Infosys can touch Rs 2900: Dharmesh Kant

Infosys can touch Rs 2900, says Dharmesh Kant of Indianivesh Securities.

Kant told CNBC-Awaaz, "Investors should buy Infosys with a stoploss of Rs 2720. The stock is trading well. It may go upto Rs 2900 in next 3-4 days time."
The company's trailing 12-month (TTM) EPS was at Rs 116.09 per share. (Sep 2011). The stock's price-to-earnings (P/E) ratio was 23.82. The latest book value of the company is Rs 426.71 per share. At current value, the price-to-book value of the company was 6.48. The dividend yield of the company was 2.17%.