Moneycontrol.com >> Messageboard >> Stocks >> Infosys >> Why would it go up?

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* Unemployement in US going up
* Dollar is gaining strength
* Nasscom expresses 10-14% increae in sales for next 10 years
Then why a PE of 24-25 for IT companies?

11.44 PM Nov 22nd 2009 | Track

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This company is primarily engaged in the manufacturing and sales of footwear
It sells its sports footwear in India under the brand 'Power'
The shoe brand 'Marie Claire' belongs to this company

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