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"
