Outperform rating for Infosys, target price Rs 2,225: BNP Paribas Securities
BNP Paribas Securities rates Infosys as outperform, targeting Rs 2,225. Current price is Rs 1939.1. Digital adoption boosts Infosys' growth despite discretionary demand pressures. Project Maximus aids margin expansion. With expectations modest and valuations reasonable, Infosys is seen benefiting from demand recovery, GenAI and discretionary demand. Promoters hold 14.43% stake while FIIs have 33.28%.
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