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 at Rs 22.71 versus Rs 21.79. The company has added 49 clients and 3,192 employees in Q1. Guidance FY09 revenues guidance revised to Rs 21,278-21,622 crore FY09 EPS guidance at Rs 99.34...
2005 #39 nfosys Technologies Limited, a technology services company, defines, designs, and delivers information technology enabled business solutions. The company, together with its subsidiaries, provides various services, including business consulting, package enabled consulting and implementation, custom application development, maintenance and production suppo
We are concerned that there will be a supply problem in hiring new and experienced consultants as more and more business move into India. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimen...
On April 17, 2006, I posted Infosys (INFY) on Stock Picks Bob's Advice when the stock was trading at $84.78. INFY had a 2:1 stock split on July 18, 2006, making my effective 'pick price' actually $42.39. Infosys closed at $51.69 on October 12, 2007, giving my pick an effective gain of $9.30 or 21.9% since posting.
On October 11, 2007, Infosys (INFY) reported 2nd quarter 2008 earnings results. Revenues came in at $1.02 billion, up 37% from the prior quarter last year. Earnings per American Depositary Share (ADS) climbed 33% to $.48/share from $.36/share. Due
Infosys Technologies Limited, a technology services company, defines, designs, and delivers information technology (IT) enabled business solutions. The company, together with its subsidiaries, provides various services, including custom application development; maintenance and production support; software reengineering; package evaluation and implementation; IT consulting; and other solutions, such as independent validation solutions, operations and business process consulting, engineering services, business process management, systems integration, and infrastructure management services.
I have been overall very pleased with this stock. Given the nature of the global economy, especially in developing nations, there is a large potential to cash out on companies based in emerging economies. Infosys is a great example of these types of companies. When I was in India two years ago, a gentelman suggested I look into Infosys. They primarily work in banking technology and when I bought them they were at about $35. Granted they are not currently as high as they once were, but I am still in the black and am confident in an even greater rebound.
Infosys Technologies Limited, a technology services company, defines, designs, and delivers information technology (IT) enabled business solutions. The company, together with its subsidiaries, provides various services, including custom application development; maintenance and production support; software reengineering; package evaluation and implementation; IT consulting; and other solutions, such as independent validation solutions, operations and business process consulting, engineering services, business process management, systems integration, and infrastructure management services. It...
This company has a huge potential business, currently trades at a P/E of 32 and has solid business fundamentals. It is growing at an unbelievable pace. Originally from India, it is opening up businesses in all parts of the world where it can find cheap manpower, which is good for the company in the long run. They recently upped their annual projections, and likely would grow at 70% yoy !! The recent downside has been because of the falling of Dollar value vs the Rupee (from ~Rs44/Dollar to ~Rs40/Dollar, and that has reached the support levels already. I can't find any reason why this compan...
Infosys (NasdaqGS:INFY) released the latest numbers and beat expectations when calculating in rupee's. I do not calculate in rupee's. Readers probably do not calculate in rupee's. Infosys work force may eventually stop calculating in rupee's.
The outsourcing thing has been very successful. However it now has changing dynamics. The revenue drivers are overall IT spending and FX ratios (if currencies are allowed to trade freely). The cost drivers continue to be local labor costs and FX ratios. Another contract or two will probably not change shareholders opinion of this very high PE ra...
...but like they say "The best time to do something is NOW !" ....I'd say Grab some INFY while it has dipped just a teeny-weeny bit.
Some months back I could've got INFY for 36...yes 36...but the cheapskate in me says "I think its gonna dip a little...how about we put a limit order of 35 and keep it square"
Well it never came to 35...and the trail it blazed went down in History.
Later my arrogance stopped me from buying it at a price more than I could've bought it for...but I guess now I've accepted & embraced my impaired foresight wholeheartedly...hence jumping on the bandwagon while I st
My 5 yr estimate of INFY is that it can be as high as $121. Low could be $25.
This gives an upside downside ratio from the current price of $46.8 of 3.4 to 1 and an annual appreciation of 21%
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INFY
About Infosys Technologies Ltd
- Answers.com
On October 11, 2007, Infosys (INFY) reported 
