These stocks will be either winners or losers due to rupee weakening - Moneycontrol


7/19/2022 12:00:00 AM2 years 9 months ago
by Moneycontrol News

Information technology, pharmaceutical and textile industries may benefit because they are net exporters. Oil and gas and aviation are some of the sectors which will have a negative impact on the rupee weakness.

Infosys (Target price Rs. 1,670): Infosys would benefit from depreciating rupee as they bill most clients in US dollars. We are positive on Infosys on the back of resilient demand for IT Services, de… [+7421 chars]

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