MUMBAI: Investors in Infosys have benefited with Vishal Sikka at the helm in the last two years. Since June 2014, when Sikka was appointed chief executive, Infosys has added almost Rs 1 lakh crore in market value with the stock rallying almost 64% in the period. "The company under the leadership of Vishal Sikka has seen major business transformation and this has led to stock re-rating," said Vinay Khattar, associate director and head of research at Edelweiss. "Before Sikka's entry, investors stayed away from the stock amid worries about the company's outlook and succession-linked issues. Analysts attribute Infosys' premium valuations to revenue guidance of 11.5-13.5% for FY17 by the management.
Source: Economic Times June 14, 2016 22:41 UTC