Markets await Infosys Q2 guidance
Less than three weeks after taking over as CEO, Kris Gopalakrishnan faces an unenviable task. The rupee is rising and that is bad news for the bottomline of IT bellwether Infosys Technologies.Hence the billion-dollar question, will Infosys miss its revenue guidance for Q1'08 in Rupee terms? Analysts expect a small rise in sales but actually a dip in profits by nearly 5 per cent, quarter on quarter the EPS too may slide a little.
