Indian software services sector to grow 7-9 percent in FY19 - lobby group [Reuters]
Infosys Limited American Depositary Shares (INFY)
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Source: Reuters
Indian software services sector to grow 7-9 percent in FY19 - lobby group | Reuters 3 Min Read HYDERABAD, India (Reuters) - India’s software services exports will see revenue growth of 7-9 percent in constant currency terms in the fiscal year to March 2019, a leading lobby group forecast on Tuesday, as the industry continues to recover from what has been a tough year. The forecast, which was put out at the annual summit of the National Association of Software and Services Companies (NASSCOM), is in line with the 7.8 percent revenue growth it expects in the six months to the end of March 2018. The country’s $154-billion information technology sector has been buffeted by a broader slowdown in technology spending, while uncertainty looms over work visa rules in the United States, the biggest market for Indian software services firms. U.S. President Donald Trump has, however, so far not made any drastic changes to the H-1B visa program, widely used by Indian companies to bring engineers a
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INFY
News
- Infosys Limited (NYSE: INFY) had its price target lowered by analysts at BMO Capital Markets from $21.00 to $18.00. They now have a "market perform" rating on the stock.MarketBeat
- Infosys (INFY) Q4 Earnings and Revenues Surpass Estimates [Yahoo! Finance]Yahoo! Finance
- Infosys Limited (NYSE:INFY) Q4 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Infosys Limited (NYSE: INFY) had its price target lowered by analysts at Susquehanna from $15.00 to $14.00. They now have a "negative" rating on the stock.MarketBeat
- Infosys Limited (NYSE: INFY) had its "hold" rating re-affirmed by analysts at HSBC Holdings plc. They now have a $20.10 price target on the stock.MarketBeat
INFY
Earnings
- 4/19/24 - Beat
INFY
Sec Filings
- 4/18/24 - Form 6-K
- 4/2/24 - Form 6-K
- 2/22/24 - Form 6-K
- INFY's page on the SEC website