Report
Andrew Lange
EUR 101.80 For Business Accounts Only

Infosys Reports Solid 3Q; New CEO Addresses the Market; Shares Fairly Valued

Infosys’ new CEO, Salil Parekh, took the helm during the company’s third-quarter results. In what was a decent financial quarter for the firm, it was also an opportunity for Parekh to address investor concerns surrounding the direction and strategy of the company. Parekh noted four areas of review over the coming months: new market opportunities, Infosys’ client relationships, the company’s employees, and the firm’s service offering portfolio. We expect Parekh to address the market with his form...
Underlying
Infosys Limited

Infosys is a global technology services company based in India. Co. provides business consulting, technology, engineering and outsourcing services. Co.'s end-to-end business solutions include: Consulting and Systems Integration - consulting, enterprise solutions, systems integration and advanced technologies; Business IT Services - application development and maintenance, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; and Products, business platforms and solutions, including Finacle™, which addresses core banking, mobile banking and e-banking needs of banks worldwide.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Lange

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