308 Mehta and Mehta
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Exhibit 1. Infosys U.S. Stock Data, 1997–2002
% Change
Infosys S & P 500 NASDAQ
Source: Garud, Kumaraswamy, & Malhotra (2003)
Exhibit 2. Infosys’s revenue growth over the years, 1994–2003
9.5
121
413.8
39.6
68.3
545
18.1 26.6
203.4
753.8
0
100
200
300
400
500
600
700
800
900
1000
1994199519961997199819992000200120022003
Fiscal Year ended March 31
(^ $
in millions
)
Revenue
Source: Infosys