Moody's assigns ‘A3’ rating with stable outlook to Infosys

03 Oct 2018

Infosys has been assigned A3 local-currency senior unsecured credit rating with a Stable Outlook by Moody’s Investor Service (Moody’s), the well-known global rating agency.

Moody’s stated that its rating is based on company’s status as one of the world’s leading information technology (IT) consulting and services companies, with diversified operations across multiple business segments and geographies, industry-leading profitability and a solid balance sheet. The stable outlook on the company’s ratings takes into account solid liquidity, a debt-free balance sheet, strong operating metrics, a robust business model and Moody’s expectation that its competitive strength will be retained.

Infosys is a global leader in technology services and consulting. The company enables clients in 45 countries to create and execute strategies for their digital transformation.

Related Infosys Ltd. Links:

Infosys Share Price

713.10 7.55 (1.07%) Nov 19, 15:13
1 Year Price Chart
Peers
Company Name CMP
TCS 2110.10
Infosys 713.10
HCL Tech. 1135.65
Wipro 249.85
Tech Mahindra 762.85
View more..
Sensex vs Infosys
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback

8055769463

8055769463