Infosys share price, April 18 -- Jefferies expects 17% upside despite weak Q4 Results reported by the company on Thursday, post market hours. The concerns on IT sector already have remained elevated as trade war and tariff uncertainties have led to cautious approach of investors assesing impact on client spendings etc.
On Thursday, April 17, the IT leader Infosys saw its consolidated net profit for Q4FY25 having declined 11.75 percent year-on-year (YoY) to Rs.7,033 crore. The company had reported Rs.7,969 crore in the same period previous year. Nonetheless, the company's operating revenue for the reviewed quarter increased 8% year over year to Rs.40,925 crore from Rs.37,923 crore in the same quarter of the previous fiscal year.
In const...
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