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Infosys might become a trading stock, fears Anil Manghnani

Infosys consolidated Q2 net profit for FY12 is up by 9.72% to Rs 1,906 crore YoY. Anil Manghnani of Modern Shares & Stock Brokers feels that if Infosys goes up to the 2,700 levels, it would be a decent move for the stock. However, he feels that the stock would get into a phase where it would become a trading stock.

first published: Oct 12, 2011 09:11 am

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