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Aug29
Rupee vs dollar: What infosys is up to?

Over last couple of months

1. Infosys has increased its billing rate by 3-4 percent on new contracts and 2-3 percent on old contracts

<!- 2. It is trying to broaden its base while diverting depnedancy from US. US revenue share has come down to 50% from 60%. Europe’s share increased from 26% to 30% Rest of the world rose to 205 from 14%. Infosys-Europe-logo-rupee-dollar

<!- 3. Earnings forcasts remain unchanged.   

     4. Infosys’ exposure to the subprime (and volatile) and mortgage industry is about 0.5 per cent

<!- 5. Shares have fallen 5 per cent in the past three months against a 2.8 per cent gain for the Sensitive Index of the Bombay Stock Exchange.

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