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Buy Infosys; target of Rs 2550: P Lilladher

Brokerage house Prabhudas Lilladher is bullish on Infosys and has recommended 'Buy' rating on the stock with a target price of Rs 2550, in its research report dated December 30, 2014.

January 07, 2015 / 16:50 IST
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Prabhudas Lilladher's report on Infosys

"Infosys, tech companies are using new paradigm like Agile, to provide solutions to enterprise as the paradigm evolves through collaboration cross-functional team, adaptive planning, evolutionary development, early delivery, continuous improvement, and encourages rapid and flexible response that are needed these days to understand the clients' need. The understanding evolves with the multiple iterations with clients."

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Valuation & Recommendation – Dr. SIkka is talking about moving away from “same mess for less” to “doing more with less for more” that require change in culture. Infosys’ focal-points are on being mindful, curious, speak-up and understand clients’ needs that are integral to Design Thinking. Buy the stock with a target price of Rs 2,550", says Prabhudas Lilladher research report.

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