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Infosys gains 4% ahead of September quarter results

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

Infosys plans less staff deployment to meet future demands, check attrition
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SI Reporter Mumbai
Shares of Infosys were up 4 per cent at Rs 813 on the BSE in the intra-day deals on Friday ahead of July-September quarter (Q2FY20) results announcement due later in the day.

In the past three months, post June quarter (Q1FY20) results, Infosys has outperformed the market by surging 13 per cent, after the company had raised its FY20 revenue guidance from 7.5-9.5 per cent to 8.5-10 per cent in constant currency (CC) terms. In comparison, the S&P BSE Sensex lost 1.4 per cent during the same period.

Analysts believe the IT major would further revise its guidance