The H-1B visa, most sought-after among Indian IT professionals, is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise.
Prabhudas Lilladher is bullish on Infosys has recommended buy rating on the stock with a target price of Rs 790 in its research report dated October 16, 2018.
Arihant Capital recommended hold rating on Infosys with a target price of Rs 753 in its research report dated October 17, 2018.
Experts feel that Infosys' large valuation discount to TCS is unlikely to narrow in the near future, but may converge over the long term as business cycles become more favourable
JM Financial is bullish on Infosys has recommended buy rating on the stock with a target price of Rs 810 in its research report dated Octobe 16, 2018.
ICICI Direct is bullish on Infosys has recommended buy rating on the stock with a target price of Rs 800 in its research report dated October 17, 2018.
Motilal Oswal is bullish on Infosys has recommended Buy rating on the stock with a target price of Rs 800 in its research report dated October 16, 2018.
The IT major reported a net profit of Rs 4,110 crore for the July-September quarter, a jump of 14 percent QoQ.
Infosys posted a decent Q2 FY19 performance that saw steady execution, stable margin and strong deal wins. However, no change in FY19 revenue and margin guidance was a tad disappointing
Analysts had largely expected Infosys to raise its margin guidance, helped by the benefits from rupee depreciation, partially offset by wage hikes and variable pay.
In September, the Arbitral Tribunal of Justice (retd) R V Raveendran had communicated the decision with regard to the dispute between Infosys and Bansal, Infosys said in a regulatory filing.
Most experts feel that it was a mixed bag from Infosys and the stock could see a lukewarm response from D-Street on Wednesday
Analysts polled by Reuters on average expected Infosys to post revenue of Rs 20,292 crore, and profit of Rs 4,088.6 crore in the September quarter
Edelweiss believes that with new leverage constraints, capital access challenges and diminished risk appetite, India’s cyclical recovery could be more normalised or relatively muted.
Dividend-paying stocks make an ideal portfolio play especially in times of crisis. These stocks tend to absorb the volatility and remain relatively stronger in such a scenario
Motilal Oswal expects the firm will report profit of Rs 4,150 crore, while Emkay Global pegs this figure at Rs 4,101 crore
Net Sales are expected to increase by 6.8 percent Q-o-Q (up 16.3 percent Y-o-Y) to Rs. 20,435.5 crore, according to Prabhudas Lilladher.
To find out which IT companies will benefit the most from the rupee's depreciation, watch Editor’s Take with Moneycontrol Corporate Bureau Chief Prince Thomas.
Indian markets are in the midst of a correction which is likely to extend further, according to experts and hence, there will be plenty of opportunities for investors to enter into quality stocks on declines
A cheap stock could remain cheap forever if the value is destroyed. Stocks like Gitanjali Gems never recovered from that cheap zone as the business was completely wiped out post the Nirav Modi crisis
Motilal Oswal is bullish on Infosys has recommended buy rating on the stock with a target price of Rs 830 in its research report dated October 08, 2018.
Net Sales are expected to increase by 6.7 percent Q-o-Q (up 16.1 percent Y-o-Y) to Rs. 20,400.8 crore, according to Motilal Oswal.
Infosys' A3 rating reflects a "degree of insulation from the domestic economy as well as a level of fundamental strength", the rating agency said.