Positively Surprised By Infosys' Raised Revenue Guidance: Aniket Pande, Prabhudas Lilladher
  • WebDesk BTVI
  • Jul 15 2019

Aniket Pande, Analyst at Prabhudas Lilladher, says he is positively surprised by the Infosys management stance on raised revenue growth guidance for FY20 to 8.5-10 per cent in constant currency, and has increased the company's earnings estimate for FY20 by around 4 per cent. He says strong deal winds in this quarter for Infosys has given him confidence that revenue momentum will be maintained in FY20.