I was going through Google Finance and came across this discussion. Here is the link
http://finance.google.com/group/google.finance.663089/browse_thread/thread/67e7beee64a647cb/2976e02191d13613#2976e02191d13613
Analysts are worried about rupee getting stronger which will put Infy management in diffcult position to meet its own revenue projections.Two months have passed in 2008 fiscal and Every body is waiting for 13th july when Infy will come out with Q1 results. This time if Infy revises its guidance southwards, then we can expect some big selling.If they are able to maintain the guidance(no body is expecting upward revision) for the year, it will be a big boost to sentiments in Markets.
But One thing is sure This year will be one of difficult years for Infy Mangement to maintain growth of 40% in event of stronger rupee,bigger employee base,rising salary pressure and fresh H1B debate.
Let's wait for 13Th July!!!!!!!!!
Saturday, May 26, 2007
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