India's mid-tier IT firms gain share from industry goliaths [Yahoo! Finance]
Infosys Limited American Depositary Shares (INFY)
Last infosys limited american depositary shares earnings: 4/21 04:00 pm
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Source: Yahoo! Finance
industry goliaths in recent quarters as clients curtailed discretionary spending amid inflationary pressures and economic uncertainty, analysts said. Unlike their larger rivals such as Tata Consultancy Services and Infosys, mid-tier IT firms tend to focus on short-term deals aimed at helping clients cut costs rather than chase large-scale projects. The practice has paid off in an environment of slowing demand in prominent markets such as North America and Europe. LTIMindtree, Coforge, Mphasis and Persistent Systems are "increasingly viewed as challengers in (winning) Fortune 500 accounts, aiding the share gain process," Kotak Institutional Equities said. The smaller companies could outperform their larger rivals further once discretionary spending improves, Kotak analysts Kawaljeet Saluja, Sathishkumar S and Vamshi Krishna said. This should set the mid-tier IT firms up well as they try to win more budget-conscious clients in an economic backdrop where U.S. interest rates are
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INFY
News
- Infosys a Top 100 most valuable brand in the world by Kantar BrandZ; Ranked among the most-trusted brands in India and the USPR Newswire
- Infosys a Top 100 most valuable brand in the world by Kantar BrandZ; Ranked among the most-trusted brands in India and the US [Yahoo! Finance]Yahoo! Finance
- Infosys a Top 100 most valuable brand in the world by Kantar BrandZ; Ranked among the most-trusted brands in India and the USPR Newswire
- Infosys a Top 100 most valuable brand in the world by Kantar BrandZ; Ranked among the most-trusted brands in India and the USPR Newswire
- Jefferies Report: Margin Expansion of IT Cos. in FY25 Faces Significant Hurdles [Yahoo! Finance]Yahoo! Finance
INFY
Earnings
- 4/19/24 - Beat
INFY
Sec Filings
- 6/4/24 - Form 6-K
- 4/24/24 - Form 6-K
- 4/18/24 - Form 6-K
- INFY's page on the SEC website