Infosys share price: Buy Infosys, target price Rs 1443: ICICI Direct

ICICI Direct has buy call on with a target price of Rs 1443. The current market price of Infosys Ltd. is Rs 1415. 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 603842.16 Crore) operating in IT Software sector.

Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 26856.00 Crore, up 1.20 % from last quarter Total Income of Rs 26538.00 Crore and up 12.46 % from last year same quarter Total Income of Rs 23881.00 Crore. Company has reported net profit after tax of Rs 5078.00 Crore in latest quarter.

Investment Rationale
Price resumes uptrend after consolidating above 34 day EMA


Promoter/FII Holdings
Promoters held 13 per cent stake in the company as of Dec 30, 2020, while FIIs held 32.6 per cent, DIIs 23.8 per cent and public and others 30.7 per cent.



(Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)

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