Buy Infosys, target Rs 1,165: Dr CK Narayan

Buy Infosys Ltd. at a price target of Rs 1165.0 and a stop loss at Rs 1130 from entry point.

Dr CK Narayan of Chart Advise has a buy call on Infosys with a target price of Rs 1,165.

The current market price of Infosys is Rs 1,141.70.

Time period given by the analyst is 'Intra Day' when Infosys price can reach defined target.

Dr CK Narayan recommended to keep a stop loss at Rs 1,130.

Infosys, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 2,49,341.55 Crore) operating in Information Technology sector.

The company’s top management includes Dr.Punita Kumar Sinha, Mr.D N Prahlad, Mr.D Sundaram, Mr.Nandan Nilekani, Mr.U B Pravin Rao, Ms.Kiran Mazumdar Shaw, Ms.Roopa Kudva.
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Company has BSR & Co. LLP as its auditors.

As on 31-12-2017, the company has a total of 2,183,949,789 shares outstanding.
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