Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
712.30
Change Change %
3.10 0.44%

Updated:27 May, 2019, 10:19 AM IST

BSE
712.35
Change Change %
2.90 0.41%

Updated:27 May, 2019, 10:23 AM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
01-03-2019 Hold 741.15 680.00
N/A
Target Hit Medium (6M)
01-04-2019

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. 

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