Infosys Q2 preview: Large deal wins to drive revenue growth, say analysts

Edelweiss Securities expects revenue to grow 3.9 per cent QoQ in constant currency terms and 5.4 per cent QoQ in US dollar terms.

Like its peer Tata Consultancy Services (TCS), Infosys, too, is expected to report a strong set of numbers for the quarter ended September 30 of the current fiscal year (Q2FY21), mainly led by the ramp-up of large deal wins. According to Edelweiss Securities, Infosys, being a market leader, will be the key beneficiary of core transformation, higher cloud adoption, and digital adoption. Moreover, the persistent market share loss of key players like Capgemini and Cognizant will also directly benefit Infosys, the brokerage says. The company is expected to unveil its results on Wednesday, October 14.

Shares of Infosys hit a