-o-Q (up 5.7 percent Y-o-Y) to Rs 13769.5 crore, according to ICICIdirect.
- Jan 08, 2015 11:00 AM IST
Revenues are expected to increase by 3.6 percent Q-o-Q (up 6.1 percent Y-o-Y) to Rs 13820.9 crore, according to Kotak Securities.
- Jan 08, 2015 10:41 AM IST
Owing to cross currency, Infosys may cut guidance by 1 percent to 6.3-7.8 percent, says Sandeep Muthangi, IT Analyst at IIFL - Institutional Equities.
- Nov 10, 2014 01:26 PM IST
While JM Financial is incrementally positive on Infosys stock, it will still wait for one or two more quarters of performance from the company before upgrading it to a buy.
- Oct 10, 2014 03:39 PM IST
Kawaljeet Saluja of Kotak Institutional Equities says some of the metrics that it tracks to assess progress on turnaround seems to be falling into place. However, whether the company can catch up with the industry on growth or not will have to be seen, he adds.
- Oct 10, 2014 01:20 PM IST
According to Sarabjit Kaur Nangra, the improved EBIT margins and optimistic management commentary is a huge positive. However, attrition rate still remains a concern.