He said, "We have seen last year that most of these companies lost between 350-450 basis points of revenue and topline basically because of the movements in currencies. I believe that this is a similar event which is happening in the current year, so a growth which we are projecting in the current year of around 10-12 percent for most of these companies could not fall to around 7-8 percent. And then you find that actually the multiples are not different than what we were talking about earlier. It is around 12-13 times now."
IT companies like Infosys, TCS shares have largest scope in the future of share market. It will definitely gives return on investment to the traders of share market. But investment should take place at right time. Epic Research offers advise at right time.
ReplyDelete