At 11:05 am, the stock was trading at Rs 1,171, up 0.8% as compared to 0.4% rise in S&P BSE Sensex. It hit a high and low of Rs 1,175.45 and 1150.20 in intra-day deals today.
On a year-to-date basis, the stock has rallied around 12.84% and has underperformed the Nifty IT index that gained around 13.5% during this period. By comparison, the Nifty50 index slipped around 0.25% YTD.
According to analysts, guidance for FY19, CEO's strategy and long term roadmap for Infosys and deal wins will be key monitorables in the Q4 results.
"Revenues expected to grow 1.4% q-o-q in CC terms, aided 100 basis points (bps) by currency movement (USD growth 2.4% q-o-q). EBITDA margin expected to rise 30bps q-o-q due to absence of wage hikes and operational efficiencies negating marginal impacts of ramping of US workforce and rupee appreciation," said Edelweiss Reasearch in a note.
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