Will Infosys Shares Follow The HCLTech And TCS' Move After Their Q1 Earnings Reports?

Will Infosys shares follow the trajectory set by HCLTech and TCS after their Q1 earnings reports? CA Raudra Murthy shares his insights on Infosys stock, citing its impressive rise from 1,400 to 1,730 within just one to one and a half months. For a large-cap company with substantial market capitalization, this is a significant move, says CA Raudra Murthy. He believes that expectations for Infosys' earnings are high, similar to those for HCLTech and TCS. While he advises that holding the stock is safe, he cautions that taking a new position at the current price may not offer an optimal risk-reward ratio.