Fan Site: Inspired, Not Endorsed, By Rakesh Jhunjhunwala

CITI on Infosys (Investor meet takeaways)
Buy, TP Rs 1725
Remains confident on delivering FY23 rev guidance of 14-16%, despite macro challenges
Margins will likely be at lower end of guidance band (21- 23%)
Demand is still decent in Europe despite macro challenges

Stock:
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Disclaimer: This is a Fan Site in Rakesh Jhunjhunwala's name. Rakesh Jhunjhunwala is not associated with us and is in no way aware, accountable or responsible for what is stated here. Further, nothing here constiutes investment advice for you to act on. Also, we have a vested interest, and are extremely biased, in everything that we say. So Mind It!