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Infosys Rallies 3% As Jefferies Adds Stock To Model Portfolio, Turns Neutral On IT
in5points
Infosys shares rose 3% after Jefferies added the stock to its model portfolio.
Jefferies maintained a Hold rating on Infosys but removed its sector underweight tag.
Jefferies believes AI-trade concerns for Infosys have eased.
The upgrade reflects improved sentiment in the IT sector.
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Who owns this?
Adani Group
Gautam Adani
Acquired by Adani Group in 2022 from the founders.
Wikipedia: Gautam Adani