But experts are giving green signal on investing in a stock. It is a popular company stock. Experts feel that this stock can be bet on if it looks for gains this week. Here’s what market experts have to say about tech giant Infosys. Most experts have locked a target limit of Rs 1565 for the stock.
According to a report, 17 out of 44 experts recommend buying this stock, while another 19 recommend buying this stock for a total of 36. Besides, 5 experts say to hold the stock, only 3 experts say to leave the stock.
How is the share price of Infosys?
As expected by experts, Infosys’ share price has been on the uptrend on the first day of the week. Infosys shares were trading at Rs 1,520 at 12 noon today. It was Rs 1,510 at market opening. It is expected that the price of these shares may rise further during the market close. Looking at the data of the last 5 days, it is seen that the share has increased by about 3.5 percent. Infosys share price has reached Rs 1520 from Rs 1468.
On the other hand, the company has proven itself to be a profitable one. In the third quarter of the current financial year, the company’s total revenue increased by 20 percent to Rs 38,318. At the same time, the company expects their revenue to increase by 16 percent for the entire financial year.
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Note: Investing in share market is always risky. So you should invest in stock market with your own decision and expert advice. This report is for information purposes only. Investment responsibility is the investor’s own.