Infosys tanks on lower-than-expected FY13-14 guidance

NSTV 2013-04-12

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IT major Infosys has dropped down 15% to Rs 2,479 in opening deals after the company said its consolidated revenues are expected to grow between 6-10%, a much below than Nasscom’s 12-14% industry growth expectations for the current fiscal 2013-14 (FY13-14).

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