Expect Satyam to beat Q1 guidance: UBS
Money Control: Trideep Bhattacharya of UBS says that he expects Satyam (NYSE: SAY) to beat the Q1 guidance, and they are positive on the stock. He further states that they continue to favor large caps, with Infosys as their top pick. He adds that Infosys FY07 EPS is seen at Rs 130.50 and FY08 EPS is seen at Rs 165 (with Bonus).
Speaking on Wipro, he says that their results may be lukewarm due to the BPO drag and they are not recommending Wipro due to its valuation premium to Infosys. He is very bullish on Infosys and set a target of Rs. 4000 over the next one-year perspective. About TCS he says Margins may cool off a bit in TCS because of the wages, visa cost and the impact of the Pearl Group. But overall, the ramp up will show that the demand momentum is robust.
Fatal error: Call to undefined function similar_posts() in /home2/kyastyle/public_html/india/wp-content/themes/financial_nirvana/single.php on line 36