Name: Latest research reports of Infosys Ltd. authored by Deven Choksey and published by - Trendlyne research reports.
Item: Infosys Ltd.
Rating: 5
Author: Deven Choksey

Infosys Ltd.

24 Apr 2026

1154.60

-6.93%

Transitioning from AI Experimentation to Realization

Buy: Infosys Ltd.

Target

Deven Choksey

Infosys’ outlook is defined by its transition toward AI-led value creation and realization-led growth, effectively navigating a volatile macro environment.

Deven Choksey decreased Buy price target of Infosys Ltd. to 1497.0 on 24 Apr, 2026.

LTM Ltd.

24 Apr 2026

4282.30

-5.50%

Productivity gain sharing impact in the base provides better growth momentum for FY27

Hold: LTM Ltd.

Recommendation Target

ICICI Securities Limited

LTM is executing well on: improving large deal wins with six deals over USD 100mn in FY26 and being net beneficiary of winning against competition in deal renewals and good recovery in top technology accounts in Q4 with AI-led productivity gain sharing in the base.

LTM Ltd. has an average target of 6475.90 from 10 brokers.

Infosys Ltd.

24 Apr 2026

1154.60

-6.93%

Competitive intensity increasing due to advancement in AI

Hold: Infosys Ltd.

Target

ICICI Securities Limited

Infosys’ organic growth guidance of 2.2% YoY CC (at mid-point) for FY27 – lower than 2.4% organic growth delivered in FY26 despite strong bookings and better exit rate vs last year is due to: client-specific issues in large European manufacturing client; lower onsite revenue mix; and AI-led compression.

Deven Choksey decreased Buy price target of Infosys Ltd. to 1497.0 on 24 Apr, 2026.

Cipla Ltd.

24 Apr 2026

1295.00

-0.83%

Launches to address concern on US growth; valuation attractive

Buy: Cipla Ltd.

Target

ICICI Securities Limited

Cipla’s recent product approval of gOfev and gVentolin from the USFDA is likely to start allaying concerns arising on its US growth post the discontinuation of Lanreotide, loss of exclusivity in gRevlimid and regulatory issues at key plants in India.

ICICI Securities Limited decreased Buy price target of Cipla Ltd. to 1550.0 on 24 Apr, 2026.

Tata Elxsi Ltd.

24 Apr 2026

4193.00

-0.96%

Navigating Macro Headwinds with AI-First Precision and Margin Resilience

Accumulate: Tata Elxsi Ltd.

Recommendation Target

Deven Choksey

Tata Elxsi’s outlook reflects a pragmatic recalibration in a volatile macroeconomic environment. Management has revised its FY27 growth aspiration to single-digit or high single-digit growth, citing geopolitical dislocation and elongated deal-decision cycles.

Tata Elxsi Ltd. has an average target of 4710.33 from 6 brokers.

Nifty 50

24 Apr 2026

23897.95

-1.14%

BAZAAR PULSE

Nifty 50

invest4Edu

MARKET SNAPSHOT

invest4Edu released a Daily Note report for Nifty 50 on 24 Apr, 2026.

SBI Life Insurance Company Ltd.

23 Apr 2026

1768.90

-3.24%

Steady performance in FY26; positive outlook for FY27

Buy: SBI Life Insurance Company...

Target

Emkay

SBI Life (SBILIFE) delivered a healthy performance in Q4FY26, with industryleading VNB margin at 28.3%, beating consensus’/our estimate of 28%/27.4%, respectively.

SBI Life Insurance Company Ltd. is trading below all available SMAs

Tech Mahindra Ltd.

23 Apr 2026

1358.50

-4.43%

In-line print; FY27 targets maintained

Sell: Tech Mahindra Ltd.

Target

Emkay

TechM posted an in-line operating performance in Q4. Revenue grew 0.9% QoQ to USD1.63bn (up 0.6% CC), a tad ahead of our estimates.

Tech Mahindra Ltd. is trading below all available SMAs

SBI Life Insurance Company Ltd.

23 Apr 2026

1768.90

-3.24%

Steady execution on all metrics; valuations undermine long-term compounding potential

Buy: SBI Life Insurance Company...

Target

ICICI Securities Limited

SBI Life has been able to maintain mid-teen growth with healthy 26–28% VNB margin as per guidance, despite multiple challenges. We believe this is a sound achievement and a further testimony to its resilient business moats.

SBI Life Insurance Company Ltd. is trading at high day volume of 5.3M.

Havells India Ltd.

23 Apr 2026

1238.60

-1.72%

Multiple transitory issues in FY26; price hikes and favourable base to drive growth in FY27

Buy: Havells India Ltd.

Target

ICICI Securities Limited

Transitory issues in FY26 were loss of volumes of summer products due to muted summer and prolonged monsoon. Changes in BEE norms in RAC and fans and ~40% inflation in copper and aluminium.

Havells India Ltd. is trading below all available SMAs