Infosys Technologies

#21
What does chart says about Infosys? What can be the short term targets(Next 4 trading days) of Infosys.

I have a CA-2650 of Infosys @15. My maximum loss is 3000. If the Infy can touch 2700 before 28th Jan, I will gain Rs 7000. If it touches 2800, my gain will be 27000. What are the chances that infy can hit 2700 or 2800 by 28th.
 

Alchemist

Administrator
Staff member
#22
What does chart says about Infosys? What can be the short term targets(Next 4 trading days) of Infosys.

I have a CA-2650 of Infosys @15. My maximum loss is 3000. If the Infy can touch 2700 before 28th Jan, I will gain Rs 7000. If it touches 2800, my gain will be 27000. What are the chances that infy can hit 2700 or 2800 by 28th.
2590-2600 range is important.

If Infosys goes below 2590, it will turn weak.

2550 and 2500 will be the next possible targets.

I don't see much chance of 2700... at least not till expiry.

The markets have turned weak and it is very difficult for large cap stocks to move up in a falling market.
 
#24
Hi all,

Seeing that is stock has few takers from this forum ( last update on this about an year back ! )

Today they have announced results , and stock down 4% , can I buy some?

Thanks
 
#25
Hi all,

Seeing that is stock has few takers from this forum ( last update on this about an year back ! )

Today they have announced results , and stock down 4% , can I buy some?

Thanks
Simple answer:-

CMP= 3230.

Expected fy11 eps according to management- 118.

P/e at fy 11 eps- 27.3.

Infosys is a fantastic company with a huge competitive advantage.

Valuations are stretched. It is up to you to decide.
 
#26
An American employee of Infosys has filed a case against the company claiming visa and tax fraud. Link.

It will be interesting to see what arguments Infy uses to refute charges.
 
#31
Infosys currently trading at 2727 with a dividend of Rs.15 per share, the record date being tomorrow (20th Oct 2011), what are your views on this stock? If I sell my shares on the record date will I get the dividend?
 
#32
Infosys Results

Infosys says business sentiment worst since November. Cuts guidance for FY12 due to Europe Crisis.

"India is slowing down. We are talking about seven per cent (GDP) growth (for 2011-12) when the potential to grow is 12 to 13 per cent,"Chief Financial Officer V Balakrishnan added.

"The global economy, driven by slower growth in developed markets coupled with the European crisis, could impact the growth of the IT industry," Infosys Chief Executive S. D. Shibulal said
Infosys says there is some kind of 'inertia' within govt - The Economic Times
 

magnet

Active member
#33
Obvious Germany is on brink of recession. Growth figure went from 3.7% to 3%. Infy main market being euro.

European union will lose Euro power.

And the dollar is not strong but Euro is in deathbed. And in few years even dollar too will fall.
 
#36
Infosys

Infosys has given very conservative growth estimates. Apart from slowdown in China and India GDP, overall the world economy is in better shape than last year. Also the rupee is weak so exports should be more profitable. Demand should also improve in next quarter as per Nasscom.
 

magnet

Active member
#37
Infosys has given very conservative growth estimates. Apart from slowdown in China and India GDP, overall the world economy is in better shape than last year. Also the rupee is weak so exports should be more profitable. Demand should also improve in next quarter as per Nasscom.
On contrary NASSCOM now saying after tcs ,wipro numbers they will look to see whether their guidance was correct or need to change.

I feel this all bailouts delay have caused this recession effect to last long. Else by 2012 all this bad news would have settled but now I don't see all getting settled before 2014.

Now Spain numbers are a big worry and this time a bailout may cause Germany to be out of Eurozone. Matters haven't been settled but just delayed and now this effect is seen.

Lehman crash was rightly done so that others could be saved. They didn't allowed Portugal economy to collapse, then they delayed Greece now it's Spain and their number is too big to settle.They should have allowed earlier collapse.
 

Alchemist

Administrator
Staff member
#39
Infosys won the case against Jack Palmer:

US district judge Myron H Thompson found no basis to support any of the charges filed by Jack "Jay" Palmer and dismissed the case entirely.

US district judge Myron H Thompson found no basis to support any of the charges filed by Jack "Jay" Palmer and dismissed the case entirely.

Software major Infosys won a harassment case filed by its employee Jack Palmer, after a US Judge dismissed his claims and threw out the case on Monday.
The visa fraud investigation is still going on:

The verdict will come as a big shot in the arm for Infosys, which is also facing a Grand Jury investigation in the US over alleged misuse of B1 visas.
Infosys wins harassment case filed by its employee Jay Palmer in US - The Economic Times
 
#40
Analyzing results for Infy

Infosys results, outlook disappoint - Money - DNA

"Remarkably, the numbers were down in spite of the fact that the recent Lodestone acquisition was not being factored in in the results. “The acquisition of Lodestone will be completed within a week, and the numbers for the same will be factored into this (third) quarter,” said S D Shibulal, CEO and MD. This might mean a further dip in Infy’s earnings in Q3. "
I'd like to understand this, Lodestone acquisition, is supposed to bring the revenues up (revenue from SAP projects are booming). How would it mean further dip in Infy's earnings ? Would the earnings from Lodestone not bring credit to Infosys ?

PS: I'm not a finance expert, Please bear with me if the query sounds stupid.
 
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