ilmscore | Infosys | Q3FY23 Result Analysis | CA Rachana Ranade

Infosys | Q3FY23 Result Analysis | CA Rachana Ranade

Published: 2023-02-19
Status: Available | Analyzed

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Unrated: 0
Prediction
Topic
Status
Infosys stock could see a further correction of 10-15% to reach its historical median P ratio.
"now if the P were to go back to the median P this gray dotted line you can see that is the median P what is that that is at 23.8 so from 28.6 to 23.8 if it were to go back to its median P we cannot rule out another 10 to 15 correction in this stock."
INFY
Pending
Based on technical analysis, Infosys stock may fall by approximately 15% from its current levels.
"so from here to here it will be a fall of almost 15 percent"
INFY
Pending
The IT sector's performance is currently hindered by recession fears, which are expected to subside within the next 4-6 months.
"I personally feel that it's only the fear of recession that is still trying to hold back this entire pack and I personally feel that this fear of recession we should be able to overcome in a matter of another four to six months"
IT Sector Recession Fear Resolution
Pending