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Infosys Most active discussions of 2006 , 2007 & 2008

Infosys DOWNGRADED (13) 19-Jun-08 10:51

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Posted by: Guest on ( 19-Jun-08 10:51 )
Price : BSE: Rs 1854.00 ( -0.63 % ), NSE: Rs. 1858.00 ( -0.24 % )
Infosys ADR fell to .43 yesterday because of a downgrade by Susquehanna Financial based on its VALUATIONS. I concur with this view as well. When TCS trading at Rs 890 and available at a P/E of 14.75, why should ANYONE buy Infosys trading at Rs 1860 and an INFLATED P/E of 19.50. Can anyone tell me the reason for paying a 30% premium for Infosys when TCS can be picked up so cheaply !?!

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