Infosys Raises Full-Year Sales Forecast After Contract Wins
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Infosys Ltd. raised its full-year sales growth forecast as India’s second-largest outsourcing company won more information technology contracts. Shares surged the most in 2 1/2 years.
Sales in the 12 months started April 1 will climb 7.2 percent to 9.2 percent in U.S. dollar terms, Infosys said Tuesday. That compares with an April forecast for growth of 6.2 percent to 8.2 percent.