Infosys Stock: Buy Infosys, Target Price Rs 1610: Anand Rathi
Founded in 1981, Infosys Ltd. is a large-cap company (market capitalization of Rs 620429.65 Crore) operating in the IT Software sector.
Infosys Ltd. Primary product/revenue segments include software development costs and software products for the year ended March 31, 2023.
finance
For the quarter ended December 31, 2023, the company reported consolidated total income of Rs 39610.00 Crore, -.04% lower than total income of Rs 39626.00 Crore in the previous quarter and 1.34% higher than total income of Rs 39087.00 in the same quarter last year. no see. Crores. The company reported a net profit after tax of Rs 6113.00 Crore in the latest quarter.
Promoter/FII Holdings
The promoters hold 14.78% stake in the company as on December 31, 2023, followed by FIIs with 33.7% and DIIs with 35.37%.
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