Infosys Share Price Live Updates: Financial performance
Infosys, a leading IT services company, has shown impressive financial performance over the past three years. The company has reported an EPS growth of 11.61% and a revenue growth of 15.22% during this period. In the trailing twelve months, Infosys reported a revenue of 1536710.00 cr, which is 0.00% higher than the revenue of the most recent fiscal year. Analysts predict a revenue growth of 3.40% and a profit growth of 4.82% in the first quarter, indicating a positive outlook for the company.
Consensus analysts rating is Buy
The consensus analysts rating for Infosys is Buy, with a median price target of ₹1615.0, which is 13.27% higher than the current market price. The lowest target price among analyst estimates is ₹1160.0, while the highest target price is ₹1920.0. These target price estimates are for the next 1 year, suggesting a bullish sentiment among analysts towards Infosys stock.
Stock Peers
Today, Infosys stock has dropped by 1.78% to reach ₹1425.75, in line with the trend seen among its industry counterparts. Other IT companies like Tata Consultancy Services, HCL Technologies, LTI Mindtree, and Tech Mahindra are also experiencing declines. The overall market sentiment is reflected in the Nifty and Sensex indices, which are down by 0.95% and 0.83% respectively.
In conclusion, Infosys continues to demonstrate strong financial performance, with positive growth projections for the future. Despite the current decline in stock price, analysts remain bullish on the company’s prospects, making it a stock to watch in the coming months.