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Podcast | Infosys Q4 review: How the numbers stack up

Nachiket Deuskar
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Buy Infosys, target Rs 1386: Hadrien Mendonca

If the stock manages to sustain above the Rs 1,275 which is the breakout zone on the monthly closing basis, that would trigger a multi-year breakout for Infosys, says Hadrien Mendonca of IIFL.

Moneycontrol News

Tech giant Infosys announced its Q4 results on April 13. The results came out in line with expectations and pointed toward accelerate investments.

The sale of recently-acquired Panaya and Skava shows that Chief Executive Officer (CEO) and Managing Director (MD) Salil Parekh is charting his own path with the blessings of the founders and is adopting a service led-growth model as opposed to his predecessor’s strategy of emphasizing on products.

Investors will have to be content with single-digit earnings although the hefty dividend payout could limit downside for the stock.

Here’s a podcast on Infosys’s Q4 earnings and how the numbers stack up...