2024-06-18 12:04:52 ET
Summary
- Infosys Limited provides consulting services globally, but is facing delays in client discretionary projects post-pandemic.
- The market for digital transformation consulting is growing, but Infosys Limited's revenue growth remains slow.
- Despite a strong balance sheet, my outlook on Infosys Limited stock is on Hold due to ongoing client spending challenges.
Investment Outlook
Infosys Limited ( INFY ) provides various consulting services to companies around the world, and its stock has shown some resilience after the pandemic.
I previously wrote about INFY in June with a Hold outlook due to moderate growth in client delays....
Read the full article on Seeking Alpha
For further details see:
Infosys: Holding Steady Amid Client Spending Softness