Recommendation: Buy; Target Price: Rs 3600
The project involves the construction of a new broad gauge line between Dhule (Borvihir) and Nardana in Maharashtra
Analysts of IIFL Capital Services prefer INFO over TCS, given more attractive valuations and potentially better growth visibility in FY25.
The rally followed better-than-expected Q3FY24 earnings for the IT services giant, despite a dip in both revenue and net profit
Infosys' outgoing CFO, Nilanjan Roy, mentioned during a press conference after the December quarter results that they are monitoring utilization and the flexi hiring model
We anticipate a carry forward of the previous year’s postulates with undeterred throttle.
We expect the budget to address the difference in tax treatment between equity mutual funds and Unit linked Insurance Plan (ULIP).
Mutual fund folios continue to grow in sync with the growing retail spread via NFOs and SIP flows.
Through the purchases, the business will be able to acquire products with a broader range of tastes, break into new markets, and expand its line of organic products to cater to customers looking for healthier options.

IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
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