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.
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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