Stocks

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

Financials

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.

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