Karvy Stock Broking Limited has maintained ‘Buy’ rating on Infosys stock
with an intraday target of Rs 1930.
According to Karvy, day traders can purchase the stock between Rs 1880-1888 with a strict stop loss of Rs 1850. If the stock market remains on positive track, the next target for the day will be above Rs 1935.
Shares of the company, on Monday (May 26), closed at Rs 1886.40 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 469652. Current EPS and P/E stood at 78.15 and 24.06 respectively. The share price has seen a 52-week high of Rs 2140 and a low of Rs 1212.2 on BSE.