Research ReportsInfosys Q2 Review — IDBI Capital Maintains 'Buy' On Long-Term Positive Outlook With 16% Upside Potential
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Infosys Q2 Review — IDBI Capital Maintains 'Buy' On Long-Term Positive Outlook With 16% Upside Potential
IDBI Capital maintains 'Buy' on Infosys but revises target price factoring in the current challenges such as tariffs, geopolitical tensions, sentiments related to H1B visa and trade barriers.
Infosys' free cash flow was healthy at $1.1 billion, equal to 131% of net profit, while attrition dropped to 14.3%. (Photo: Vijay Sartape/NDTV Profit)
Infosys' Q2 FY26 revenues showed strong performance, growing 2.2%/2.9% QoQ/YoY in CC terms, driven by increased market share gains. Financial services (+5.4% YoY), Manufacturing (+6.6% YoY), Communication (+ 4.7% YoY) and Hi-tech (8.6% YoY) along with Europe (+6.3% YoY) & India (+6.8% YoY) backed the overall growth. Infosys revised its full-year revenue growth guidance to 2% to 3% in constant currency.