Infosys Troubled Business Model

Infosys (INFY) disappointed investors and watched the stock sell off on an up market day. Management spent no time explaining markets, costs or any other metric that a business might measure itself by. Local wages rates in various jurisdictions were ignored. Foreign exchange fluctuations or currency alignments were not considered.

Is management asleep as the business model changes? They do not communicate well with shareholders. Transparency seems to be a big problem. How do they create value going forward?

Disclosure: No position in any stocks mentioned in this post.