Will look to upgrade Infosys' earnings estimates for FY14: IIFL
With Infosys’s Q3 results beating expectations, Aniruddha Mehta, research analyst at IIFL, says the firm will look at revising upwards its estimates for earnings for the IT major. Mr Mehta thinks that the upturn in earnings after a long time could be sustainable, but adds that more evidence is required to support this thesis.
