Invest in Infosys: Dharmesh Kant

Dharmesh Kant of Indianivesh Securities is of the view that one should invest in Infosys.

Kant told CNBC-Awaaz, "Investors should invest in Infosys with a stoploss of Rs 2390. The stock is looking good and we can see level of Rs 2700 in short term. It can touch Rs 3000 in next 6-8 months time."

The company's trailing 12-month (TTM) EPS was at Rs 116.09 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 21.93. 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 5.97. The dividend yield of the company was 2.36%.