Brokerage Radar: Infosys and Mahindra & Mahindra Get ‘Buy’ Calls

[Keywords: Brokerage Radar, Infosys, Mahindra & Mahindra, Buy Call, Analysts]

The brokerage radar is buzzing with positive news for investors as analysts have issued ‘buy’ calls on two prominent Indian companies: Infosys and Mahindra & Mahindra (M&M).

Infosys: This leading IT services provider is attracting bullish sentiments due to its strong Q2 FY24 results. The company reported a 11.6% rise in net profit, exceeding analysts’ expectations. This, coupled with robust revenue growth and a positive outlook for the future, has prompted analysts to recommend a ‘buy’ rating.

M&M: This diversified conglomerate is experiencing a surge in demand for its automotive and farm equipment businesses. The company’s strong performance across these sectors has fueled positive investor sentiment. Analysts are optimistic about M&M’s future prospects, driven by factors such as increasing rural income and robust demand for SUVs.

[Keywords: Investment, Stock Market, Buy Recommendation, Positive Outlook]

These ‘buy’ calls highlight the potential growth opportunities for investors in both companies. While past performance is not indicative of future results, the strong fundamentals and positive market sentiment suggest that both Infosys and M&M could be attractive investment options.

[Keywords: Investing Tips, Stock Analysis, Market Trends]

It’s essential for investors to conduct thorough research and consult with financial advisors before making any investment decisions. However, the brokerage radar’s ‘buy’ calls provide valuable insights into the current market trends and investor sentiment surrounding these companies.