Infosys share price has been a topic of much discussion in recent years. With the company’s focus on expanding its reach and building up its position among the top 3 IT brands, it’s no wonder that many investors are interested in the future of Infosys and what its share price target might be in the coming years.

In this article, we’ll be looking at the Infosys share price target from 2023 to 2030 and discussing whether or not this is a good auto stock to buy for investors.

About the Company

Infosys is an Indian multinational corporation that provides business consulting, information technology, software engineering and outsourcing services. It is headquartered in Bangalore, Karnataka, India

It was incorporated in 1981 by seven engineers from Mysore with an initial capital of US$250. Since then, the company has grown to become one of the largest IT services companies in India and is a leader in the global outsourcing market. Infosys is listed on the NSE and BSE.

Stock History

Infosys went public in 1993 and its initial public offering (IPO) was oversubscribed seven times. The company has since seen rapid growth, establishing offices in more than 25 countries, and posting consistent revenue and profit growth over the years. As of January 2023, its market capitalization stands at 6.35 trillion INR. 

In the past five years, Infosys’ stock has seen a consistent upward trend, reaching an all-time high in 2019. The company’s share price has risen from around ₹750 in 2015 to ₹1,527.10 in 2023. 

In 2020, Infosys’ share price experienced a sharp decline due to the impact of the COVID-19 pandemic on the global economy. The company’s share price dropped from ₹795 in January 2020 to ₹673 in April 2020. However, the company’s stock has since recovered, and as of January 2023, its share price is around ₹1,527.10.

Infosys Ltd in recent news

  • The spotlight is on Infosys shares due to a significant collaboration with Liberty Global, involving a substantial $1.6 billion deal. Infosys and Liberty Global have recently inked an initial 5-year contract that holds the possibility of extension to 8 years and more. Under this agreement, Infosys is set to deliver services to Liberty Global, with an approximate value of 1.5 billion euros.
  • Infosys witnesses a 2% rise as the company finalizes an agreement with a key client to implement AI and automation solutions.
  • In the first quarter, Infosys reports an 11% year-on-year increase in Profit After Tax (PAT), reaching Rs 5,945 crore. The company has significantly adjusted its revenue growth guidance for the fiscal year 2024.
  • Infosys announces a dividend yield of 2.52% and a dividend payment totaling Rs 13,632.0.

How to buy Infosys Ltd shares?

To buy Infosys Ltd shares, open a demat account with a registered stockbroker of your choice. Once you have the demat account, you can transfer funds to it and use it to buy and sell shares. You can place an order to purchase Infosys Ltd shares on your broker’s trading platform. The broker will execute the order and the shares will be credited to your demat account within a few days. You can hold the Infosys Ltd shares in your demat account and sell them whenever you wish.

Some of the online trading platforms are:

Zerodha Click here
Upstox Click here
Groww Click here
AngelOne Click here
ICICIDirect Click here

Infosys Ltd Share Price Prediction 2023 to 2030

Infosys Ltd Share Price Target 2023 

When Maximum Price Minimum Price
August 2023 ₹1,477.27 ₹1,304.82
September 2023 ₹1,681.09 ₹1,370.07
October 2023 ₹1,696.27 ₹1,304.82
November 2023 ₹1,865.90 ₹1,435.31
December 2023 ₹2,089.81 ₹1,607.54

AThe Infosys share price prediction for 2023 indicates a bullish trend with an uptrend in the market. The maximum price for the year is projected to reach ₹2,089.81 in December 2023, while the minimum price is estimated to be ₹1,477.27 in August 2023. This shows a growth percentage of approximately 35% from the minimum price to the maximum price.

The months of August, November and December seem to be particularly strong, with the prices reaching new heights in comparison to the rest of the year. The table suggests a positive outlook for Infosys in 2023, with investors potentially enjoying significant returns on their investments.

Infosys has a strong focus on innovation and cost optimization and has been able to deliver cost savings through various initiatives. With the current market outlook, it is expected that the stock will continue to deliver strong performance in the near future.

