Infosys Share Price Live Updates: Shareholding information
Infosys, one of India’s leading IT companies, has seen some interesting developments in its shareholding pattern. As per filings in the March quarter, Infosys has a 15.35% Mutual Fund (MF) holding and a 34.10% Foreign Institutional Investor (FII) holding. This marks an increase from the previous quarter, with MF holding rising from 14.77% in December to 15.35% in the March quarter, and FII holding increasing from 33.69% in December to 34.10% in the March quarter.
The company’s financial performance has also been noteworthy, with an EPS growth of 11.61% and a revenue growth of 15.22% over the past 3 years. In the trailing twelve months, Infosys has reported a revenue of 1536710.00 crore, slightly higher than the revenue of the most recent fiscal year. Analysts predict a revenue growth of 3.40% and a profit growth of 4.82% in the upcoming quarter.
In terms of return metrics, Infosys showed a Return on Equity (ROE) of 32.08% in the most recent fiscal year and a Return on Investment (ROI) of 28.39%. Consensus estimates suggest that the ROE will be around 28.94% in the current fiscal year and around 30.15% in the upcoming fiscal year.
The analyst consensus rating for Infosys is Buy, with a median price target of ₹1615.0, which is 9.74% higher than the current market price. The lowest target price among analyst estimates is ₹1160.0, while the highest target price is ₹1920.0 for the next 1 year.
Overall, Infosys seems to be on a positive trajectory with strong financial performance and growing investor confidence. Investors and analysts are optimistic about the company’s future prospects, making it a stock to watch in the coming months.
