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Will Infosys surprise D-Street with a buyback today?

Here is what leading research houses expect from Infosys' Q4FY17 numbers later in the day today

Infosys
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R Seshasayee, Chairman of Board, Infosys and Infosys CEO, Vishal Sikka addresses a press conference in Mumbai (Photo: Suryakant Niwate)

Puneet Wadhwa New Delhi
The fourth quarter results season for financial year 2016-2017 (Q4FY17) kicks off this week, with Infosys set to announce its numbers today. It has been a doubble whammy for Infosys that not only has been grappling with a tough business environment, but also had to deal with salary-related conflict between the management and the company’s co-founders.

Also Read: Share buyback and Indian IT firms

Against this backdrop, here’s what leading brokerages and research houses expect from Infosys’ Q4FY17 results:

JEFFERIES

We expect revenue growth of 1.2% quarter-on-quarter (+0.9% in constant currency (CC), +5.5% YoY). Growth outlook for next year will be