What Infosys and HDFC Bank Results Don't Tell YouEven a genius mathematician had once been a victim of such market volatility.
Infosys and HDFC Bank ResultsHere’s an extract…
Tanushree on these two stocks going forward. Here’s an extract…
Infosys failed to meet its own guidance, despite a reasonable earnings growth at 15.4% for the year. Analysts tracking quarterly numbers were disappointed. And the stock was taken to the cleaners.
What the results did not say was that such earnings volatility has been a part of Infosys’ track record for decades.
And the sharp correction in the PE multiples have been a great opportunity to accumulate the stock. But only if investors have a long-term perspective.
Similar is the case with HDFC Bank.
Read on to know more…
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