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Would you say the biggest takeaway from the
Infosys numbers was that highest ever deal value of $7.1 billion? Do you believe that the outperformance of Infosys versus the IT index is likely to continue?
Across the IT pack not only Infosys but also TCS and Wipro we have had blockbuster numbers. In the last five years, we have seen the seats change. There has always been a tug of war between Infosys and TCS for the top position in terms of consistent delivery of numbers on the margin front and constant currency growth.
What we have seen across this sector in this quarter and also the last couple of quarters is that IT has come back to the fore. The world is shifting towards information, technology and digital revolution and Infosys is deriving 45-50% of revenue out of its digital business now. That augurs extremely well plus margins of these companies have been expanding and the deal pipelines and the management commentary as well as their body language have been extremely con