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Infosys' Q3 results were in line, but guidance disappointing: Sharekhan

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Uploaded by on Jan 12, 2012

Sanjeev Hota, Assistant VP, Research, Sharekhan says that Infosys' Q3 results were in line, but the guidance disappointed us. "After making two Saturdays as working in the quarter, the volume growth was not upto mark and 16.4 per cent guidance for the whole year disappointed us," he added. He further expects some more negative news coming out once the budget is finalized in the first week of February.

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