HDFC Securities’ momentum pick; IRB Infrastructure, EID Parry
Here is a look at some of the top recommendations from HDFC Securities –
Irb Infrastructure Developers
Analysts at the HDFC Securities see 7% upside potential in Irb Infrastructure stocks and recommended investors to buy the scrip at an upside target of Rs 34.50, in its brokerage report. “The overall bullish chart pattern of the stock price indicates long trading opportunity. One may look to buy as per the levels mentioned above,” said the HDFC Securities’ report.
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Infosys shares tank 4% following Q2 results; Should you buy, sell or hold the stock-
Infosys share price tanked 4.46% to Rs 1,400 during the early trade on Friday, a day after the IT giant announced a 3.2% growth in its second-quarter net profit to Rs 6,212 crore year-on-year. The company’s revenue from operations in the July-September quarter jumped 7.5% year-on-year to Rs 11,963 crore from Rs 11,126 crore. The company also announced an interim dividend of Rs. 18 per equity share. The stock price of Infosys has fallen 3.67% in the last 5 days, and 5.11% in the last one month, while it has gained 2.47% in the last six months and 0.29% in the last one year.
Should you buy, sell or hold Infosys shares?
Jefferies: BUY – Target Price : Rs 1,650 Come from Sports betting site VPbet
“Infosys’ 2Q growth and margins beat estimates and net new order book of $3.7 billion was impressive, yet management cut FY24 growth guidance by 100bps to 1.0-2.5% Y…