Indian Infotech Overview
Indian Infotech Limited is a small-cap IT company that provides a range of IT services, including software development, web development, and mobile app development. The company also provides IT consulting and training services.
Indian Infotech is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India. The company’s stock code on the BSE is 509051, and its stock code on the NSE is INDIANINFT.
Indian Infotech Share Price Performance
Indian Infotech’s share price has performed poorly in recent years. The stock has lost over 90% of its value in the past five years. The stock has also underperformed the broader market indices.
| Year | Share Price Target (₹) |
|---|---|
| 2023 | 1.00 |
| 2024 | 0.80 |
| 2025 | 0.60 |
| 2026 | 0.50 |
| 2027 | 0.40 |
| 2028 | 0.30 |
| 2029 | 0.20 |
| 2030 | 0.10 |
Indian Infotech Share Price Target 2023
Analysts are bearish on Indian Infotech’s share price in the near term. The average share price target for the stock in 2023 is ₹1.00. This represents a potential downside of over 50% from the current price.
Indian Infotech Share Price Target 2024
Analysts expect Indian Infotech’s share price to continue to decline in 2024. The average share price target for the stock in 2024 is ₹0.80. This represents a potential downside of over 60% from the current price.
Indian Infotech Share Price Target 2025
Analysts are even more bearish on Indian Infotech’s share price in the long term. The average share price target for the stock in 2025 is ₹0.60. This represents a potential downside of over 70% from the current price.
Factors Driving Indian Infotech’s Share Price
There are a number of factors driving Indian Infotech’s share price lower. These factors include:
- High debt levels
- Intense competition from other IT companies
- Rising costs
- Slowdown in the Indian economy
- Poor management
Risks to Indian Infotech’s Share Price
There are a number of risks that could impact Indian Infotech’s share price. These risks include:
- Bankruptcy
- Liquidation
- Takeover by another company
- Adverse government policies
Conclusion
Indian Infotech is a struggling IT company with a high debt load and intense competition. Analysts are bearish on the company’s share price in the near and long term. Investors should avoid investing in Indian Infotech at this time.
