Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
718.25
Change Change %
12.95 1.84%

Updated:24 Sep, 2018, 15:59 PM IST

BSE
717.30
Change Change %
11.00 1.56%

Updated:24 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nirmal Bang
N/A
18-04-2016 Sell 1236.45 1010.00
N/A
Target Hit Long (1Y)
18-04-2017

Nirmal Bang Securities retains sell on Infosys

Infosys deserves to get back its bellwether status. It is the only company that witnessed a revenue upgrade cycle in FY16, while most others have seen the reverse. But, IT sector revenue growth and price earnings multiple are likely to contract as US economy weakens in 2016 and 2017.

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