for a company like infosys and that too for long term, u should not have any doubts to invest or not. if u r a long term investor go ahead and buy. happy investing.
anush-if you are a long term investor wait for some funny prices of all stocks.May be post -elections when all the FIIs would run away.Stock are fancied because of the investments made by them. We follow them.You will see 1500-1600 levels.
everyone has their own opinion, and here is mine...
risks: US Recession means challenging environment (low business ), INR bounce against $, Quality /customer satisfaction
positives: US Recession (could bring more work offshore), Infosys BPO\\`s ambitious plans, Infosys cash reserves for buyouts, higher OMs & talented client engagement - etc...
Longterm (1yr) - 2400 - unless the entire world is in high inflation, lower IT spending...
Short term low: 1600, short term high : 2000