Introduction
Year | Share Price Target |
---|---|
2023 | ₹1,800-2,000 |
2024 | ₹2,200-2,500 |
2025 | ₹2,800-3,000 |
2027 | ₹4,000-5,000 |
2030 | ₹6,000-8,000 |
Infosys Limited is an Indian multinational information technology (IT) company headquartered in Bengaluru, Karnataka. It is one of the Big Five Indian IT companies, along with Tata Consultancy Services, Wipro, HCL Technologies, and Cognizant Technology Solutions.
The Infosys share price has been on a bull run in recent years, rising from around ₹750 per share in 2017 to ₹1,675 per share as of August 2023. This is due to a number of factors, including the company’s strong financial performance, its focus on digital transformation, and the growth of the Indian economy.
Infosys Share Price Target 2023
There are a number of factors that could affect the Infosys share price in 2023. These include:
- The company’s financial performance: Infosys is expected to report strong financial results for the financial year 2022-23. This could boost the share price.
- The growth of the digital economy: The digital economy is expected to grow at a rapid pace in 2023. This could boost the demand for Infosys’s services.
- The company’s focus on innovation: Infosys is investing heavily in innovation. This could help the company to stay ahead of the competition.
Based on these factors, some analysts have forecast the Infosys share price to reach ₹1,800-2,000 per share in 2023.
Infosys Share Price Target 2024
In 2024, the Infosys share price could be further boosted by the company’s plans to invest in new businesses, such as cloud computing and artificial intelligence. The company is also expected to benefit from the growth of the Indian economy.
Some analysts have forecast the Infosys share price to reach ₹2,200-2,500 per share in 2024.
Infosys Share Price Target 2025
By 2025, Infosys is expected to be a leading player in the global IT services market. The company is also expected to benefit from the growth of the Indian middle class.
Some analysts have forecast the Infosys share price to reach ₹2,800-3,000 per share in 2025.
Infosys Share Price Target 2027
In the long term, Infosys is expected to continue to grow and become a global leader in a number of industries. The company’s share price could reach ₹4,000-5,000 per share by 2027.
Infosys Share Price Target 2030
By 2030, Infosys could be one of the world’s most valuable companies. The company’s share price could reach ₹6,000-8,000 per share by then.
Conclusion
The Infosys share price is expected to continue to grow in the coming years. The company is well-positioned to benefit from the growth of the Indian economy and the global IT services market. However, it is important to remember that the stock market is volatile and there is no guarantee that the Infosys share price will always go up in value.