Infosys shares rally 5% as brokerages hike target price after Q1 results. Should you buy, sell or hold?

Infosys shares surged 5% to a record high of Rs 1,843 on BSE following a 7% YoY increase in consolidated Profit After Tax (PAT) to Rs 6,368 crore for Q1 FY25. Brokerages raised the stock's target price in response. The results surpassed expectations, driven by revenue of Rs 39,315 crore, up 3.6% YoY.