With Sikka At Infosys Helm, Not Just Revenue, Share Prices Too Plunged

Infosys CEO Vishal Sikka라이브 바카라 tenure, it seems, has not just been marked by low single digit growth in revenues and net profit. The company has also seen its share price plunge in the months that Sikka has been in the chair.

To Sikka라이브 바카라 advantage, the company라이브 바카라 overall profits and revenue figures have increased, revenue from Rs 50,133 in FY14 to Rs 62,441 representing a 24 per cent increase, and Net profits from Rs 10,648 crore in FY 14 to Rs 13,491 crore in FY 16 showing a 26 per cent increase.

However according to figures from Infosys website, Sikka라이브 바카라 quarterly performance was much below his predecessor CEOs who were all founders, even those of Kris Gopalakrishnan and S. D. Shibulal whose tenures were not exactly golden years for Infosys.

Now it comes to light that Infosys share price in the market dropped drastically under Sikka라이브 바카라 tenure so far. According to BSE data, Infosys share price was at Rs 3,747.65 in September 2014 or soon after Sikka took over. It went up by 16 per cent to RS 4,359. 25 in November 2104. However after that it has never reached that level and has been constantly falling.

In December 2014, it saw a huge fall of 55 per cent and came down to Rs 1,971.20, rising marginally for the next three months before falling again. In June 2015, the Infosys stock price went down below the Rs 1000 mark to rest at Rs 985.35 for the first time in years. While it remained in the low Rs 1000 level for the next several months in 2015 and 2016, it started falling again since November 2016 when the stock price came down to Rs 975.45 and hitting its lowest level in years in January this year when it tanked to Rs 929.30. In February too, the recovery has been less than marginal and the share price has remained under Rs 1,000 closing at Rs 999.70 on February 17 and recovering slightly to Rs. 1011.70 today.

The stock performance of Infosys is partly due to market forces and external environment and global developments while partly it could be because of Sikka라이브 바카라 performance as CEO and the company라이브 바카라 indifferent quarterly results.

The next few quarters will be crucial for Sikka as the Indian industry gears up to face global challenges including that from the outcome of Brexit which will affect UK market, one of the largest for India and Donald Trump라이브 바카라 H1B policies which is likely to affect Infosys more as over 60 per cent of its revenues today come from the US market. But Sikka has time and the board and the founders confidence as of now which may allow him to bring something out of the hat to make things work better for Infosys in the coming months. The company라이브 바카라 2 lakh employees and investors are eagerly looking forward to that.