Tuesday, 16 October 2018

Ahead of Q2 results, Hero Motocorp trades flat, Infy gains 1%

IT giant Infosys and India’s largest two-wheeler manufacturer Hero Motocorp are all set to announce their results on Tuesday. Expectations indicate that Infosys' revenue is all set to spike 6.4% qoq on seasonality impact as well as a turnaround in BFSI/retail and deal ramp ups. Further, the PAT is projected to be Rs4,084cr, up 5.2% qoq. Infosys share price is currently trading at Rs706.25, up Rs7.15, or 1.02%, from its previous close of Rs699.10 on the BSE.


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