Friday, July 9, 2010
Infosys to regain its number one position in India
Among the top three Indian software companies Infosys will create a record of gaining more projects and shares by next three years.It deals with Telstra and British petroleum,'mineable' clients are responsible for IT growth in India as they are the source of finance,said by IIFL.
Infosys has developed in a small period though the world is dealt in recession period by IT whereas Tata Consultancy Services and HCL are gradually getting down day by day.
Infosys is gaining more and more clients as well as projects from UK and US rather than in Europe. As the revenues rises up to 16.5 percent in US and 13-14 percent is declined from Europe."The faster recovery in the US, coupled with Infosys' relatively high exposure to that geography, makes it well-placed to register sector-leading revenue growth," it said.
"The company's Earnings Per Share (EPS) is also likely to register a Compound Annual Growth Rate (CAGR) of 23 per cent over FY 10-13 against the 18-20 per cent of those of its competitors."
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