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Infosys Technologies
Infosys Q2 net seen up 9.6% to Rs 1427.5 cr
Posted by :
IT_BullsTracked by: 0 Boarder
Infosys profit at Rs 1432 crores; 10 percent QoQ profit....
In reply to:
Infosys Q2 net seen up 9.6% to Rs 1427.5 cr
Posted by :
yash/shreen
hello who said that the tech sector is slowing down,looking at the results and the guidance given i do not seem to think the same is happning.
I think for a long term this is a right time to get in.
Regards
Yash 
Estimate: Infy Q2 net seen up 7.8%
Posted by :
panasonicTracked by: 0 Boarder
Historically, Q2 has been the best quarter for Infosys; Revenue seen up 9.5% at Rs 5,315cr...
Infosys Target 900 Rs ..???
Posted by : GuestTracked by: 0 Boarder
Will Infy touch 900Rs today ..? Lets watch.
Happy Investing....
Buy infy at around 9 pe multiple....
Posted by : marketmanTracked by: 1 Boarder
It looks like that the stock of indian software major is set to fall to tripple digit mark.... investors can buy the stock whenever it comes to 9 pe multiples....
Pl note that infy may announce job cuts during Q3.......
In reply to:
Buy infy at around 9 pe multiple....
Posted by : marketman
Buy infosys at aound 9 pe multiple.... so see the coming results and expect the full year eps and multiply with 9,that could be the buying level for infy....
Pl note that infy may have to struggle for slaries if it doesnt remove the jobs of high salried personnel during the Q3.... many of its american clients are said to be not in position to pay the amounts to infy at the moment....
RIL to compete with Infosys to reach 999!
Posted by : treasureddhanTracked by: 0 Boarder
with 646 pts fall in dow, and dow touching as low as 8609, can if INFY reports good profit tomorrow, it should be big lie...
In reply to:
RIL to compete with Infosys to reach 999!
Posted by : treasureddhan
Another simple logic, when many banks and financial institution are failing in US, and Infy having good exposure to US, how can Infy realise the money due by them? should it not be provided. If such anticipated losses are provided for certainly the profit of the company would have taken severe dip. Thus it goes to prove the company`s accounting policies are not prudent. In accounting terms there is what is called substance over form. If one go by the substance, and not on the form of presentation, then Infy should report great dip in profit
RIL to compete with Infosys to reach 999!
Posted by : treasureddhanTracked by: 0 Boarder
Another simple logic, when many banks and financial institution are failing in US, and Infy having good exposure to US, how can Infy realise the money due by them? should it not be provided. If such anticipated losses are provided for certainly the profit of the company would have taken severe dip. Thus it goes to prove the company`s accounting policies are not prudent. In accounting terms there is what is called substance over form. If one go by the substance, and not on the form of presentation, then Infy should report great dip in profit ...
In reply to:
RIL to compete with Infosys to reach 999!
Posted by : treasureddhan
Don`t ever get fooled by all the awards.MANY FINANCE COMPANIES CLOSED AND MANY SHAREHOLDERS OF FINANCE COMPANIES BURNT THE FINGURE. AMONG THEM PRAKASH LEASING LTD WAS ALSO ONE WHERE MR PAI WAS DIRECTOR. It is better to be prudent and wisely invest rather than losing all the wealth. I am sure Mr pai would not adopt prudent accounting methods .Rest for all those who still think INFY is good. I cannot say anything more than cautioning. The TV channels have their own vested interest and their hands are greased and not above board. If the channels feel that Infy is not any more worthy for them to project, they would be the first to dump and talk ill of the company. Never ever rely on NEWS channels as they are concocted
RIL to compete with Infosys to reach 999!
Posted by : treasureddhanTracked by: 0 Boarder
Don`t ever get fooled by all the awards.MANY FINANCE COMPANIES CLOSED AND MANY SHAREHOLDERS OF FINANCE COMPANIES BURNT THE FINGURE. AMONG THEM PRAKASH LEASING LTD WAS ALSO ONE WHERE MR PAI WAS DIRECTOR. It is better to be prudent and wisely invest rather than losing all the wealth. I am sure Mr pai would not adopt prudent accounting methods .Rest for all those who still think INFY is good. I cannot say anything more than cautioning. The TV channels have their own vested interest and their hands are greased and not above board. If the channels feel that Infy is not any more worthy for them to project, they would be the first to dump and talk ill of the company. Never ever rely on NEWS channels as they are concocted
...
