From the last 2 to 3 years there has been a slowdown seen in almost all the countries as a result a lot of sectors brutally affected. The IT sector is one of those sectors that was struggling a lot as a result many steps were taken to maintain the profit and revenue of the tech companies. If you also invested in IT companies then you should know the prediction of Infosys share price target for 2024, 2025, and 2026.
As of now, AI ChatBots like ChatGPT, Google Gemini, etc. are used at a very high level which can also impact a little bit on IT companies too in the future as AI is becoming more advanced. In this case, as of now tools like ChatGPT are not very powerful but in future the can be. As a result, many simple tasks can be automated using AI for cost-cutting.
Infosys is one of the largest companies in the IT sector in India. As of 13 Feb 2024, the Infosys share price is trading approx 15% below its all-time high. As of now, the Infosys stock is very bullish, and most probably we may see a new all-time high in the stock in 2024.
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About Infosys
Infosys is one of the largest IT sector companies in India and ranks at No. 3 in IT services in the world. The company was founded in 1981 and as of now its managing director is Mr. Salil Parekh.
Infosys Ltd provides services to also all the industries that need technology for the work. Some industries are Aerospace, Defence, Agriculture, Chemical Manufacturing, Education, Healthcare, financial services, Insurance, Public sector, Mining, Retail and many more.
Infosys provides many services like Digital Marketing, Digital Commerce, Digital Interactions, Digital Workspace Services, Infosys Topaz, Data Analytics, AI, Blockchain, Engineering, Internet of Things, Cloud, SAP, Digital Supply Chain, Digital Process Automation, Cyber Security, Application Development, Consulting Services, etc.
Infosys has a lot of subsidiary companies in many countries. Their maximum income comes from international projects by providing their services. We strongly recommend that you visit their website to see complete info and their business details.
Company Fundamentals
From the fundamentals, you can know about the company in detail like the strength of the company, the right value of the company, the position of company among the all companies of the same sector, financial statements, growth of the company, and many more.
Most probably you are a retail investor, It is highly recommended to do a fundamental analysis by yourself of the stocks in which you are investing or already invested. In case, you know how to do a fundamental analysis of companies you can learn it from the Internet.
Note: The fundamentals of the Infosys company were last updated on 13 Feb 2024. Check the latest information on any broker website or screener.
Profit & Loss (Yearly)
| Year | Profit & Loss (In Crore) |
|---|---|
| March 2019 | ₹15,410 |
| March 2020 | ₹16,639 |
| March 2021 | ₹19,423 |
| March 2022 | ₹22,146 |
| March 2023 | ₹24,108 |
Profit & Loss (Quarterly)
| Quarter | Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | ₹6,586 |
| Mar 2023 | ₹6,134 |
| Jun 2023 | ₹5,945 |
| Sep 2023 | ₹6,215 |
| Dec 2023 | ₹6,113 |
Company Fundamentals
| Market Cap | ₹6,97,192Cr | ROE | 30.79% |
| P/E Ratio (TTM) | 28.58 | EPS (TTM) | 58.77 |
| P/B Ratio | 9.95 | Div Yield | 2.02% |
| Industry P/E | 31.83 | Book Value | 168.80 |
| Debt to Equity | 0.11 | Face Value | 5 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 33.44% | 33.60% | 33.70% |
| DIIs | 33.59% | 35.19% | 35.51% |
| Public | 15.67% | 15.83% | 15.52% |
| Promoters | 14.94% | 14.89& | 14.78% |
| Other Holders | 0.32% | 0.31% | 0.0 % |
Pros and Cons
- Infosys is one of the leading companies in the IT sector. So, for the low-risk investments in the IT sector, the stock can be very good.
- On the Infosys Limited compnay, there is a DEBT of Rs. 8,744 Crore which is very low for this type of compnay.
- The company has a cash of Rs. 6,534 Crore.
- The ROE of the compnay is at an excellent point i.e. 34.33%.
Quarterly Results
The net profit of the Infosys Limited company of the last 5 quarters are very close to each other. In the recent quarter Dec 2023, the net profit of the compnay was Rs. 6,113 Crore.
