Time period given by analyst is Intra Day when Infosys Ltd. price can reach defined target.
Infosys Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 748656.78 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-2021.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 30126.00 Crore, up 5.64 % from last quarter Total Income of Rs 28518.00 Crore and up 19.83 % from last year same quarter Total Income of Rs 25140.00 Crore. Company reported net profit after tax of Rs 5428.00 Crore in latest quarter.
Investment Rationale
Consolidation breakout of last 14 trading sessions with buying interest in entire IT sector
Promoter/FII Holdings
Promoters held 13.12 per cent stake in the company as of 30-Sep-2021, while FIIs owned 33.46 per cent, DIIs 15.65 per cent.
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