Bullish on Infosys, have target of above Rs 4,000: Anish Damania

In a chat with ET Now, Anish Damania, Head-Institutional Equities, IDFC Securities, shares his views on Infosys stock. Excerpt:

ET Now: Your analyst has been bullish on Infosys for a long time, what is your call now?

Anish Damania: The stock will continue to perform in the next 6 to 12 month period.

We have a target price of above Rs 4000, so that is something which we are looking at. However, if the market falls, say, 10% then I am not sure whether absolute price targets could be achieved. However, if the market stays where it is right now it should go above Rs 4000 in the next 6 to 12 months.