Infosys Technologies

Buy infy at around 9 pe multiple....

Posted by : novice1000
Price when posted : BSE: Rs 1226.70 ( -2.20 % ), NSE: Rs. 1225.20 ( -2.32 % )

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dear lion & tiger,

Never reveal such hard core facts openly. Investors may get heart attacks...

regards...

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Buy infy at around 9 pe multiple....

Posted by : lion-&-tiger

My wish : Infy at 500 - 600 (because infy is still having high PE - global revaluation is going on )

Watch whether to-day`s low is because of IT sector...

Buy infy at around 9 pe multiple....

Posted by : Guest
Price when posted : BSE: Rs 1268.00 ( 1.09 % ), NSE: Rs. 1245.00 ( -0.74 % )

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Dear marketman......... never ll infy cut jobs in any situation..... its the only company that has been employee friendly since its inception........... ...

In reply to:

Buy infy at around 9 pe multiple....

Posted by : marketman

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....

Technical pull back is in cards

Posted by : novice1000
Price when posted : BSE: Rs 1270.10 ( 1.26 % ), NSE: Rs. 1258.00 ( 0.30 % )

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dear IT_bulls,

Due to the appreciating US $ against INR, these companies show btter results temporarily.

And the over all markets are over sold.So this counter may see some temporary upside.

However that shouldnt be mistaken with the long term prospects of this counter.

What has happened in the year 2001 was different.Now one of the main poblems of the troubles in US are the Unemployment.And pls remember that outsouring is the main cause of umemployment.If companies try to outsource more, US economy will collapse.

Researh studies clearly showed that, out sourcing beyond an optimal point will do more damage than good to US ecconomy.

regards...

In reply to:

Buy infy at around 9 pe multiple....

Posted by : marketman

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....

Infosys could touch its lifetime low of 362 & break down below

Posted by : Guest
Price when posted : BSE: Rs 1218.00 ( -2.90 % ), NSE: Rs. 1230.00 ( -1.93 % )

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Infosys so far holding up its valuations due to good Q2 for the company. But days ahead could be worst due to global weakness. US Financial crisis yet to factor in Indian It stocks. Business orders yet to slowdown & US elections yet to happen & also after new Govt. in US, US comg. yet to amend many policies regarding IT outsourcing. Also, rupee yet to start seeing strength.
Infosys lifetime low of Rs. 362 in Nov. 1995 hasn\`t been broken yet. I think Infy riding 4-5 bubble still. However, all IT stocks so far have broken their life time lows. Infosys is overowned stock from 1995.
...

turn weak

Posted by : vkk43
Price when posted : BSE: Rs 1200.00 ( -4.33 % ), NSE: Rs. 1216.00 ( -3.05 % )

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Thanks for your views. Going forward the share will make a new low, I agree....

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turn weak

Posted by : novice1000

Dear vkk,

This sector as a whole and this counter in specific are no more investment grade stocks.

Even US comes out of toubles, these campanies can no more maintain endless amounts of linear growth.

Going forward, all these companies witness continous shrinking of NPMs.

These stocks may bottom out anywhere in the next 18 to 24 months.I dont want to give any figure.. but it will be surprisingly low and many Infy fans may find it difficult to digest.

regards

PS:But these counters are excellent trading stocks.

turn weak

Posted by : novice1000
Price when posted : BSE: Rs 1198.00 ( -4.49 % ), NSE: Rs. 1200.25 ( -4.31 % )

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Dear vkk,

This sector as a whole and this counter in specific are no more investment grade stocks.

Even US comes out of toubles, these campanies can no more maintain endless amounts of linear growth.

Going forward, all these companies witness continous shrinking of NPMs.

These stocks may bottom out anywhere in the next 18 to 24 months.I dont want to give any figure.. but it will be surprisingly low and many Infy fans may find it difficult to digest.

regards

PS:But these counters are excellent trading stocks....

In reply to:

turn weak

Posted by : vkk43

This share has turned weak after the announcement of its guidance.

Infosys to slide & find bottom at 700 level

Posted by : Guest
Price when posted : BSE: Rs 1193.85 ( -4.82 % ), NSE: Rs. 1184.50 ( -5.56 % )

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No positives for IT coming 1-2 years from USA. Also, It sector valuations are string due to rupee weakening. I think Next quarter & year will be worst for the sector. It would slide to 700 & become stable. So one can look at this a good buy at Rs.700. But even below 700 it would have free fall just like market seeing right now....

