Buy the fear? 3 factors that can make Infosys a good contra stock pick
Infosys, which has been one of the biggest wealth creators on Dalal Street in the last three decades, was trading 25% below its 52-week high after its March quarter earnings and FY24 guidance miss left analysts shocked. The selling was probably led by large institutions because many of them are less likely to hold stocks where they don’t see enough growth coming in the next few months.
