As IT midcap stocks ride high, it has created speculation around a potential bubble with analysts picking the midcaps' client concentration as the biggest concern area.
The company's growth was driven by a decline in total expenses, lower finance cost and higher other income.
Possibility of higher growth and relatively cheaper valuations makes Street more positive on Infosys, says Sheetal Agarwal.
Mid-sized IT firms have stepped up hiring in the current fiscal year, adding more than half as many employees in the first quarter of FY19 as compared to the whole of the previous financial year. This momentum is likely to continue for the rest of 2018-19 (FY19) as well.
Mindtree, eclerx and Hexaware are trading at similar valuations to that of the larger peers.
Abhishek packs a punch and Nimrat is deliciously wicked but Dasvi falls short of being the razor-sharp satire it deeply aspires to be, feels Sukanya Verma.
Mr Modi and Mr Shah will need him if they want to win UP again in 2022 and India in 2024. This signals a Yogi Adityanath-sized change in BJP politics, even under Mr Modi, Shekhar Gupta.
The strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans
It reinforces the Muslim stereotype, says Syed Firdaus Ashraf.
'The BJP should know that simple caste arithmetic may have ceased to follow the basic law of addition.' 'Adding up seemingly distinct vote banks can even cause overall reduction in numbers,' says Sudhir Bisht.
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