Infosys Technologies Ltd Stock Quotes and Charts
infy very good buy now. already crossed its resistance and now deserving to move up, crossed 1600 then will cross 1675 - 1725 easily, it will test 1850 & up within very short time(december end).
Hi,I am bit worried about the next fed rate cut in US.it can bring down infy again on 1500 level---So watch till Dec-11 and then Try---
Source: KRC Investment Ideas <br>Buy Call<br>CMP:1618<br>Targer:2100<br><br>A leading global player in the fragrance and flavors industry is working with Infosys Consulting to achieve process harmonization, manufacturing efficiency and finance optimization by leveraging its expertise in process reengineering and ERP system implementation. A global telecommunications company specializing in enterprise telephony and call center technology is working with Infosys Consulting on a strategy to consolidate multiple financial processes and applications. A global leader in the research, development and manufacturing of contact lenses and lens care products has identified Infosys Consulting for program leadership, process design, configuration and development support for its global SAP implementation. Seeking long-term partnerships with clients while addressing their various IT requirements. The customer-centric approach has resulted in high levels of client satisfaction. Deriving 95.3% of revenues from repeat business (i.e. a customer who also contributed to revenues during the prior fiscal year). The Company added 160 new clients, with a substantial number of large global corporations. The total client base at the end of the year stood at 500. Aided by 9.7% volume growth and higher realizations of 1.9%, Infosys Technologies reported 9% growth in operating revenues at Rs 4106 crore for the quarter ended September 2007. Infosys Technologies surpassed its revenue guidance of Rs 3952-3993 crore. Infosys surpassed both its topline and bottomline expectation of the market but it could not beat the market expectation of future guidance. The company upped its dollar guidance for FY08 by 3-4% and upped its rupee guidance by 1.3-2.2%. The operating margins for the quarter improved (against expectations) by 260bps at 31.3% on account of lower visa costs, scaled benefits and higher revenue productivity. On the back of 39% dip in other income and 18% increase in tax, the PAT grew 7% at Rs 1100 crore. Going forward, assuming rupee/dollar rate at Rs 39.50/US$, Infosys has guided 3.2-3.8% growth in operating revenues at Rs 4238-4258 crore and 4.4% growth in EPS at Rs 20.11 for the third quarter ended December 31, 2007. On the basis of the full year guidance, the operating revenue growth for March quarter 2008 would be Rs 4471-4511 crore up 5.5-5.9% over December 2007 quarter revenue guidance. <br><br> <br><br> Infosys' multimillion-dollar contract with Royal Philips Electronics of the Netherlands was among the largest Finance & Accounting business process outsourcing (BPO) engagements from India and has expanded Infosys' global network into Poland and Thailand while strengthening its European operations. <br><br> <br><br> A major subsidiary of one of the world's largest aircraft companies has engaged Infosys BPO to undertake quality audits of technical drawings. In Brno, Czech Republic, Infosys BPO is providing Finance & Accounting outsourcing services for a global automotive components leader. Looking at the company's current growth we recommend investors to Buy the stock for appreciation <br><br> <br>
Infosys Technologies net profit rises 23.80% in the December 2007 quarter Sales rise 15.78% to Rs 3999.00 crore <br>Net profit of Infosys Technologies rose 23.80% to Rs 1186.00 crore in the quarter ended December 2007 as against Rs 958.00 crore during the previous quarter ended December 2006. Sales rose 15.78% to Rs 3999.00 crore in the quarter ended December 2007 as against Rs 3454.00 crore during the previous quarter ended December 2006. <br>
i think this is the time to buy....<br><br>the share is at its bottom.....
Infosys - Rs.1611 /- stop loss- Rs.1500/-<br>Satyam - Rs.437 /- Stop Loss - Rs.390/-<br><br>are looking good on charts and have given a good signal after long<br>correction for last one years. it appears that better days are ahead<br>in the two stocks.<br><br>stop loss should be strightly followed to minimise your losses.<br>investors are advise to make their own due delligence before making<br>any investments decision. the above is only an openion and not an<br>investment advise.
Infosys Technologies is reportedly planning an acquisition in Europe and Japan in the price range of $200-$300 million to energise its non-linear business strategy as well as to expand its geographic reach.
Infosys FY08 net profit at Rs 4,659 cr.<br>April 15, 2008 | 09:54 IST Indian IT giant Infosys Technologies Ltd said on Tuesday that its net profit for the fiscal year 2007-08 stood at Rs 4,659 crore (Rs 46.59 billion), up 21 per cent from the previous year when it posted a profit of Rs 3,850 crore (Rs 38.50 billion).<br><br>The company reported revenues of Rs 16,692 crore (Rs 166.92 billion) for FY 07-08 as against Rs 13,893 crore (Rs 138.93 billion) in the previous fiscal year.
