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Infosys Q3FY21: Will IT major raise FY21 guidance?
Coming on the back of a quarter that saw strong deal closures, analysts expect Infosys to revise upwards its constant currency revenue guidance for FY21
Rukmini Rao | January 12, 2021 | Updated 20:21 IST
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After a stellar set of numbers by Tata Consultancy Services, the similar performance is expected from Infosys. The Bengaluru-based IT major is all set to announce its third quarter numbers on Wednesday. Coming on the back of a quarter that saw strong deal closures, analysts expect Infosys to revise upwards its constant currency revenue guidance for FY21.
Nomura in its note dated January 4 expects the company to post a revenue growth of 3.4 per cent in dollar terms and around 3.1 per cent in constant currency terms for the third quarter largely led by a ramp-up in Vanguard which the company announced in (second quarter) July 2020, and revenues flowing in from its acquisition including Kale ....

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