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Brokerages cut target prices on Infosys after muted guidance

Brokerages adjust Infosys share targets post revenue cut. Stock at ₹1,411.95, target post Q4: ₹1,582.12 (12% upside). Analysts note slow discretionary demand despite sector bottoming out, Infosys attractive valuation.

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Narayana Murthy's 5-month-old grandson set to pocket Rs 4.2 crore as Infosys announces dividend

On April 18, Infosys said its Board recommended a final dividend of Rs 20 per equity share for the financial year ended March 31, 2024 and additionally a special dividend of Rs 8 per equity share

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Infosys shares drop 3% on Q4 miss. Should you buy, sell or hold?

Infosys Share Price: Infosys shares fall 3% after revenue decline. EBIT margin declines to 20.1%. FY25 revenue growth guidance impacted by discretionary spending weakness. Brokerages cut target prices. Analysts remain optimistic about Infosys growth potential in the future.

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Infosys shares slip 1% after March quarter result miss expectations

However, the company's operating margin witnessed a marginal decline. The operating margin stands at 20.1 per cent, a decline of 0.9 per cent on a year-on-year basis and 0.4 per cent from the December quarter.

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