Whalesbook
Toh bhai, hua kya ki Infosys ka share Friday ko ekdum se gir gaya, aur seedha pichle 52 Hafte ke sabse kam level par aa gaya. Lagbhag ₹1,199 ke paas trade ho raha tha. Is sabka main reason hai company dwara FY27 ke liye diya gaya revenue growth ka conservative outlook, jo ki sirf 1.5% se 3.5% rehne ka andaaza hai constant currency mein. Ye numbers market ki expectations se kaafi kam the.
Aur bhai, sirf Infosys hi nahi hai aisi. Poore Indian IT sector mein same haalat hai. Jaise HCL Tech bhi FY27 mein bas 1% se 4% growth expect kar raha hai, aur Wipro ka toh Q1 FY27 mein flat ya negative performance ka andaaza hai. TCS bhi bade macro headwinds ki baat kar raha hai.
Is sabka reason hai global clients ka tech spending postpone karna aur economic uncertainty ke chalte projects ko roka jana. AI bhi ek taraf growth ka source hai, par wahi dusri taraf traditional services ke liye price pressure aur margin issues bhi la raha hai.
Ab analysts kya keh rahe hain? Mostly log 'Hold' rating de rahe hain, matlab na becho na kharido. Price targets bhi zyada nahi lag rahe. Lekin haan, kuch analysts jaise JM Financial aur Anand Rathi ne 'Buy' rating di hai aur targets ₹1,460 se ₹1,500 tak set kiye hain, unka kehna hai ki stock correction ke baad valuations attractive lag rahe hain aur deal wins bhi acchi hain.
Ek interesting baat yeh hai ki Infosys FY27 mein 20,000 fresh graduates ko hire karne ka plan bana raha hai, future demand ko support karne ke liye. Lekin low revenue projections ke beech yeh decision financial prudence par sawaal utha raha hai.
Basically, sabse bada question yahi hai ki Infosys aur baaki companies is hesitant global economy mein apna revenue growth kaise badha payenge.