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Infosys Earnings Does Not Justify Stock Reaction: Ambit Capital
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Infosys Earnings Does Not Justify Stock Reaction: Ambit Capital
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Published On: October 10, 2014
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Pramod Gubbi, Director (equity sales) at Ambit Capital told NDTV that except margin improvement there was nothing in the Q2 earnings of Infosys which can justify Friday's stock reaction. Bonus issue is not the way to reward shareholders, he added.
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