Buy Infosys Technologies: Angel Stock Broking

Buy Infosys Technologies, says Srishti Anand, IT Analyst, Angel Stock Broking.

Anand told CNBC-TV18, "With such a correction one should really look at getting into Infosys as of now because from such levels we are looking at close to 10-11% kind of upsides. Right now price target is Rs 3560 and we may revise it upwards." The company's trailing 12-month (TTM) EPS was at Rs 104.05 per share. (Sep, 2010). The stock's price-to-earnings (P/E) ratio was 31.13. The latest book value of the company is Rs 383.88 per share. At current value, the price-to-book value of the company was 8.44. The dividend yield of the company was 0.77%.