Why Jefferies Says 'Buy' Infosys Even As Stock Tumbled 20% Since March - BQ Prime

Jefferies cut its target price from Rs 2,050 to Rs 1,830, implying a potential upside of 20% against 36% earlier

Jefferies also said Infosys' strategic repositioning toward digital capabilities places it well to drive strong client engagement. Margins are expected to decline to 21.5% in FY23 but expand graduall… [+746 chars]

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