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11 Jan 2008

Infosys Results Update

1. Infosys Technologies has announced its third quarter numbers.

2. The company has posted consolidated net profit of Rs 1,231 crore for the quarter ended December 2007 versus Rs 1,100 crore in previous quarter.


3. The net sales are up to Rs 4,271 crore from Rs 4,106 crore, QoQ.

4. One can buy this stock for a long term and even one of the brokerage houses UBS has also recommended it with a price target of 2300 in long term future.


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