Infosys share price Infosys shares brace for selloff Here're revised price targets

 Infosys Limited, commonly referred to as Infosys, is an Indian multinational corporation that provides business consulting, information technology, and outsourcing services. Founded in 1981 by a group of seven engineers, the company has since grown to become one of the largest and most successful IT companies in the world.

 

Over the years, Infosys has become a household name in the technology industry, with its innovative products and services being used by businesses of all sizes and industries. One of the ways in which people track the performance of the company is by keeping an eye on its share price.

 

Infosys' share price has been the subject of much interest and speculation in recent years. The company is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), and its shares are also traded on the New York Stock Exchange (NYSE) in the form of American Depository Receipts (ADRs).

 

In early 2021, Infosys announced its Q3 results, which showed a 16.6% increase in net profit from the same period in the previous year. This positive news was reflected in the company's share price, which saw a significant increase. As of April 2023, Infosys' share price on the NSE is around INR 2,700, while its ADR price on the NYSE is around USD 48.

 

The company's strong financial performance and commitment to innovation have helped it maintain its position as a leader in the technology industry. Infosys has a proven track record of delivering value to its clients, and its focus on sustainability and social responsibility has also helped it win the trust and admiration of investors and customers alike.

 

Overall, the future looks bright for Infosys, and its share price is likely to continue to be a key indicator of the company's success. As the company continues to expand its offerings and explore new markets, it is likely that we will see continued growth and success for this iconic Indian tech giant.

One of the key factors driving Infosys' growth is its focus on digital transformation. As businesses around the world increasingly rely on digital technology to operate and compete, Infosys has positioned itself as a leader in this space. The company offers a range of digital services, including cloud computing, artificial intelligence, and analytics, and has built a strong reputation for its expertise in these areas.

 

Another important factor contributing to Infosys' success is its commitment to sustainability and social responsibility. The company has set ambitious sustainability goals, including a target to become carbon neutral by 2022, and has implemented a range of initiatives to promote social and environmental sustainability.

 

Infosys has also been recognized for its strong corporate governance practices, which have helped it build trust and credibility with investors. The company has consistently received high scores on the Dow Jones Sustainability Index, which recognizes companies for their commitment to sustainable business practices.

In addition to its strong financial performance and commitment to sustainability, Infosys has also made significant contributions to the global technology industry. The company has been at the forefront of innovation in areas such as blockchain and digital transformation, and has played a key role in helping businesses around the world adapt to the changing technological landscape.

 

Overall, Infosys' share price is a reflection of the company's continued success and strong performance in the technology industry. As the company continues to innovate and expand its offerings, it is likely that we will see continued growth and success in the years to come. For investors looking to invest in a company with a strong track record and promising future, Infosys is certainly worth considering.