Investors will have to be content with single-digit earnings although the hefty dividend payout could limit downside for the stock
Moneycontrol News
Tech giant Infosys announced its Q4 results on April 13. The results came out in line with expectations and pointed toward accelerate investments.
The sale of recently-acquired Panaya and Skava shows that Chief Executive Officer (CEO) and Managing Director (MD) Salil Parekh is charting his own path with the blessings of the founders and is adopting a service led-growth model as opposed to his predecessor’s strategy of emphasizing on products.
Investors will have to be content with single-digit earnings although the hefty dividend payout could limit downside for the stock.
Here’s a podcast on Infosys’s Q4 earnings and how the numbers stack up...