The Economic Times
English Edition
| E-Paper
Search
+

    Buy Infosys, target price Rs 1600: ICICI Securities

    Synopsis

    Company reported net profit after tax of Rs 5078.00 Crore in latest quarter.

    Reuters
    Promoters held 13 per cent stake in the company as of Dec 30, 2020, while FIIs held 32.6 per cent, DIIs 23.8 per cent and public and others 30.7 per cent.

    INSIGHTS

    Read Stock Insights by ET for a quick analysis

    PEER COMPANIES

    Explore Now
    ICICI Securities has buy call on with a target price of Rs 1600. The current market price of Infosys Ltd. is Rs 1346.5 . Infosys Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 574358.39 Crore) operating in IT Software sector.

    Financials
    For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 26856.00 Crore, up 1.20 % from last quarter Total Income of Rs 26538.00 Crore and up 12.46 % from last year same quarter Total Income of Rs 23881.00 Crore. Company reported net profit after tax of Rs 5078.00 Crore in latest quarter.

    Promoter/FII Holdings
    Promoters held 13 per cent stake in the company as of Dec 30, 2020, while FIIs held 32.6 per cent, DIIs 23.8 per cent and public and others 30.7 per cent.

    (Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Read before you invest. Insights on Infosys Ltd.. Explore Now
    The Economic Times

    Stories you might be interested in