Infosys could announce a buyback along with its Q2FY23 results: Jefferies

Infosys could also announce a buyback while unveiling its financial performance for the July - September 2022 quarter of fiscal 2022-23 (FY23), said analysts at Jefferies in a result preview note on the sector. However, they have not specified the quantum of the buyback the company could announce. Infosys is scheduled to announce its Q2-FY23 numbers on October 12.

Amidst macro uncertainty, markets' focus will be on management commentary on the demand environment, Jefferies said, while the commentary around deal pipeline, sales cycle, nature of deals