In reply to:
RIL to compete with Infosys to reach 999!
Posted by :
gunamjj
Infy always follows the proper accounting norms and well known for transparency....
"ICAI judged the Infosys Annual Report 2007 as the best in the Information Technology, Communication and Entertainment Enterprises category"
"Award for best investor relations by an APAC company in the US market at IR Magazine US Awards 2008"
Awards won by Infy in last financial year alone....
These are some of the awards that we received during the financial year 2007-08:
* Award for best investor relations by an APAC company in the US market at IR Magazine US Awards 2008
* ICAI judged the Infosys Annual Report 2007 as the best in the Information Technology, Communication and Entertainment Enterprises category
* The International Association of Outsourcing Professionals (IAOP) named Infosys in its 2008 Global Outsourcing 100
* Best Investor Relations Website and Company with Best Corporate Governance Practices in Investor Relations (IR) Global Rankings 2008 in APAC categories
* Voted the New Age Employer of Choice in 2007 in a poll conducted by CNBC-TV18, CNBC Awaaz and Moneycontrol
* We moved up to No. 14 on FinTech 100, an international annual listing of the top 100 global application and service providers to the financial services industry
* Named Best Outsourcing Partner in Wafers Readers` Survey
* Named a leader in Global IT Infrastructure Outsourcing
* NASSCOM-India Today Woman Corporate Award for excellence in gender inclusivity
* Global MAKE award for the fourth year
* Fortune`s Top 10 Companies for Leaders
* Bloom Group named Infosys dot com as a prospect-friendly website
* The Reputation Institute named Infosys, a globally respected company
* Dun &T Bradstreet`s Top Indian IT Companies 2007
* LACP Silver Award for Infosys Annual Report
* 2007 Optimas Award in the Global Outlook category
Our customers and market influencers also commended our service excellence and delivery efficiency during the year:
* The 2007 Boeing Performance Excellence Award (BPEA) from The Boeing Company for a 12-month gold-level performance
* Named Royal Bank of Scotland Group`s 2007 Best Technology Supplier
* Two Partner in Progress awards from Sears Holdings Corporation
* DaimlerChrysler`s IPS Supplier of the Year 2006
* Named Sainsbury`s 2006 IT Supplier of the Year
Dont talk bad about a company which has good ethics !!! Share prices may fall or rise according to Market Conditions.... But Trust wont come soon on a company in long run Buddy
Happy Dashehara
Posted by : vkk43Tracked by: 0 Boarder
An excellent message indeed for all....
In reply to:
Happy Dashehara
Posted by : My Multibaggers
Happy Dashehara to all of you & your family… May God help you erode all bad habits & cultivate more & more good habits in your soul…
Happy Dashehara
Posted by : My MultibaggersTracked by: 0 Boarder
Happy Dashehara to all of you & your family… May God help you erode all bad habits & cultivate more & more good habits in your soul…...
RIL to compete with Infosys to reach 999!
Posted by : knairTracked by: 0 Boarder
Thank you MARKETMAN,
Before I write anything here, I wish you a very happy dussehra.
The turmoil in the mkt may continue everywhere inluding India. India is not a country which has to decouple from others. Whatever happens in the world is directly or indirectly affected to us also. We are susceptible more in the case of IT, as we depend upon the other countries to perform rather than India. As far as India is concerned, we are generating very little revenue here . Even though Bangalore is considered to be world Hqrs for software, computerisation here is not much to be counted. Other important places like Chennai, Hyderabad, Pune etc are moving in the same way.
As a whole India is far behind in computerisation. We cannot get even 2 out of 10 in this case.
And see, how big is India. The potential here is enormous. When we computerise at least 50%, the revenue being generated is going to be in several billions.
Infosys and TCS should take a lead. I love both the stocks as they are transparent than any other company in this line.
Wil certainly add infosys to my PF. In fact I have short listed a few stocks in this bear mkt for addition/accumulation:
RIL, Infosys, L&T, NTPC, HDFC, ONGC, Tata steel, Tata motors,SBI -
as value additions.
knair
...
