HSIE Results Daily: Tata Consultancy Services, Infosys, Wipro
Tata Consultancy Services: TCS reported in-line revenue performance, while the margin was a miss. Infosys: We maintain BUY on Infosys (INFY),...
342 Views
Infosys Ltd: Revenue Guidance Increases Further
We continue to remain positive and retain our BUY rating on the stock. We value Infosys at Rs 2,060 i.e. 32x P/E on FY23E EPS...
333 Views
Infosys: Robust Growth, Better Visibility
We recommend a BUY and assign 26x P/E multiple to its FY24E earnings of Rs 73.5/share to arrive at a TP of Rs 1,930/share, implying an upside of...
310 Views
Strong all-round beat, guidance revision above our expectation
INFO reported a growth of 6.3% QoQ CC, ahead of our estimate of 5.7%, on the back of a broad based performance. Large deal TCV of USD2.15b was a...
304 Views
HSIE Results Daily: Infosys, Wipro, Mindtree
Mindtree: Mindtree (MTCL) delivered an exceptional quarter with double-digit QoQ growth and beat on margins despite wage hikes and supply side...
295 Views