Buy Infosys, target price Rs 1600: Motilal Oswal

0
5
Buy Infosys, target price Rs 1600:  Motilal Oswal


Motilal Oswal has buy call on with a target price of Rs 1600. The current market price of Infosys Ltd. is Rs 1298.

Infosys Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 548507.13 Crore) operating in IT Software sector.

Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 26538.00 Crore, up 5.56 % from last quarter Total Income of Rs 25140.00 Crore and up 10.95 % from last year same quarter Total Income of Rs 23919.00 Crore. Company reported net profit after tax of Rs 5215.00 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 13.2 per cent stake in the company as of June 30, 2020, while FIIs held 30.5 per cent, DIIs 25.4 per cent and public and others 31 per cent.





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here