Do Not Expect Good Q1 Earnings From Infosys: Religare Capital Markets
  • Saba Ashraf
  • Jul 11 2013

Earnings season is set to kick off in full force with India's second largest software exporter, Infosys reporting earnings tomorrow morning. Rumit Dugar, Vice-President of Institutional Research at Religare Capital Markets does not believe it will be a very good quarter for the IT heavyweight. In terms of sequential growth perspective, he expects 0-3.5% dollar growth for the sector, while rupee growth is expected to be n the rage of 5-6%.