BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Medium (6M)
Nomura Recommends 'Neutral' On Infosys
According to Nomura, traditional levers like utilisation, low hiring and SGA (selling, general & administrative expense) are exhausting for Infosys, and this creates additional headwinds for margins. The counter to these cost increases could be pricing increases, but that might be elusive in a scenario of slowing global growth and high competition among players, the brokerage adds.