FY08 net sales grow by 20% YoY&&; higher by 1% as compared to our estimates. Growth stands at 6.3% QoQ for 4QFY08. <br><br>EBITDA margins contract by 0.2% YoY during the fiscal. <br><br>Net profits grow by 21% YoY during FY08, 1.5% QoQ during 4QFY08. FY08 EPS higher by just around 1% as compared to our estimates. <br><br>Management estimates FY09 net sales and profit growth at around 20% and 17% respectively. <br><br>Recommends final dividend of Rs 7.25 per share and special dividend of Rs 20 per share. Total dividend (including interim dividend of Rs 6 per share) recommended for FY08 thus stands at Rs 33.25 per share (dividend yield of 2.3%). <br>
Infosys has reported a net profit of Rs13.02bn in the quarter ended June 30, 2008 as against Rs12.49bn in the previous quarter. This translates into a sequential growth of 4.2%. This is much better than expectations of a slight dip Quarter on Quarter. The company's net sales have increased to Rs48.54bn from Rs45.42bn in the January-March quarter. This represents a sequential growth of 6.8%. This is more or less in line with our estimates. The EPS for the quarter is Rs22.71 versus Rs21.79 in the last quarter. <br>Infosys has also hiked its guidance for the year 2008-09. The company expects its topline to be between Rs212.78-216.22bn. Earnings Per Share (EPS) for the year is expected to be in a range of Rs99.34-101.06. However, the company has not increased its FY09 revenue guidance in dollar terms.
Buy Rating from SBICAP Security:CMP : Rs 1,333 Rating : BUY Target : Rs 1,740<br>Infosys Technologies, India`s second largest IT software services exporter is a trusted brand with a pedigree to<br>manage the current uncertainties. Among IT companies, we believe that Infosys is the most able and among the<br>safer bets. Infosys is a good investment opportunity with the stock trading at near multi-year bottom multiples.<br>Infosys has built a war chest of Rs 78 bn (Rs 136 per share) to take care of downturns. Hence, the company’s capital<br>expenditure and recruitment plans will prepare it for the next round of upcycle and opportunities.
Infosys Technologies<br>Buy<br>Price: Rs2,306 Target Price (Dec 10): Rs2,727<br><br>Power of cash flows<br>During slowdown (1QFY09-2QFY10), Infosys has maintained a<br>steady growth in cash flows (~40-45% y-o-y), despite a significant<br>decline in revenue and profit growth trajectory. Free cash<br>generation increase is driven by a) increase in EBIT margins by<br>~270bps & b) efficient working capital management (DSO down to<br>56 days from 72 days). Buy the cash machine for a ~20% absolute<br>upside.<br><br>* Receivables declined by 15% in past 6 quarters: Infosys absolute<br>receivables declined by 15% over 4QFY08-2QFY10, a testimony to<br>quality of client relationships and operational efficiency. Notably, this<br>was achieved in an extremely difficult economic environment. Further<br>encouraging is the fact that DSO for banking clients was ~30 days<br>against company average of 56 days.<br><br>* Free cash generation has remained steady: Infosys FCF growth<br>has remained steady at 46% y-o-y on LTM basis against flat revenues<br>and profits, driven by higher EBIT margins and efficient working capital<br>management. Infosys FCF generation has witnessed a steady increase<br>and is currently ~30% of revenues, highest in the industry.<br><br>* Revenue growth likely to surprise in FY11/FY12: As highlighted<br>in our note on Infosys titled “Powering ahead” we believe that revenue<br>growth is likely to surprise in FY11/12E. Infosys has the highest margin<br>buffer compared to peers and this should result in superior EPS<br>growth.<br><br>* Underperformance against peers set to reverse: Infosys has<br>underperformed peers on a relative basis, and this indicates moderate<br>investor expectations. We believe Infosys stock price<br>underperformance is set to reverse on the back of strong revenue<br>growth going forward. We reiterate Buy with a price target of Rs2,727,<br>based on 20x 1 year forward EPS.<br>
Infosys Technologies<br>Buy<br>Price: Rs2,407 Target Price (Dec 10): Rs2,727<br><br>Infrastructure Management – Scaling up<br><br>* Infosys` Infrastructure management services (IMS) practice has<br>consistently outgrown peers in the past 3 years. Importantly, the<br>EBITDA margins are in-line with company average and significantly<br>higher than peers, highlighting Infosys` ability to grow new<br>businesses` at superior margins. With our channel checks pointing<br>towards acceleration in revenue growth trajectory, Infosys is likely<br>to outperform, in our view. Retain Buy on Infosys.<br><br>* Infrastructure management services (IMS) practice – a<br>revelation: Contrary to perception of Infosys lagging peers in IMS, we<br>are positively surprised by a) absolute size of IMS practice<br>(US$141mn, second largest after Wipro) & b) 10.1% compounded<br>quarterly growth rate achieved in the past 3 years. Adjusted for the<br>India business and acquisitions made by peers, we reckon, Infosys IMS<br>practice may be the largest in the industry.<br><br>* Margins at IMS in-line with company average: EBITDA margins at<br>IMS practice are in-line with the company average (~34%); dispelling<br>notion of lower margins in new service lines.<br><br>* Superior business model driving growth: a) Infosys ability to<br>convert capital expenditure to operating expenditure, b) transparent<br>and flexible pricing structure, & c) alliances with hardware and<br>software vendors. On the back of superior business model, Infosys has<br>been able to replace global incumbents from existing contracts.<br><br>* Revenue growth likely to surprise in FY11/FY12: As highlighted<br>in our note on Infosys titled “Powering ahead” we believe that revenue<br>growth is likely to surprise in FY11/12E. Infosys has the highest margin<br>buffer compared to peers and this should result in superior EPS<br>growth. We reiterate Buy with a price target of Rs2,727, based on 20x<br>1 year forward EPS. We remain buyers of tier-1 Indian IT.
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