Considering these, while there might be a lot of buzz following Infosys results given the beat in revenue/earnings and increase in guidance, digging through the details, there is not much to get excited about. Management guidance apart, marginal reduction in headcount during the quarter (0.5 per cent), continuing weakness in North America (year-on-year CC revenue declined 1.2 per cent) imply a swift turnaround is unlikely. Further possibility of US recession, means investors must seek value before buying stocks like Infosys.