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“In India, companies may fall sick, but promoters rarely do!”

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April 15, 2009

Sensex at 11200 ! Risk to Continue Riding the Momentum is High…Caution Indicated

Sensex has climbed above it’s 200 DMA Levels and is currently 11200,pushing upwards…Nifty too is at 3450 levels Caution is advised…We’re now at 13 times…Elections are on us and the mandate is unclear…Infosys has just announced lower earnings expected for FY 10…Satyam legal hassles begin playing up in June with the Upaid Trial….India’s Fiscal Deficit …

Sensex at 11200 ! Risk to Continue Riding the Momentum is High…Caution Indicated Read More »

Infosys begins the earnings season with a flat guidance for FY 10

Infosys has just announced their audited consolidated results for Q4 FY 09 ( Jan-March 2009) and also for the full year FY 09 For easy reference,I have summarised the performance as below Audited Consolidated Results of INFOSYS TECHNOLOGIES LTD  Financial Year 2008-9 ending March 31,2009   Rs in Crs FY 09 at March 31,2009 FY 08 at …

Infosys begins the earnings season with a flat guidance for FY 10 Read More »

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