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Infosys Limited Message Board

  • kumar94539 kumar94539 Jan 3, 2012 3:24 PM Flag

    Infosys - Strongly Up Keep it Coming

    Alright every one this is Kumar again. I had indicated that Infosys and Wipro will move up strongly.

    Someone shorted this stock - I wish him/her good luck.

    Coming to fundamental analysis:

    Oct/Nov/Dec Quarter has expenses in Indian Rs. around 65% of revenues.

    Indian Rs. was devalued by 15% or so. Income remains in Dollars - so as a result we find expeneses coming down to say 56-57-58% instead of 65% predicted in Oct 2011.

    Hence there is a increased margin of 7-9% on earnings.

    This is huge as the earnings were originally indicated around 20-21% of earnings before taxes.

    Most of the expenses are Salary, Rent, Insurance, Benefits, Transport and food. There are no increments till April 2012 - so next Quarter will be STRONG also.

    Keep Similing and laugh all the way to the Bank.

    Will meet you again on Jan 12th,

    Happy Trading.

15.87+0.13(+0.83%)Oct 21 4:01 PMEDT