Strong profits for Infosys, yet why investors are exiting by selling shares
In fact, the percentage of those who left Infosys in the March quarter was 27.7 percent. With the growing demand for talent in the industry and the changing demand environment, the percentage of quitters is high. According to the company’s CEO and MD, Salil Parekh, there has been strong growth in volume terms but there are still some customer related issues regarding the contract position. Apart from this, due to low margins of the company, the confidence of the investors is decreasing. Because of this, investor sentiment has deteriorated.
As per the report provided by the company, the total income for the last year stood at Rs.82,275 crore and the total sales stood at Rs.79,047 crore. The company’s net profit stood at Rs 15,543 crore. Infosys Technologies Limited has paid tax of Rs -3,881 crore in the current year. Now you will see the technical, financial analysis and future prediction.
Infosys is good for investment or not
If we talk about its fundamental and technical analysis, then this time looks very good. You can also call it a market leader. Anyone who is a new or old investor, if you ask anyone, he would like to invest in this stock. Talking about this stock, you can invest in it for short and long term perspective.
So, I hope this article will clear your doubts about Infosys share and if you have any other query about this stock than please post your query in comment.
