Infosys under Sikka: Stock races ahead of peers, deal wins gather pace

Though its financial performance has improved, growth in new segments needs to accelerate

Amid Infosys founders’ concerns over corporate governance and the salary of Vishal Sikka, the CEO, a look at the company’s performance ever since Sikka took charge on August 1, 2014, throws up interesting insights. Infosys’ stock price has ticked up 7.5 per cent since August 2014, outpacing peers such as Tata Consultancy Services (TCS) and Wipro. Stocks of these companies have fallen 4.1 per cent and 17 per cent, respectively, in this period. Continued improvement in deal wins and relatively more positive commentary from Infosys management are reasons behind this outperformance. On the other hand, larger peer TCS’ revenue growth