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News: CRISIL has reaffirmed its 'CRISIL AAA/Stable/CRISIL A1+' ratings on the long-term debt program and commercial paper program of Infosys Ltd. This rating reflects strong market position, healthy operating efficiency and strong financial risk profile & liquidity. These strengths are partially offset by intense competition in the global IT industry.
View: Infosys is well-positioned for continued growth and profitability supported by its strong market position, $17.7 billion in secured deals in FY24 and focus on digital services & automation. CRISIL's stable outlook reaffirms confidence in the company's ability to navigate current industry challenges and maintain its financial health in the medium term
Impact: Positive