1562.7000 -22.90 (-1.44%)
NSE May 30, 2025 15:31 PM
Volume: 13.1M
 

logo
Infosys Ltd.
28 Aug 2017
1562.70
-1.44%
IDBI Capital
We believe that Mr Nadan Nilekani joining Infosys (INFO) board as non-executive Chairman on Thursday is a great move amid Dr. Vishal Sikka's stepping down as MD & CEO just a week earlier. We did not expect such a move to happen so fast. At the investor con-call, Mr Nilekani clearly mentioned that his top priority is to make INFO the enterprise of future and restore the company on the growth path with consensus of all stakeholders. We believe that the worst is over for INFO and upgrade it to ACCUMULATE from HOLD with new TP of Rs988 based on 14x FY19E (13x earlier) and factor the impact...
Infosys Ltd. has an average target of 1684.64 from 11 brokers.
More from Infosys Ltd.
Recommended