Infosys Limited

Infosys is one of India's largest IT services companies — think of them as the bridge between Indian tech talent and global corporations needing software, digital transformation, and cloud solutions. They've built a massive empire over 40 years and now serve Fortune 500 companies across banking, retail, healthcare, and more.

The metrics tell a reassuring story: an ROE of 28.8% and ROCE of 37.5% show they're not just big, they're *efficient*. They're making 37-38 paisa of value for every rupee of capital invested — that's the kind of business moat you want. The 17.8x PE isn't a screaming bargain, but it's reasonable for a company with this quality. The real question isn't "is it cheap?" — it's "will they keep executing?" And historically, they have.

Why hold for 5-10 years? India's digitization story is just beginning. Every government office, bank, and retailer needs tech upgrades. Infosys rides that wave. They've got global scale, Indian cost advantage, and a playbook that works. Yes, there will be bumpy quarters. Yes, competition exists. But the structural tailwind is real, and this company has the discipline to capture it.

• ⚠️ Global economic slowdown hurts IT spending — recessions are Infosys's kryptonite
• ⚠️ Rupee strength can crush dollar-denominated earnings when converted back
• ⚠️ Attrition and talent costs rising — keeping good engineers is getting pricey