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Will there be more upside for Infosys stock after its Q1 earnings? Mahantesh Sabarad answers
Yes, of course, the guidance, the upgrade and the number beat should mean that we will have a lot of upgrades happening from the street, upgrades particularly in terms of later quarter, that means the run rate would likely start growing or remain elevated as we move ahead. So, it will not be just 200 or 300 bps in terms of upgrades of earnings, it could be well over 400-500 bps kind of number.