India Inc waiting for first few moves from govt: KV Kamath

In an exclusive conversation with CNBC-TV18's Kritika Saxena on the sidelines of the Forbes India Leadership Awards jury round, Kamath also said that Infosys did not need a turnaround per se. It just needed a faster pace of growth

KV Kamath is riding his hopes on the new government and says that a pick up in the capex and lending cycle will be clearer in the next six-eight weeks. In an exclusive conversation with CNBC-TV18's Kritika Saxena on the sidelines of the Forbes India Leadership Awards jury round, Kamath also said that  Infosys did not need a turnaround per se. It just needed a faster pace of growth. Kamath is the non executive chairman of Infosys.

Also Read: Vishal Sikka is a 'transformation leader', says KV Kamath

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Infosys stock price

On June 27, 2014, at 14:30 hrs Infosys was quoting at Rs 3220.00, up Rs 30.60, or 0.96 percent. The 52-week high of the share was Rs 3847.20 and the 52-week low was Rs 2392.85.

The company's trailing 12-month (TTM) EPS was at Rs 177.52 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 18.14. The latest book value of the company is Rs 733.03 per share. At current value, the price-to-book value of the company is 4.39.

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