Brokerage reports on Infosys: CITI: They have a neutral view with a target price of Rs 1960. Infosys had a decent Q2 with 3.1% growth […]
Tag: Infosys
SEBI Settles Infosys Insider Trading Case, Drops Charges Against 16 Individuals Due to Lack of Evidence
The Securities and Exchange Board of India (SEBI) has closed its investigation into the Infosys insider trading case, dropping charges against 16 individuals due to […]
Nifty 50 Hits 25,000: Ten Key Stocks Drive 25% Surge, with Bharti Airtel and Reliance Leading the Way
India’s Nifty 50 index reached 25,000 for the first time in 220 sessions since hitting 20,000 on September 11, 2023. The benchmark index surged nearly […]
Infosys Clarifies ₹32,403.46 Crore IGST Demand for 2017-22 Following DGGI Evasion Allegations
Infosys to Settle ₹32,403.46 Crore IGST for 2017-18 to 2021-22 Infosys is required to pay Integrated Goods and Services Tax (IGST) of ₹32,403.46 crore for […]
HDFC Bank Gains Traction: Mutual Funds Invest Rs 13,850 Crore in January, While Shedding Holdings in Infosys, NTPC, Bharti Airtel, and Tata Motors
In January, mutual funds focused on HDFC Bank, acquiring shares worth Rs 13,850 crore following a substantial decline due to disappointing earnings. Mutual funds purchased […]
Brokerage Reports: 18th December 2023
1. HSBC on Autos (2024 outlook): – 2023 had favorable conditions (demand, launches, lower commodity prices, valuation boost). – Unlikely to repeat in 2024, expect […]
Brokerage Reports: 4th January 2024
HSBC’s on Adani Ports: – Target: ₹1,250.– Earlier Target: ₹920.– Recommendation: Buy.– Brokerage Radar: – A favorable Supreme Court verdict is anticipated to simplify further […]
Stock Brokerage Reports Overview: Infosys, TCS, Polycab, Macrotech, HDFC AMC, and India’s OMCs/Oil & Gas Sectors, etc.
• Infosys: 1. INCRED: Upgrades Infosys to Add from Hold, raising target price to ₹1,668 from ₹1,496. 2. Jefferies: Maintains Buy on Infosys, increases target […]