Buy at much lower level

Posted by : Guest
Price when posted : BSE: Rs 1185.00 ( -5.53 % ), NSE: Rs. 1196.00 ( -4.64 % )

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Guidance for coming year as well as coming quarter would be the much low. So I think due to Q2 good numbers stock like infosys saw good price. So I think the next target would be much lower. I think lowest bottom level is near Rs. 600-700 where infy would bottom out next year. ...

Infosys nosedives on lower FY09 dollar quidance

Posted by : zoombusiness
Price when posted : BSE: Rs 1195.00 ( -4.73 % ), NSE: Rs. 1182.00 ( -5.76 % )

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Shares of Infosys Technologies fell 13 per cent after the software exporter lowered its forecast in dollars, citing shaky global economic situation.-et...

turn weak

Posted by : vkk43
Price when posted : BSE: Rs 1192.00 ( -4.97 % ), NSE: Rs. 1222.00 ( -2.57 % )

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This share has turned weak after the announcement of its guidance....

Infosys Q2 net up 10% at Rs 1432 cr; lowers FY09 guidance

Posted by : Rose
Price when posted : BSE: Rs 1188.00 ( -5.29 % ), NSE: Rs. 1197.00 ( -4.56 % )

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Infosys Technologies has announced its second quarter numbers. It has posted 10% jump in net profit of Rs 1,432 crore for the second quarter of FY09 as against Rs 1,302 crore in previous quarter. Numbers are above estimation, as CNBC-TV18 was expecting net profit at Rs 1427.5 crore.

Its revenues went up by 11.6% to Rs 5,418 crore from Rs 4,854 crore, (QoQ). CNBC-TV18 expected revenues at around Rs 5,327.3 crore.

Guidance

Q3 revenues seen at around USD 1.175-1.22 billion

Q3 EPS seen at Rs 26.63 per share

FY09 EPS seen at Rs 101.06 per share

FY09 consolidated revenue seen at Rs 4.72-4.81 billion, lowers by 5%
...

32 percent growth; Rs 10 dividend

Posted by : IT_Bulls
Price when posted : BSE: Rs 1168.00 ( -6.88 % ), NSE: Rs. 1186.30 ( -5.42 % )

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Yes; it is really a very very stupid thing.

When the business is going good, Infy should not have cut down estimate only as a function on `Environment news`.

They have no reason to downgrade EPS from 2.34 dollar to 2.24 dollars; they have done it just for the fun of it.
...

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32 percent growth; Rs 10 dividend

Posted by : treasureddhan

What a stupid statement by the director of Infy, he hears from environment and not from client. What a way to sheild the fear

BSE Announcements on Infosys

Posted by : MMB Messenger
Price when posted : [Infosys - BSE:Rs. 1179.00 NSE:Rs. 1184.45 when posted]

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Infosys Technologies Ltd has submitted to BSE a copy of the Fact Sheet - Consolidated Financial data, Second Quarter, 2008-09....

BSE Announcements on Infosys

Posted by : MMB Messenger
Price when posted : [Infosys - BSE:Rs. 1179.00 NSE:Rs. 1184.45 when posted]

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Infosys Technologies Ltd has informed BSE that on August 25, 2008, Infosys announced a recommended cash offer of 600 pence per share (including the Interim Dividend) for Axon Group plc. On September 26, 2008, the Axon Board informed the Company of a potential competing offer for Axon at 650 pence per share (including the Interim Dividend). Subsequently, the Axon Board announced the withdrawal of its recommendation of Infosys offer and its intent to unanimously recommend the higher offer when made.

After careful consideration, the Board of Infosys has concluded that it will not increase the price of its original offer dated August 25, 2008.

Infosys has a fast-growing and profitable SAP-led business transformation practice. The Company is confident that its decision will have no material impact on its strategic plans.

Terms defined in the Infosys announcement of August 25, 2008 have the same meaning in this announcement....

BSE Announcements on Infosys

Posted by : MMB Messenger
Price when posted : [Infosys - BSE:Rs. 1179.00 NSE:Rs. 1184.45 when posted]

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Infosys Technologies Ltd has informed BSE regarding a Press Release dated October 10, 2008 titled "Q2 revenues grew by 19% year on year; constant currency 19.5%"....