INFY - Infosys Is A Hold Considering Guidance And Project Mix
2024-06-18 06:37:22 ET
Summary
- Infosys is guiding for a modest, low-single digit percentage increase in its top line for fiscal 2025, and it is fair to say that the company's guidance is unimpressive.
- On the flip side, INFY's project mix is becoming more favorable with a growing number of bigger deals, which indicates that client confidence in the company is rising.
- Infosys stock is assigned a Hold rating, taking into account the favorable change in project mix, the lackluster financial guidance, and the stock's fair valuations.
Elevator Pitch
I award a Hold rating to Infosys Limited ( INFY ) stock....
Infosys Is A Hold Considering Guidance And Project Mix