Sandeep Shenoy of Anand Rathi Financial Services told CNBC-TV18, "Tata Consultancy Services (TCS) has got everything in its favour and everything discounted in its favour. So when you have that kind of a finely tuned valuation discounting at a super premium level there is no scope for absorption of any glitches, however minor it is. So in that case the dice is in your favour if you try to plump yourself on Infosys. So I would bet on Infosys playing up a catch up thing over a sustained period of time, 3-4 quarters from hereon."
At 09:48 hrs Infosys was quoting at Rs 3,384, up Rs 19, or 0.56 percent.
The share touched its 52-week high Rs 3,447.90 and 52-week low Rs 2,249 on 19 November, 2013 and 29 April, 2013, respectively.
The company's trailing 12-month (TTM) EPS was at Rs 129.58 per share. (Sep, 2013). The stock's price-to-earnings (P/E) ratio was 26.12. The latest book value of the company is Rs 627.95 per share. At current value, the price-to-book value of the company was 5.39. The dividend yield of the company was 1.24 percent.
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