Reuters Market Eye - Infosys Ltd(INFY.NS) is trading at a 36 percent discount to its 10-year median P/E, the widest gap among large cap Indian technology stocks, according to Thomson Reuters' StarMine estimates.
The discount comes even as fiscal 2013/14 earnings growth projections across the four stocks profiled are around 5-6 percent as per StarMine estimates.
Infosys is due to post Oct-Dec results on Friday after issuing a series of disappointing growth targets last year.
Infosys shares fell 16.2 percent in 2012 underperforming peer Tata Consultancy Services (TCS.NS) which rose 8.2 percent in the same period.
Link to graphics link.reuters.com/waw94t
Trending On Reuters
The government will not yield to the demand of foreign portfolio investors for a tax waiver on capital gains of previous years, a top finance ministry official told reporters on Tuesday. Full Article