One of my favorite things to do is to revisit Infosys' growth trajectory once every 2-3 years :). Don't ask me why, but having seen how Infy operates during my stint at Pramati I always felt that Infy's HR driven model will hit a ceiling at some time or the other.
My first look at Infy's prospects goes back to January 2007. My argument was that Infy seems to only grow by adding more professionals to its workforce and at some point it will have to break up its businesses.
My second look was in October 2008 and I have updated my table after 3.5 years :