In reply to:
RIL to compete with Infosys to reach 999!
Posted by : marketman
Yes nair,infy is a big boy in the sector.... many people still love it irrespective of profits or losses.... buy the stock at around 9 pe levels during this american turmoil....
There are few whispers that infy may post losses in the Q3 due to many writeoffs....
RIL to compete with Infosys to reach 999!
Posted by : gunamjjTracked by: 0 Boarder
Infy always follows the proper accounting norms and well known for transparency....
"ICAI judged the Infosys Annual Report 2007 as the best in the Information Technology, Communication and Entertainment Enterprises category"
"Award for best investor relations by an APAC company in the US market at IR Magazine US Awards 2008"
Awards won by Infy in last financial year alone....
These are some of the awards that we received during the financial year 2007-08:
* Award for best investor relations by an APAC company in the US market at IR Magazine US Awards 2008
* ICAI judged the Infosys Annual Report 2007 as the best in the Information Technology, Communication and Entertainment Enterprises category
* The International Association of Outsourcing Professionals (IAOP) named Infosys in its 2008 Global Outsourcing 100
* Best Investor Relations Website and Company with Best Corporate Governance Practices in Investor Relations (IR) Global Rankings 2008 in APAC categories
* Voted the New Age Employer of Choice in 2007 in a poll conducted by CNBC-TV18, CNBC Awaaz and Moneycontrol
* We moved up to No. 14 on FinTech 100, an international annual listing of the top 100 global application and service providers to the financial services industry
* Named Best Outsourcing Partner in Wafers Readers` Survey
* Named a leader in Global IT Infrastructure Outsourcing
* NASSCOM-India Today Woman Corporate Award for excellence in gender inclusivity
* Global MAKE award for the fourth year
* Fortune`s Top 10 Companies for Leaders
* Bloom Group named Infosys dot com as a prospect-friendly website
* The Reputation Institute named Infosys, a globally respected company
* Dun &T Bradstreet`s Top Indian IT Companies 2007
* LACP Silver Award for Infosys Annual Report
* 2007 Optimas Award in the Global Outlook category
Our customers and market influencers also commended our service excellence and delivery efficiency during the year:
* The 2007 Boeing Performance Excellence Award (BPEA) from The Boeing Company for a 12-month gold-level performance
* Named Royal Bank of Scotland Group`s 2007 Best Technology Supplier
* Two Partner in Progress awards from Sears Holdings Corporation
* DaimlerChrysler`s IPS Supplier of the Year 2006
* Named Sainsbury`s 2006 IT Supplier of the Year
Dont talk bad about a company which has good ethics !!! Share prices may fall or rise according to Market Conditions.... But Trust wont come soon on a company in long run Buddy
...
In reply to:
RIL to compete with Infosys to reach 999!
Posted by : treasureddhan
As US crisis is severe, if the INFy management is prudent and follow the Accounting norms, it is better for them to provide for all known losses and show a dip in the profit rather than increase in qonq profit. If INFY reports increase in profit, then it clearly indicates fraudlent accounting for sure and ICAI should really give a thought to the accounting rather than supporting the dirty accounting policies followed by the company and making the stakeholders fools. According to accounting priciple it is suggested all known determined future losses should be provided. Though last quarter, the company would have made some profit, but the losses the company incurred during the past 10 days Infy should take into account and book thoses losses including the exchange loss. This I am sure the company will not do and I am sure people like Udayan would jump on the day of result saying INFY has performed better than expectation fooling the general public. Infy should quoting below 900 if the realistic picture and proper accounting norms are followed. I am sure the market will fool the small investors
RIL to compete with Infosys to reach 999!
Posted by : gunamjjTracked by: 0 Boarder
Infy is well known for it`s transparency.... Each and everyone agree to this... Lots and lots of Mutual Fund houses still hold for it`s better management principles and the good management it has... It had won lots of awards including the recent "Platinum Award for Excellence in People Management" by Grow Talent Company Limited and Businessworld. This honour has been awarded to Infy for featuring in top 25 list of the Great Place to Work in India studies in the past four years.... There are many peoples who hold this stock inspite of their losses/profits for being proud holding a good scrip... Moreover this big boy is "Zero Debt Company" still and has high networth.... Pls Think and study about this Gem Before u jump into conclusion again.....
