Infosys announces Q3 Results
January 12th, 2007
Infosys has announced its Q3 results for the year 2006-07. The results are impressive enough though many analysts feel they are a bit low compared to their expectations. Much of the blame this time goes to the Indian Rupee - US Dollar fluctuations.
The markets reacted positively at the announcement as evident from the start to the end on the results announcement day. The markets which are in deep red for the past few days have opened up in green and ended back in green even when most other Asian markets ended in red. Won’t this be enough to show how much value Infosys add’s to the Indian stock market?
Entry Filed under: Equity Markets, IT & ITes
Leave a Comment
Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>