Infosys Ltd ADRINFY

Morningstar Rating

Stock Research and Analysis

by Morningstar Equity Analysts

Infosys Technologies, one of the most recognizable names in offshore information technology services, is best known for its operational excellence, innovation, and corporate-governance standards. The company's strength lies in its comprehensive services Read more

Bulls Say

Infosys capitalized on the strong demand for offshore IT services and has established long-standing relationships with its clients, leading to substantial recurring revenue opportunities.

The company's solid profitability, coupled with limited reinvestment needs, drives strong free cash flow.

Increased traction for offshore outsourcing should act as a tailwind for Infosys over the medium term. Read more

Bears Say

Infosys' insistence on premium pricing could hurt its future growth opportunities.

Infosys participates in the highly fragmented IT services industry, which is extremely competitive and subject to pricing pressure.

Foreign currency fluctuations can adversely affect Infosys' operating results, as the company earns its revenue in multiple currencies while its cost base is primarily in Indian rupees. Read more

Management

We believe stewardship at Infosys is good. Infosys is led by CEO S.D. Shibulal and chairman K.V. Kamath. Shibulal co-founded the firm in 1981 with executive co-chairman S. Gopalakrishnan, and both have been instrumental in the growth of the company. Read more

Profile

Founded in 1981 and based out of Bangalore, India, Infosys Technologies is a leading global provider of IT-related products and services. Its service portfolio includes Read more