BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Religare maintains buy on Infosys
Infosys guided for US dollar revenue growth of 11.8-13.8 per cent, implying a solid compound quarterly growth rate of 3.3-4 per cent for FY17. A strong guidance and industry-leading growth should continue to support Infosys' premium valuations. Target price raised to Rs 1,330 from Rs 1,300 earlier.