Hold Infosys; target of Rs 1573: Geojit Financial ServicesMoneycontrol • about 10 hours ago
Geojit Financial Services recommended hold rating on Infosys with a target price of Rs 1573 in its research report dated April 24, 2024.
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KR Choksey recommended Accumulate rating on Infosys with a target price of Rs 1531 in its research report dated April 22, 2024.
With Accenture reporting $1.1 billion in revenue from generative AI and TCS seeing a $900-million deal pipeline, Infosys and Wipro settled for seeing strong traction in generative AI deals in Q4.
Emkay is bullish on Infosys has recommended buy rating on the stock with a target price of Rs 1750 in its research report dated April 19, 2024.
Sharekhan is bullish on Infosys has recommended buy rating on the stock with a target price of Rs 1700 in its research report dated April 18, 2024.
From long term perspective, one can continue to accumulate Infosys on dips if time horizon is 2 years or more, says Ashish Kyal.
Emkay Global Financial is bullish on Infosys has recommended buy rating on the stock with a target price of Rs 1750 in its research report dated April 19, 2024.
Motilal Oswal is bullish on Infosys recommended buy rating on the stock with a target price of Rs 1650 in its research report dated April 18, 2024.
On April 18, Infosys said its Board recommended a final dividend of Rs 20 per equity share for the financial year ended March 31, 2024 and additionally a special dividend of Rs 8 per equity share
On similar lines, larger rival Tata Consultancy Services had told Moneycontrol that the company has a "greater opportunity" to improve pricing.