Buy Infosys, target price Rs 2,200: Motilal Oswal Financial Services
buy call on Infosys with a target price of Rs 2,200. The current market price of Infosys Ltd. is Rs 1912.7. Infosys., incorporated in 1981, is a largecap company with a market cap of Rs 817184.02 crore, operating in IT Software sector.
Infosys Ltd. key products/revenue segments include software products and software development charges for the year ending 31-Mar-2024.
Financials For the quarter ended 30-09-2024, the company has reported a consolidated total income of Rs 41,698 crore, up 3.85% from last quarter. Total income is Rs 40153.00 crore, up 5.23 % from last year same quarter's total income of Rs 39626.00 crore. The company has reported a net profit after tax of Rs 6516 crore in the latest quarter.
The company?s top management includes Mr.Nandan M Nilekani, Ms.Helene Auriol Potier, Mr.Bobby Parikh, Ms.Chitra Nayak, Mr.Govind Iyer, Mr.Michael Gibbs, Mr.D Sundaram, Mr.Salil Parekh, Mr.Nandan M Nilekani, Mr.Nitin Paranjpe, Ms.Helene Auriol Potier, Mr.Bobby Parikh, Ms.Chitra Nayak, Mr.Govind Iyer, Mr.Michael Gibbs, Mr.D Sundaram, Mr.Salil Parekh, Mr.Nitin Paranjpe. Company has Deloitte Haskins & Sells LLP as its auditors. As on 30-09-2024, the company has a total of 415 Crore shares outstanding.
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