Infosys Q2 Preview

In the past three months, post June quarter (Q1FY20) results, Infosys has outperformed the market by surging 13 per cent.

Infosys, in its June quarter results announcement, had revised its FY20 revenue guidance to 8.5-10 per cent year-on-year (YoY) in constant currency (CC) terms

At the bourses, Infosys has surged 33 per cent on year-to-date (YTD) basis, as against S&P BSE Sensex's 2 per cent rise.

Infosys will likely cut CC revenue growth guidance for FY18 to 6-7% from 6.5-8.5% announced earlier, said Kotak Institutional Equities