The IT major Infosys Technologies had the results announced yesterday and took everyone by surprise as the stocks on market fell by over 3 percent. The outsourcing firm's rating however was raised by Goldman Sachs to "buy" from "neutral" on Friday as it considered the low price a very attractive point of entry.

The investment bank further went on to add that the correction is a healthy one and will be giving a good return on the risk and thus it would be a great time to enter the stock with a positive outlook.

In 2011, the stock so far has lost 6% making it a very attractive buy for the investors. The stock also registered one of its biggest intraday plunges in the last 20 months as the stock fell by 4.8% over unexpectedly muted earnings.

The estimates of profit were not met and also gave a warning on the sluggish global demand. The main stock exchange however was down by 1.8 percent over inflation worries.

The company however has strong fundamentals and thus will remain in the watch lists of the investors.