Infosys Rating: Buy – A weak quarter for company in relative terms

Infosys Rating: Buy – A weak quarter for company in relative terms

However, the result doesn’t change our 14-15% growth expectation for FY22e as the company realises $14 bn in deal wins (TCV) in FY21 (up 57% y-o-y). Guidance is for 12-14% y-o-y revenue growth in constant currency terms for FY22. The pipeline is healthy, according to Infosys, and a couple of large deal wins in FY22 could improve the visibility for FY23 as well.

Read more at 
The Financial Express

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