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Why Analysts Expect Infosys To Cut Margin Forecast For Second Straight Year
Investment in digital services, higher salaries to retain talent and hiring more employees overseas weigh on Infosys’ margin.
06 Mar 2019, 11:43 AM IST
Analysts expect Infosys Ltd. to lower margin guidance for the second straight year as it continues to invest in digital services, increases salaries to retain talent and hires more employees overseas.India’s second-largest software services provider may cut its operating margin guidance to 21-23 percent for the financial year starting April, Nomura said in a research note. Motilal Oswal expects it to report margin forecast between 21...
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