Correction in #infosys 🔻
feb'07 - oct'08 ---- -57%
jan'11 - aug'11 ---- -38%
apr'16 - may'17 ---- -34%
oct'19 - mar'20 ---- -40%
Learning after a deep correction it stands today at 1748 which is the example clear a great INVESTMENT on dips.
#investing 👍
More from Sachin Jain 🇮🇳
More from Infylongterm
1.6x PEG on forward PE is not cheap for most stocks but this is Infy...Pristine quality.
Infosys PEG ratio (1-year fwd PE/EPS growth) down to 1.4x from a peak of 2.7x as PE cut by 27% & EPS growth cut by 5% - trades at 23.3x PE for 11% FY23 growth. If this is a mid-cycle correction, its done BUT if this is the great valuation reset - more fall coming
— ThirdSide (@_ThirdSide_) May 25, 2022
Place your bets pic.twitter.com/9ZlaLDcxPZ