BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
HDFC Securities Recommends 'Buy' On Infosys
Infosys has not been underperforming its peers on the front of revenue growth and profitability, but its valuation to peers remains discounted amid the leadership mismatch and concerns around governance, according to HDFC Securities. The current undemanding valuation leaves scope for modest appreciation over the next few quarters, the brokerage adds.