Infosys Ltd Share Price Target 2024 is ₹2,925.82

When Maximum Price Minimum Price
January 2024 ₹2,199.80 ₹1,692.15
February 2024 ₹2,471.68 ₹2,059.74
March 2024 ₹2,601.77 ₹2,115.26
April 2024 ₹2,365.25 ₹1,819.42
May 2024 ₹1,971.04 ₹1,516.18
June 2024 ₹2,365.25 ₹1,819.42
July 2024 ₹2,010.46 ₹1,558.50
August 2024 ₹2,211.51 ₹1,755.16
September 2024 ₹2,322.08 ₹1,786.22
October 2024 ₹2,731.86 ₹2,101.43
November 2024 ₹2,868.45 ₹2,206.50
December 2024 ₹2,925.82 ₹2,250.63

According to the table, the Infosys share price target for 2024 shows a continuation of the bullish trend from the previous year. The maximum price for the year is estimated to reach ₹2,925.82 in December 2024, while the minimum price is projected to be ₹1,516.18 in May 2024. This represents a growth of approximately 92% from the minimum price to the maximum price.

The months of February, March and October seem to be particularly strong, with the prices reaching new highs in comparison to the rest of the year. However, it is important to note that there is also a dip in the prices in the months of May and July.

Infosys Ltd Share Price Target 2025 is ₹3,549.07

When Maximum Price Minimum Price
January 2025 ₹2,984.34 ₹2,295.64
February 2025 ₹3,141.41 ₹2,416.47
March 2025 ₹3,298.48 ₹2,537.29
April 2025 ₹2,945.07 ₹2,265.44
May 2025 ₹2,677.34 ₹2,059.49
June 2025 ₹2,945.07 ₹2,265.44
July 2025 ₹2,804.83 ₹2,157.56
August 2025 ₹2,921.70 ₹2,247.46
September 2025 ₹3,067.78 ₹2,359.83
October 2025 ₹3,251.85 ₹2,501.42
November 2025 ₹3,479.48 ₹2,676.52
December 2025 ₹3,549.07 ₹2,730.05

The Infosys share price target for 2025 is expected to experience an even greater growth compared to previous years. The maximum price for the year is estimated to reach ₹3,549.07 in December 2025, while the minimum price is projected to be ₹2,059.49 in May 2025. This represents a growth of approximately 72% from the minimum price to the maximum price.

The trend for 2025 is primarily bullish, with prices consistently reaching new highs throughout the year. The months of February, March, September and October are particularly strong, with prices reaching their highest levels of the year in these months. On the other hand, the months of April and June see a dip in prices, however, this trend is expected to reverse in the subsequent months.

With such a strong outlook for the year 2025, Infosys is definitely a good stock to consider for investment.

Infosys Ltd Share Price Prediction 2026-2030

Year Maximum Price Minimum Price
2026 ₹2,484.35 ₹1,739.04
2027 ₹2,111.69 ₹1,478.19
2028 ₹3,801.05 ₹2,660.74
2029 ₹7,807.95 ₹5,465.56
2030 ₹8,695.21 ₹6,086.65

The Infosys share price target for the years 2026 to 2030 is expected to show a considerable amount of growth and fluctuations. In 2026, the maximum price is estimated to reach ₹2,484.35 while the minimum price is expected to be ₹1,739.04.

The following year, 2027, the maximum price is projected to be ₹2,111.69 and the minimum price is expected to be ₹1,478.19. However, the year 2028 is expected to be a breakthrough year for Infosys as the maximum price is estimated to reach a whopping ₹3,801.05 and the minimum price is expected to be ₹2,660.74.

The following years, 2029 and 2030, are expected to be even more bullish with the maximum price estimated to be ₹7,807.95 and ₹8,695.21 respectively while the minimum prices are estimated to be ₹5,465.56 and ₹6,086.65 respectively.

Overall, the Infosys share price target for the years 2026 to 2030 presents a positive uptrend and growth potential for investors.

