Infosys shares jump 7% on Q3 results. Is the downgrade cycle over?

January 12, 2024

Infosys shares surge as Q3 results beat expectations. While FY24 revenue growth guidance was tightened, analysts are betting that Q3 was the bottom for the earnings downgrade cycle for the IT major. We expect growth to accelerate in FY25 on account of the ramp-up of large deals, strong deal pipeline and expected recovery in discretionary spending, said Emkay Global.

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Delta Autocorp IPO share allotment expected soon. Here’s how you can check status and GMP

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