Infosys share price jumps over 6% on better-than-expected Q3 results; Brokerages raise target price; Should you buy?

Infosys share price jumps over 6% on better-than-expected Q3 results; Brokerages raise target price; Should you buy?

India’s second largest IT services company, Infosys reported a 1.7% fall in its consolidated net profit for Q3FY24 to ₹6,106 crore from ₹6,212 crore in Q2FY24. The company’s revenue during the quarter fell by 0.4% to ₹38,821 crore from ₹38,994 crore, QoQ. Its revenues in constant currency (CC) terms also declined to $4,663 million. Operating …

Read more