HomeNewsBusinessIdeas For Profit | How Infosys’ stock can reduce valuation gap with IT bellwether TCS

Ideas For Profit | How Infosys’ stock can reduce valuation gap with IT bellwether TCS

Robust revenue acceleration, operational efficiencies and strong commentary on demand prompted Infosys to revise its guidance upward. With the stock underperforming Nifty and IT index in the past three months, we see a catch-up in stock performance and likely closure of the valuation gap with bellwether TCS. Here’s why MC Pro recommends you to add the stock on every decline.

October 14, 2021 / 19:28 IST
Story continues below Advertisement

Moneycontrol Video
first published: Oct 14, 2021 07:09 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!