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Dipen Shah- Kotak Securities shares perspective on Infosys results

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Dipen Shah- Kotak Securities shares perspective on Infosys results

Dipen Shah, Head- Fundamental Research, Kotak Securities has shared his perspective on the announcement of Infosys results.

 

He said, "The Q3 results from Infosys were ahead of expectations. The margins were a positive surprise. The company has guided for a flat USD revenue growth, which was slightly disappointing. We maintain our positive view with a medium term perspective.  However, the IT sector and the stocks didn’t look good.  This is because the IT stocks have outperformed the markets in the last few weeks"