Buy Infosys, target Rs 1285: Jay Thakkar

Jay Thakkar of Anand Rathi has a buy call on Infosys Ltd. with a target price of Rs 1285. The current market price of Infosys Ltd. is Rs 1250.8. Time period given by the analyst is Intra Day when Infosys Ltd. price can reach the defined target. Jay Thakkar recommended to keep stoploss at Rs 1232

Infosys Ltd., incorporated in 1981, is a largecap company with a market cap of Rs 273190.62 crore.
Infosys Ltd. key Products/Revenue Segments include Software Development Charges which contributed Rs 61910.00 Crore to Sales Value (99.94 % of Total Sales) and Software Products which contributed Rs 31.00 Crore to Sales Value (0.05 % of Total Sales)for the year ending 31-Mar-2018.


For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 18083.00 Crore, up 1.62 % from last quarter Sales of Rs 17794.00 Crore and up 5.63 % from last year same quarter Sales of Rs 17120.00 Crore Company has reported net profit after tax of Rs 3690.00 Crore in latest quarter.

The company’s top management includes Dr.Punita Kumar Sinha, Mr.D N Prahlad, Mr.D Sundaram, Mr.Nandan M Nilekani, Mr.Salil Parekh, Mr.U B Pravin Rao, Ms.Kiran Mazumdar Shaw, Ms.Roopa Kudva. Company has Deloitte Haskins & Sells LLP as its auditoRs As on 31-03-2018, the company has a total of 2,184,114,257 shares outstanding.