Infosys back in the good books of analysts

After months of turmoil, Infosys is back in the good books of analysts based on better visibility in terms of growth and stable margins, which were big pain points earlier.

Analysts at HDFC Securities, in a note to its investors, said there has been a greater focus on large deals, recovery in the top 25 and large account mining and the completion of accelerated investment phase. This is in spite of the recent whistleblower complaints that hit the Infosys management.

Analysts said Infosys has sharpened focus to increase its share within large accounts supported by the hiring of deal directors and increased engagement with deal advisers and consultants. The IT major is also chasing large public sector deals in the APAC and European region. Its partnership with Temasek and with Hitachi, Panasonic and Pasona in Japan are creating larger deal opportunities for the company in the APAC region.