Long-term investors seeking an exposure to the non-life insurance business, may consider it.
Dividend yield is a ratio of annual dividend and the current stock price.
While liquid assets-to-mcap ratio has shot up for Infy, it is not highest among peers.
High premium and better acceptance ratio make the offer attractive for retail investors.
The offer price of Rs 1,150 is nearly 25 per cent higher than Friday’s closing stock price of Rs 923.
For investors, drastic leadership changes tend to postpone desired returns on investment.
Sikka took over the charge as Infosys CEO and MD on August 1, 2014.
The offer looks lucrative compared to those offered by its peers such as TCS and HCL Tech.
Net profit shot up to Rs 14.7 crore from Rs 2.3 crore in the year-ago quarter.
Momentum in large client accounts is crucial for long-term sustainable growth. Stagnation there indicates slower growth trajectory.
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