Buy Infosys, target price Rs 1000: Emkay Global - Economic Times 18-Jul-2020

Buy Infosys, target price Rs 1000: Emkay Global - Economic Times


In FY21 outlook, the company expects 0-2% yoy growth in cc revenue, with EBIT margin in the range of 21-23%, which suggests that Infosys is likely to defend/improve margins on a YoY basis after multiple years of decline.

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