If you are looking for “Infosys share price targets” for upcoming years, you are in the right place. Before we dive into Infosys Ltd. stock price targets, Let’s understand the Infosys company background, technical fundamentals etc.
About Infosys Ltd.
Infosys Limited is a leading Indian multinational information technology (IT) services, consulting and business solutions company. It provides a wide range of IT services to clients across various industries and is known for its focus on digital transformation and innovation.
Fundamentals of Infosys Ltd.
Let’s look at the fundamentals of Infosys, based on which we can get a clear understanding of the expertise in the IT – Software sector.
- Current Market Cap: The current market cap of Infosys as of 2/13/2023, is ₹ 6,66,973.86
- P/E Ratio: The current price-to-earning ratio of Infosys is 29.59
- Sales Growth: Sales growth in last 1 year for Infosys is 21.07 %
- Profit Growth: Profit growth is around 14.02 % in last 1 year
Infosys Ltd. Share Price Target Details
We have done a complete analysis of Infosys and have come up with its share price targets for upcoming years.
Infosys’s Current Share Price is ₹1,608
Note: These price targets of “Infosys” are only for reference purposes. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.
| Year | Infosys Share Price Targets (₹) |
|---|---|
2023 | 1918 |
2024 | 2073 |
2025 | 2228 |
2026 | 2383 |
2027 | 2538 |
2028 | 2693 |
2029 | 2848 |
2030 | 3003 |
Infosys share price target 2023
After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of Paytm we found
The target share price of Infosys for the year 2023 will be ₹1918
Infosys share price target 2024
The target share price of Infosys for the year 2024 will be ₹2073
Infosys share price target 2025
The target share price of Infosys for the year 2025 will be ₹2228
Infosys share price target 2026
The target price of Infosys for the year 2026 will be ₹2383
Infosys share price target 2027 to 2030
The target share price of Infosys for the years 2027, 2028, 2029, and 2030 will be ₹2538, ₹2693, ₹2848, and ₹3003 respectively.
Based on the data extracted from the provided link, here’s a formal technical analysis of Infosys Ltd’s recent price movements:
Technical Stock Analysis on Infosys Ltd
Infosys Ltd’s current stock price is ₹1,497.
52-week High and Low:
- 52-week High: ₹1,673
- 52-week Low: ₹1,185
Potential Bullish Targets:
To determine the bullish targets, we can use the concept of price differences and technical indicators. However, without access to specific technical indicators like Fibonacci retracements, moving averages, or trend lines, we can only provide a basic estimate based on price differences:
a. Initial Target: ₹1,585 (Midway between current price and 52-week high)
b. Intermediate Target: ₹1,630 (Approximately 75% towards the 52-week high from the current price)
c. Advanced Target: ₹1,673 (Matching the 52-week high)
Potential Bearish Targets:
Similarly, for bearish targets:
a. Initial Target: ₹1,341 (Midway between current price and 52-week low)
b. Intermediate Target: ₹1,241 (Approximately 75% towards the 52-week low from the current price)
c. Advanced Target: ₹1,185 (Matching the 52-week low)
Table Representation of Quarterly Results:
| Quarter | Sales (in Rs. Crores) | Net Profit (in Rs. Crores) |
|---|---|---|
| Jun 2020 | 23,665 | 4,272 |
| Sep 2020 | 24,570 | 4,858 |
| Dec 2020 | 25,927 | 5,215 |
| Mar 2021 | 26,311 | 5,078 |
| Jun 2021 | 27,896 | 5,201 |
| Sep 2021 | 29,602 | 5,428 |
| Dec 2021 | 31,867 | 5,822 |
| Mar 2022 | 32,276 | 5,695 |
| Jun 2022 | 34,470 | 5,362 |
| Sep 2022 | 36,538 | 6,026 |
| Dec 2022 | 38,318 | 6,586 |
| Mar 2023 | 37,441 | 6,134 |
| Jun 2023 | 37,933 | 5,945 |
This table provides a snapshot of Infosys Ltd’s sales and net profit over the recent quarters. The company has shown consistent growth in both sales and net profit, indicating a positive trend.
In conclusion, Infosys Ltd’s performance metrics and growth trajectory indicate a promising future for the company. Investors and stakeholders can remain optimistic about its prospects, but as always, it’s essential to stay updated with the latest financial reports and market trends.
Conclusion
Infosys Ltd has shown a robust performance with a current stock price of ₹1,497, nearing its 52-week high of ₹1,673. The company’s market capitalization stands at a whopping ₹6,21,126 Cr., making it the 2nd largest IT company in India. With a strong return on equity (ROE) of 31.8% and a healthy dividend yield of 2.27%, the company’s financial metrics are impressive.
