Latest news with #SumeetJain
Yahoo
2 days ago
- Business
- Yahoo
CLSA Maintains a Buy Rating on Infosys (INFY) With a PT of INR1,861
Infosys (NYSE:INFY) is one of the best NYSE stocks to buy under $20. In a report released on July 24, Sumeet Jain from CLSA maintained a Buy rating on Infosys (NYSE:INFY), setting a price target of INR1,861.00. A programmer typing on a laptop, highlighting the cutting edge software engineering solutions provided by the company. In other news, Infosys (NYSE:INFY) announced a strategic collaboration with RWE, a German multinational energy company, on July 28 to drive automated digital workplace transformation and improve operational efficiency. The collaboration would implement solutions automating processes and enabling self-service options, supporting RWE's ongoing efforts to drive operational excellence by leveraging Infosys Workplace Suite, which is an 'amalgamation of tools and accelerators that help enterprises drive adoption of Digital Workplace Services'. Infosys (NYSE:INFY) is a digital services and consulting company that provides end-to-end business solutions. The company's operations are divided into the following segments: Financial Services, Retail, Communication; Energy, Utilities, Resources, and Services; Manufacturing, Hi-Tech, Life Sciences, and All Other. While we acknowledge the potential of INFY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
CNBC
11-07-2025
- Business
- CNBC
CLSA on India IT earnings: Tariff uncertainty will not go away in the near future
Sumeet Jain, CLSA's senior research analyst, discusses the upcoming earnings season for Indian IT companies. He warns that TCS' earnings print was a "clear reflection" that generative AI will not bring about non-linear growth for IT service companies.
