Infosys stock short term and long term Targets after Results

 Quarter Four results impact on Infosys stock:

Most awaited result of  IT Sector company Infosys has announced is 4^th quarter results & year ended result 2024 & Infosys posted result little bit above the expectations of Media houses and analysts which was expected because Analysts will have complete inside information about the company. Therefore, Media houses & analysts predictions on companies results can not be always accurate always. 

Important points to note in Infosys Results are as follow:

1. Profit increased 30% YOY basis to 7969crore
2. YOY basis Growth pf 3.2% i.e 38,650 crore revenues
3. Final Dividend Announced: 20rs per share for FY23-24
4. Special Dividend announced: 8rs per share
5. Interim Dividend Announced: 18rs per share had announced in 2^nd quarter of results
6. New Announcements by Infosys:
7. Capital allocation policy for the next 5 years from FY25
8. Expected return of nearly 85%
9. Focus on improving working capital cycle
10. Focus on operating margin expansion in the medium-term and improving cash generation
11. Healthy Pipeline projects
12. Generative AI continue to expand
13. Focus on client programs, leveraging large language models
14. Retaining the 20-22% EBIT margin range

 

What are the short term targets of Infosys Stock?

Infosys Stock has Long term Strong support is around 1330rs price level. If Infosys stock break 1330rs price level support then we may see sharp fall in Infosys Price and it can drag Infosys stock price below 1110rs level.

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In the short term, there is a small support level in Infosys stock around 1368rs 1345rs. In Any case Infosys stock break these levels in the short term then investors and traders should avoid buying in Infosys stock.

Fresh buying in Infosys stock is only recommended above 1452rs  for the short term targets of 1480, 1500rs, 1510rs+

What Investors should do in INFOSYS Stock after Q4 results & year ended results of 2024?

Today, Infosys stock closed at 1420.55rs & It was flat closing for Infosys stock. Infosys ADR has also beaten down by foreign investors and Infosys ADR slipped 8% on NYSE. It may be the impact of Slashed FY25 Guidance. As per our view (PS Group, Multibagger stock Ideas), all news are already expected by the Investors. Investors were not expecting good results or revenues guidance. Investors should stay invested into the Infosys stock for long term even after weak Revenues Guidance by the company management.