Infosys Technologies has support at Rs 3120,
Infosys and even the other IT stocks i.e. TCS and Wipro were reflecting a lot of positivity since the last two days which has been pretty much the reason for Wednesday?s uptick as well. Infosys particularly has seen a breakout on Wednesday itself at Rs 3,130. Yesterday despite markets going negative, Infosys was holding up in the green yet. So Rs 3,120 is a good enough support, which I don?t think the stock could break."
The company's trailing 12-month (TTM) EPS was at Rs 100.54 per share. (Jun, 2010). The stock's price-to-earnings (P/E) ratio was 31.41. The latest book value of the company is Rs 383.97 per share. At current value, the price-to-book value of the company was 8.22. The dividend yield of the company was 0.79%.
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