The new week will see Sensex hitting between 56922 to 59255

Mumbai: With the global geopolitical tension, an explosive situation of intervigraha has started to emerge. After Russia, America, European countries in the matter of Ukraine, now there are signs of instability in China. Again the factors of America and Russia, China have started causing turmoil in the world markets. After the corona epidemic and the disruption of the supply chain of the world due to the war in Ukraine, after the inflation started to rise, most of the countries of the world including America adopted a policy of increasing the interest rate in the name of controlling the inflation, instead of controlling the inflation, the situation is getting worse. With the US dollar becoming historically expensive against global currencies, the economies of many countries have come to a standstill. In such a situation, there is a possibility of more turmoil in the global markets in the next week amid the unofficial reports of Jiping's house arrest in the matter of China. But before here, when Russia and Ukraine war, we also wrote that India does not interfere in the internal affairs of any country and will not interfere in the affairs of China either. Given the statement by External Affairs Minister Jaishankar that India will not interfere in the internal affairs of any country, this factor will only shock the Indian markets but stocks of companies with good fundamentals should not be sold in this panic. If Nifty goes below 17000 then good stocks can be bought. It is possible that the market will rebound again in the second week of October. In the event of increasing geopolitical tension, the break stocks that are currently bullish may see further erosion in the short term. F&O next week is likely to be volatile as the end of the September trend. Sensex is likely to touch between 56922 to 59255 and Nifty spot to fluctuate between 16977 to 17677 in the end week of September trend.

Dark Horse : INFOSYS LTD.

Only BSE(500209), NSE(INFY) listed, Rs. 5 Global leader in paid-up, next-generation digital services and consulting with total revenue of $16.97 billion, 1778 trusted customers with presence in over 50 countries, reserve-surplus of Rs.73,600 crore, good corporate governance and shareholder investment Investor-shareholder friendly with maximum value creation, providing IT-software services for over 40 years, over 3,35,000 employees, 95.91 per cent bonus equity in total equity through 8 bonus issues and high dividend payout with three mega share buybacks. , INFOSYS LTD. is a company listed on the New York Stock Exchange. Infosys is a global leader in next-generation digital services and consulting. The company enables customers in more than 50 countries to navigate their digital transformation. With over four decades of experience in managing the systems and operations of global enterprises, the company expertly manages customers through their digital journey. The company helps prioritize the implementation of change by enabling enterprises with an artificial intelligence-driven core. Infosys Aerospace & Defense, Agriculture, Automotive, Chemical Manufacturing, Communication Services, Healthcare, Education, Engineering, Oil & Gas, Insurance, Financial Services, Mining, Life Sciences, High Technology, Consumer Packaged Goods, Logistics & Distribution, Public Sector, Travel And provides services covering industries including hospitality, waste management, retail, private equity, media and entertainment.

Company 13 Subsidiaries Adverve Systems Ltd., Infosys BPM Ltd., Infosys Consulting Holding AG, Infosys Public Services Inc., Infosys Consulting Ltd., Infosys Technology (Australia) Pty Ltd., Infosys Technology (China) Company Ltd., Infosys Technology (Shanghai) ) AB, Infosys Technology SD RLD CV, Panaya, active through Noah Consulting LLC. Infosys strengthens its services and business solutions through alliances with leading technology partners. This partnership focuses on solutions development. which prepares the intellectual property of Infosys.

Infosys posted a double-digit growth in all business segments with revenue growth of 21.4 percent in the quarter from April 2022 to June 2022 and 37.5 percent growth in digital business. The company has earned 61 percent of its total revenue from digital business. Along with this, for the full financial year 2022-23, the company has raised its revenue growth estimate to 14 to 16 percent and maintained its margin estimate to 21 percent to 23 percent.

History of Bonus Share Issue:

1:1 in 1994, 1:1 in 1997, 1:1 in 1999, 3:1 in 2004, 1:1 in 2006, 1:1 in 2014, 1:1 in 2015, 1:1 in 2018

Dividend:

1100 percent in 2010, 700 percent in 2011, 940 percent in 2012, 940 percent in 2013, 1460 percent in 2014, 790 percent in 2015, 505 percent in 2016, 555 percent in 2017, 750 percent in 2018, 450 percent in 2019, 430 percent in 2020, 320 percent in 2022

Buyback of shares:

Rs.13,000 crore buyback of 11.3 crore shares at an average price of Rs.1150 per share in December 2017, Rs.8260 crore buyback of 11.05 crore shares at an average price of Rs.747.38 per share in August 2019, Rs.8260 crore per share in 2021. Buyback of 5.58 crore shares worth Rs.9200 crore at 1750

Book Value:

Rs.181 in March 2021, Rs.178 in March 2022, expected Rs.199 in March 2023

Financial Results:

(1) Full year April 2021 to March 2022 :

On a consolidated basis, net income increased to Rs.1,21,600 crore from Rs.1,00,472 crore, net profit increased to Rs.22,146 crore from Rs.19,423 crore and EPS increased to Rs.45.52 increased to Rs.52.41.

(2) First Quarter April 2022 to June 2022 :

Net income rose 23.6 percent to Rs 34,470 crore from Rs 27,896 crore, net profit rose to Rs 5,360 crore from Rs 5,195 crore and EPS-EPS increased to Rs 12 from Rs 12.24. 78 has been achieved.

(3) Expected full year April 2022 to March 2023 :

Expected net income to rise to Rs.1,43,300 crore from Rs.1,21,600 crore and net profit to rise to Rs.25,800 crore from Rs.22,146 crore Expected EPS to be Rs.61.20.

(4) Valuation : B :

Generous bonuses, buybacks, high dividend payouts, investor friendly Infosys Ltd. vs. computer software services industry average P/E of 27 Even if we give the same P/E to the company, the share can reach Rs.1650 on expected earnings, so the valuation is single B.

Thus (1) The author has no investment in shares of the above company. Authors may have direct or indirect personal vested interests in research sources. The reader should invest at his own personal risk. The author, Gujarat News or any other person shall not be responsible for any possible loss on investment. (2) Expected full year April 2022 to March 2023 expected earnings per share of Rs.61.20 and expected book value of Rs.199 shares are available on NSE, BSE at Rs.1365.25 at P/E of 22.30.