Fairval

Notes on Indian equities, sectors and economy

  • Enter your email address to subscribe to this blog and receive notifications of new posts by email.

    Join 90 other followers

  • Top Posts & Pages

Infy hits a wall

Posted by fairval on April 15, 2009

Infy isnt growing anymore, shows this chart from an Isec report. If u see total active clients, this number peaked 2 quarters ago. Again, global economy is contracting, so this is perhaps a result of this. But interesting to note that potential market for Indian IT isnt the limitless ocean it used to be.

Total clients not growing, and billing rates headed down (since clients are re negotiating).

More reason to be underweight Infy.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: