Infosys stocks: Buy Infosys, target price Rs 1720: JM Financial

has buy call on Infosys with a target price of Rs 1720. The current market price of . is Rs 1597.3. Time period given by analyst is one year when Ltd. price can reach defined target.

Infosys Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 674355.37 Crore) operating in IT Software sector.

Infosys Ltd. key Products/Revenue Segments include Software Development Charges and Software Products for the year ending 31-Mar-2022.

Smart Talk


For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 35146.00 Crore, up 6.78 % from last quarter Total Income of Rs 32913.00 Crore and up 23.24 % from last year same quarter Total Income of Rs 28518.00 Crore. Company reported net profit after tax of Rs 5362.00 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 13.11 per cent stake in the company as of 30-Jun-2022, while FIIs owned 31.72 per cent, DIIs 18.87 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

Source link

Leave a Reply

Your email address will not be published.

Back to top button