ICICI Securities maintains Hold on Infosys; lowers target price to Rs 1,470
ICICI Securities has maintained Hold call on Infosys with a target price of Rs 1470 (Rs 1,570 earlier). The current market price of Infosys is Rs 1426. Infosys, incorporated in 1981, is a Large Cap company with a market cap of Rs 591175.52 crore, operating in IT Software sector.
Infosys’ key products/revenue segments include Software Products and Software Development Charges for the year ending 31-Mar-2024.
Financials
For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 42115.00 crore, down -1.19% from last quarter Total Income of Rs 42623.00 crore and up 3.60% from last year same quarter Total Income of Rs 40652 crore. The company has reported net profit after tax of Rs 7,038 crore in the…
