In an interview to CNBC-TV18, Urmil Shah, AVP Research Analyst at IDBI Capital, Sanjeev Hota, AVP Research at Sharekhan, Girish Pai of Nirmal Bang Institutional Equities and Trip Chowdhry of Global Equities Research shared their readings on Infosys Q2 earnings as well as their outlook on how the stock would react in today’s trading session on the back of its quarterly numbers.
Trip Chowdhry, Managing Director - Equity Research at Global Equities Research, said that rather than wasting time and money on issues like CEO Vishal Sikka's package Infosys should focus on its long term targets.
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.