Profit

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

NSE
722.75
Change Change %
17.45 2.47%

Updated:24 Sep, 2018, 14:34 PM IST

BSE
721.65
Change Change %
15.35 2.17%

Updated:24 Sep, 2018, 14:31 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nirmal Bang
N/A
14-02-2017 Sell 978.00 926.00
N/A
Target Hit Long (1Y)
14-02-2018

Nirmal Bang maintains sell on Infosys

"Our sell rating is based on the view that the IT sectors revenue growth and P/E multiple are likely to remain compressed in the foreseeable future with earnings growth likely in low single-digits (Indian rupee or INR terms) and erosion of RoIC (return on invested capital)," the brokerage said.

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