Thumb Rules for Investing
Just by doing fundamental analysis, anyone cannot book maximum returns on the stocks. Based on the investors’ experiences a few basic rules become the t rules for investing. In short, most retail investors or newbie investors make the below mistake as a result they do not get the maximum return on their investing.
These rules apply to the maximum sectors’ stocks. If you are new in the market or don’t have enough knowledge you should follow the rules to make your self psychology strong.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case you invested all the money in one sector, if the sector faces any issue, you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh the invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they do not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
Infosys Share Price Target
As of now, Infosys is trading near Rs. 1685 and is down by approx 15% from its all-time high. According to the investing rules the price can be good for investing in the stock. Always keep in mind that at the current time, there are many fluctuations in the IT sector. So, investing in the SIP mode can give a higher return with less risk.
The Infosys Limited company is almost Debt-free and has 6,534 Cr. of cash. The PE Ratio and the Industry PE are close to each other suggesting all the IT sector stocks are at the same levels.
In the recent quarter of Dec 2023, Infosys Ltd. showed a net profit of Rs. 6,113 Crore which is slightly lower than the net profit of the last quarter. The profits of the company increase slowly in each quarter.
As you can see in the above Infosys fundamentals information there are no problems in the fundamentals of the stock and there are a lot of positive things in the stock’s fundamentals like good revenue growth, good profit growth, good PE, almost DEBT free, ROE at 30.60 which a very good, and many more positive things about the stock.
Disclaimer: We are not SEBI registered and the below-given share target price by brokerage firms, analysts (share price forecast), and analysis by us is only for educational purposes, not any buying or selling recommendation. We will be not responsible for any profit and loss.
Infosys share price target 2024
For short-term trading, the stock is looking neutral and as per the technical analysis, the stock seems in the no-buying zone because there are no bullish or bearish patterns formed.
In November and December month of 2023, the stock went up to 16% very quickly because in the months the Indian stock market also made its all-time high.
In a few words, for now, there are no targets in the Infosys Limited stock in the short term. Once anything shows in the stock’s chart pattern then we will update the target with reason or logic behind it.
Infosys share price target 2025
As we know, most revenue of the Infosys Limited compnay comes from countries like the USA, UK, etc. In these countries, the inflation rate is very high. So, the USA-based tech companies focus on the cost-cutting.
According to the news, in 2024 most probably the USA may cut down interest rates 2 – 3 times. Once the interest rates are down, then the USA-based tech companies will start making a profit.
Once, the USA tech companies get profits then the profit or revenue of the IT companies of India will increase. So, no doubt the share price of the Infosys will also go up or may reach a new all-time high.
Infosys share price target 2026
Most probably the infraction rates will be at normal level in the 1 to 2 year. It is hard to say as of now because each new decision is taken based on the latest data.
If you are planning to invest in Infosys Limited for the long term, then you can invest because in the next 2 to 3 years most probably the stock will give a good return.
The Infosys share price is down because of the problems in the world like war, inflation rate high, etc. Once these problems are solved or come to a lower level then you can see a 15% to 30% target in the stock from this level.
FAQs
As of Feb 2024, the Infosys stock is trading near Rs. 1685 which is down approximately 15% from its all-time high. It can be a good buying but in SIP it will be better for good returns. According to some experts, the correction in the stock can happen a little bit.
If the stock is good according to your risk profile then you can invest in the stock as the stock is fundamentally very strong but a few news and events affect the Infosys and IT sector stock prices. In short, this stock is good for long-term investing.
In 2026, we can see a good move in the stock as of now the stock is a lot corrected and most probably the tech companies’ issue will be solved in the future. In 2026, we can see the target of Rs. 2500.
Final Words: Infosys is a fundamentally good stock and as of now there are no issues in the stock. It is one of the target IT sector companies in the wind and ranks at no. 3 in the world. Currently, the stock is also available at a very high discount which is good for long-term investing or biting more. In short, in the future, we can see a big target in the Infosys share price.
Thanks for keeping us updated.