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Buy Infosys, target price Rs 2,200: Motilal Oswal Financial Services
Motilal Oswal Financial Services recommends buying Infosys with a target price of Rs 2,200. Infosys reported a consolidated total income of Rs 41,698 crore for the quarter ended 30-09-2024. The company has a net profit after tax of Rs 6516 crore, with a margin guidance of 20-22% expected to benefit from increased IT spending.