Infosys Ltd Financial Condition: Last 5 years

Metric Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales(Rs crore) 82,675 90,791 100,472 121,641 146,767
Expenses(Rs crore) 62,505 68,524 72,583 90,150 111,637
Oper. Profit(Rs crore) 20,170 22,267 27,889 31,491 35,130
OPM (%) 24% 25% 28% 26% 24%
Other Inc.(Rs crore) 2,882 2,803 2,201 2,295 2,701
Interest(Rs crore) 0 170 195 200 284
Deprec.(Rs crore) 2,011 2,893 3,267 3,476 4,225
PBT(Rs crore) 21,041 22,007 26,628 30,110 33,322
Net Profit(Rs crore) 15,410 16,639 19,423 22,146 24,108
EPS (Rs) 35.26 38.96 45.42 52.56 58.08

 

Over the past five years, Infosys has demonstrated a consistent trajectory of growth and stability. The company’s sales have seen a remarkable increase, progressing from Rs 82,675 crore in fiscal year 2019 to an impressive Rs 146,767 crore in fiscal year 2023. This growth is juxtaposed with controlled expenses, as reflected in the figures of Rs 62,505 crore and Rs 111,637 crore for the respective years.

Notably, the operating profit surged from Rs 20,170 crore to Rs 35,130 crore over this period, reinforcing Infosys’s operational efficiency. Despite variations, the operating profit margin (OPM %) maintained a generally stable range between 24% and 28%. Other income, totaling Rs 2,701 crore in the last fiscal year, contributed to the company’s overall financial health.

Alongside these figures, the EPS (Earnings Per Share) exhibited a remarkable increase, reaching Rs 58.08 in fiscal year 2023 from Rs 35.26 in fiscal year 2019. These concrete financial indicators, coupled with the steady rise in net profit and positive dividend payout trends, highlight Infosys’s successful financial performance and strategic management during this period of dynamic market shifts.

FAQS

Will the share price of Infosys Ltd increase in 2023?

Yes, the per share price of Infosys Ltd will grow and reach ₹2,089.81 by the December of 2023.

What is the price prediction for Infosys Ltd for 2030?

The per share price of Infosys Ltd might reach around ₹8,695.21 by the end of 2030 on the basis of the current price of the stock and its historical performance.

Can Infosys touch 2,000 INR in 2023?

Yes, according to our analysis, Infosys can reach 2,000 INR by 2023. The maximum it can reach is Rs. 2,089 by December 2023.

What is the current market condition of Infosys Ltd Stock?

At the time of writing, the Infosys Ltd share price is trading at ₹1,527.10 with a market capitalisation of 6.35 trillion INR.

Also read:

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 Experts view on Infosys Ltd Share Prices:

  • BNP Paribas Securities advises investors to consider purchasing Infosys shares, setting a target price of Rs 1600.(July 21,2023)
  • ICICI Securities recommends buying Infosys shares as well, indicating a target price of Rs 1392.(July 04,2023)

 Points To Note While Investing In Infosys Ltd Shares

  • The company boasts a commendable track record of Return on Equity (ROE), with a 3-year average ROE standing at 29.4%.
  • Demonstrating consistency, the company has consistently upheld a robust dividend payout ratio of 58.8%.
  • The stock’s current trading valuation is at 7.85 times its book value, reflecting its perceived market worth.
  • Notably, the promoter holding in the company is relatively low, accounting for 14.9% of the total shares.

Conclusion

In conclusion, Infosys has demonstrated a consistent growth in revenue, profit and PAT in the last five years. With an average of 25% growth in operating profit margins and a maximum dividend payout of 59.87%, Infosys has proved to be a reliable investment for its shareholders. The projection of Infosys share price target from 2023 to 2030, based on the current trend, suggests that the company is poised for further growth in the coming years.

The share price of Infosys has grown from ₹565.90 in March 2018 to ₹1,906.85 in March 2022. Therefore, based on the financial performance and growth trajectory, it can be deduced that Infosys shares are a good investment option for those looking to buy stocks in the IT sector. With its strong brand image, sustained growth and promising future outlook, Infosys is a suitable pick for any long-term investment portfolio.

Topics #infosys #stock market #trading