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Business / Sun, 14 Apr 2024 ET Now

Infosys Share Price Target 2024: Infy Q4 2024 quarterly results date closer - Buy, Sell or Hold?

(Image: istock/ET Now News)Infosys Share Price Target 2024 : Infy Q4 2024 quarterly results: India's second-largest Indian IT company, Infosys, is all set to announce it quarterly results or Q4 Results 2024. Infosys has informed the bourses that its Board will meet on April 17 and 18 to approve and take on record the audited consolidated financial results for the fourth quarter and financial year 2023-24. Infosys Share Price Target 2024Brokerage firm JM Financial Institutional Securities Limited has assigned a hold rating to the company's stock. At the CMP of Rs 1,507, the brokerage has assigned the price target for Infosys stock at Rs 1,570. Infosys Limited Share Price HistoryInfosys Limited commands a market cap of Rs 6,16,424.57 crore on the BSE.

Authored by : ET Now Digital Updated Apr 14, 2024 | 04:07 PM IST Shares of Infosys Limited were quoted at 52-week high of Rs 1,731 on the BSE on February 6, 2024, while they were seen at the 52-week low of Rs 1,215.45 on April 25, 2023. (Image: istock/ET Now News)

Infosys Share Price Target 2024 : Infy Q4 2024 quarterly results: India's second-largest Indian IT company, Infosys, is all set to announce it quarterly results or Q4 Results 2024. Infosys has informed the bourses that its Board will meet on April 17 and 18 to approve and take on record the audited consolidated financial results for the fourth quarter and financial year 2023-24.

Domestic brokerage firm Axis Securities expects the IT giant to report slight revenue growth of 0.3 per cent QoQ. According to Axis Securities, Infosys could report a PAT of Rs 6,218 crore in Q4 FY24, up 1.5 per cent YoY and 1.8 per cent QoQ. The revenue in the quarter under review, as per the brokerage, is likely seen at Rs 38,945 crore, up 4 per cent YoY and 0.3 per cent QoQ.

Infosys Share Price Target 2024

Brokerage firm JM Financial Institutional Securities Limited has assigned a hold rating to the company's stock. At the CMP of Rs 1,507, the brokerage has assigned the price target for Infosys stock at Rs 1,570.

Infosys Limited Share Price History

Infosys Limited commands a market cap of Rs 6,16,424.57 crore on the BSE. The company is a constituent of the S&P BSE Sensex index. As per the BSE analytics, Infosys stock has advanced 0.38 per cent in the last one week, while it dropped 0.92 per cent in the last two weeks, 7.89 per cent in last one month and 7.89 per cent in the last three months.

Shares of Infosys Limited has offered a return of 1.40 per cent in the last six months and nearly 4 per cent in the last one year, as per the BSE data.

Shares of Infosys Limited jumped 4.16 per cent in the last three years, 98.58 per cent in the last five years and 267.15 per cent in the last ten years, as per the BSE data.

Shares of Infosys Limited were quoted at 52-week high of Rs 1,731 on the BSE on February 6, 2024, while they were seen at the 52-week low of Rs 1,215.45 on April 25, 2023.

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(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

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