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Infosys Ltd. Message Board

  • s.moondra s.moondra Mar 28, 2008 6:28 PM Flag

    INFY needs some catalyst


    INFY is selling at unusually low PE even though projected revenues is in +20% range. Technically, the stock has misbehaved. But lately, in India, INFY has moved nicely - almost 15% - which is not reflected here in the US (just based on conversion in dollars, INFY should be trading at $40 right now).

    INFY needs some catalyst such as a big deal announcement or statement from the management that they feel comfortable with analyst est (given recent dollar appreciation) or increase their guidance.

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