infosys target price

Infosys Share Price: Infosys shares tank 15%, hit 52-week low on weak Q4 earnings. Should you buy or sell?

by
Infosys Share Price: Infosys shares tank 15%, hit 52-week low on weak Q4 earnings. Should you buy or sell?

Infosys shares on Monday hit a 52-week low of Rs 1,185.30 on the NSE as the shares of India’s second-largest IT company tanked 15% on below par Q4 earnings. The Bengaluru-based company missed Street estimates and reported an 8% year-on-year (YoY) growth in its net profit at Rs 6,128 crore, while revenue from operations jumped … Read more

What analysts said on Infosys post analyst meet, price targets & more

by
What analysts said on Infosys post analyst meet, price targets & more

in an analyst meet reiterated its FY23 guidance of 13-15 per cent and said demand for IT services is strong and that there is no visible impact of macro headwinds. It talked about five areas of focus namely scaling of cloud business, continued intensity in digital, investments in next generation opportunities, advanced automation and employee … Read more