...
In reply to:
RIL to compete with Infosys to reach 999!
Posted by : treasureddhan
As US crisis is severe, if the INFy management is prudent and follow the Accounting norms, it is better for them to provide for all known losses and show a dip in the profit rather than increase in qonq profit. If INFY reports increase in profit, then it clearly indicates fraudlent accounting for sure and ICAI should really give a thought to the accounting rather than supporting the dirty accounting policies followed by the company and making the stakeholders fools. According to accounting priciple it is suggested all known determined future losses should be provided. Though last quarter, the company would have made some profit, but the losses the company incurred during the past 10 days Infy should take into account and book thoses losses including the exchange loss. This I am sure the company will not do and I am sure people like Udayan would jump on the day of result saying INFY has performed better than expectation fooling the general public. Infy should quoting below 900 if the realistic picture and proper accounting norms are followed. I am sure the market will fool the small investors
Tomorrow`s PROJECTIONS for this STOCK
Posted by : GuestTracked by: 0 Boarder
The golden days of infosys are over for the following reasons
1. It depends hugely on the american and european markets and these 2 markets are reeling under the economic crisis.
2. The attrition rate of infosys is at its alltime high and employee dissatisfaction especially at 3% yearly wage hike has only fuelled discontentment.
3. Furthermore there are suicides which are happening at Infosys which has made global headlines and this has tainted and tarnished the image of infosys.(This is with specific reference to the suicide in their mysore campus whic happened on the 5th of October 2008 and which was muzzled by infy management).
Infosys is no longer the blue eyed boy of neither its clients nor educated or experienced investors green horns who are wet behind their ears and financial illiterates might prefer it but savvy investors have started to shun it.
The downfall of infosys started almost 3 years ago since 2006 the stock has been drifting and will crash like anything going forward.
...
In reply to:
Tomorrow`s PROJECTIONS for this STOCK
Posted by : DUstocks
As per the latest Speed of Trend (SOT) analysis, INFOSYSTCH is already OVERSOLD on RSI. Possible buying opportunity.
SUPPORT & RESISTANCE LEVELS for TOMORROW, Friday, 10th October, 2008 :
R3 R2 R1 P S1 S2 S3
1413.16 1356.58 1305.41 1248.83 1197.66 1141.08 1089.91
NIFTY SUPPORT & RESISTANCE LEVELS for TOMORROW, Friday, 10th October, 2008 :
R3 R2 R1 P S1 S2 S3
3910.50 3757.45 3635.55 3482.50 3360.60 3207.55 3085.65
Please don`t interpret SOT figures in ABSOLUTE terms for setting up your trades, use them only for general directional guidance - all at your risk & responsibility of course. If you do not understand what SOT projections are all about, just ignore this post, rather than setting up your trade upon something you know nothing about.
Tomorrow`s PROJECTIONS for this STOCK
Posted by : DUstocksTracked by: 0 Boarder
As per the latest Speed of Trend (SOT) analysis, INFOSYSTCH is already OVERSOLD on RSI. Possible buying opportunity.
SUPPORT & RESISTANCE LEVELS for TOMORROW, Friday, 10th October, 2008 :
R3 R2 R1 P S1 S2 S3
1413.16 1356.58 1305.41 1248.83 1197.66 1141.08 1089.91
NIFTY SUPPORT & RESISTANCE LEVELS for TOMORROW, Friday, 10th October, 2008 :
R3 R2 R1 P S1 S2 S3
3910.50 3757.45 3635.55 3482.50 3360.60 3207.55 3085.65
Please don`t interpret SOT figures in ABSOLUTE terms for setting up your trades, use them only for general directional guidance - all at your risk & responsibility of course. If you do not understand what SOT projections are all about, just ignore this post, rather than setting up your trade upon something you know nothing about.
...
RIL to compete with Infosys to reach 999!
Posted by : sankarantprTracked by: 0 Boarder
Expecting RIL and INFY to reach 999 level is only wishful thinking...
In reply to:
RIL to compete with Infosys to reach 999!
Posted by : kachaaloo
i feel none will reach 999
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