Long Term
Infosys Technologies has recorded an impressive growth in topline during the recently concluded quarter due to rupee depreciation. However, in dollar terms, sequential growth in topline stood at a mere 1.1%.EBITDA margins dipped 207bp q-o-q on account of the salary hikes carried out in April and higher visa costs. Nonetheless, the rupee depreciation witnessed during [...]
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Broker tips
Reliance Industries Ltd. was founded by Mr. Dhirubhai Ambani and is India’s largest private sector enterprise. Starting with textiles in the late seventies, Reliance pursued a strategy of backward integration from textiles to polyester, fibre intermediates, plastics, petrochemicals, petroleum refining and oil and gas exploration and production. RIL has facilities in Naroda, Hazira, Patalganga and [...]
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