Buy Infosys, target Rs 990: Chandan Taparia
Buy Infosys at a price target of Rs 990 and a stop loss at Rs 945 from entry point.
By ETMarkets.com |
Chandan Taparia of Motilal Oswal Securities has a buy call on Infosys with a target price of Rs 990.
The current market price of Infosys is Rs 966.
Time period given by the analyst is intraday when Infosys price can reach defined target.
Chandan Taparia recommended to keep a stop loss at Rs 945.
Infosys, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 2,18,661.82 Crore) operating in Information Technology sector.
Infosys key Products/Revenue Segments include Software Development Charges which contributed Rs 59,257 Crore to Sales Value (99.94 per cent of Total Sales) and Software Products which contributed Rs 32.00 Crore to Sales Value (0.05 per cent of Total Sales)for the year ending 31-Mar-2017.
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.
Company has BSR & Co. LLP as its auditors.
As on 30-09-2017, the company has a total of 2,296,988,452 shares outstanding.
The current market price of Infosys is Rs 966.
Time period given by the analyst is intraday when Infosys price can reach defined target.
Chandan Taparia recommended to keep a stop loss at Rs 945.
Infosys, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 2,18,661.82 Crore) operating in Information Technology sector.
Infosys key Products/Revenue Segments include Software Development Charges which contributed Rs 59,257 Crore to Sales Value (99.94 per cent of Total Sales) and Software Products which contributed Rs 32.00 Crore to Sales Value (0.05 per cent of Total Sales)for the year ending 31-Mar-2017.
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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.
Company has BSR & Co. LLP as its auditors.
As on 30-09-2017, the company has a total of 2,296,988,452 shares outstanding.
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