"The acquisition of (Lodestone) will address some of the concerns relating to utilization of excess cash. It is not likely to make any significant difference to the overall financials as the revenues of Lodestone are less than five per cent of Infosys' projected FY13 revenues," Kotak Securities Head of Fundamental Research Dipen Shah said.
The acquisition may take Infosys closer to its goal of offering clients higher value services and consulting.
Infosys share rose over one per cent in intra-day trade, amid a flat broader market. It closed at Rs 2,511 a piece, 0.6 per cent higher than its previous close on the BSE.
The acquisition will also add more than 200 clients across industries, including manufacturing, automotive and life sciences, to the Infosys pool of over 700 clients.
It will add the head-count of Infosys by 850 employees, including 750 experienced SAP consultants.
Acquisition of Lodestone is a small step for Infosys and a great leap for the Indian IT industry as it integrates consulting and IT services, Infosys Chief Financial Officer V Balakrishnan said.

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