INFY has announced its first quarter numbers. It has posted 4.24% growth in its first quarter consolidated net profit of Rs 1,302 crore as against Rs 1,249 crore in previous quarter.Net profit numbers are above markets' expectations while sales in line with estimates. Consolidated net sales shot up by 6.87% at Rs 4,854 crore from Rs 4,542 crore QoQ. Earning Per share for the first quarter stood...
I am clearly bullish on Infosys in view of the fact that it is a solid company and it is a bell weather stock. Another reason is that the tech pack has been low for a long time and there's scope for improvement.
About Infosys Technologies Ltd
- Answers.com
