Infosys can give decent returns in 15-18 months: Dilip Bhat

Dilip Bhat of Prabhudas Lilladher told CNBC-TV18, "This quarterly results in Infosys has assuaged some of the feelings that the company probably is back on the right track and the trajectory seems to be slanting upwards. So, overall, probably in the short run, we may not see any great run, but, once again, this is a stock you will always like to own inspite and despite all the hurdles that it faced which will be interpreted more as aberrations than any secular trend. But still this is a stock which even from the current level can give a very decent return over the next 15-18 months."The company's trailing 12-month (TTM) EPS was at Rs 53.73 per share. (Jun, 2015). The stock's price-to-earnings (P/E) ratio was 20.22. The latest book value of the company is Rs 209.27 per share. At current value, the price-to-book value of the company was 5.19. The dividend yield of the company was 5.48 percent.