Infosys shares in focus: The stock of the IT firm hit its 52-week high on January 17, 2022 and fell to a 52-week low of Rs 1,367 on June 17, 2022. Currently, Infosys stock is trading 2.27 per cent higher from the 52-week low level.
Infosys share falls over 5% post Q4 earnings; here s what brokerages say
Share of Infosys lost 5.59% to Rs 1320 against previous close of Rs 1,398.60 on BSE
BusinessToday.In | April 15, 2021 | Updated 12:30 IST
Infosys share trades higher than 50 day, 100 day and 200 day moving averages but lower than 5 day and 20 day moving averages.
Infosys share fell over 5% today despite the IT firm announcing a 17.5 per cent rise in net profit for quarter ended March 2021. Share of Infosys lost 5.59% to Rs 1320 against previous close of Rs 1,398.60 on BSE.
The stock opened with a loss of 3.14% at Rs 1,354.70. The share trades higher than 50 day, 100 day and 200 day moving averages but lower than 5 day and 20 day moving averages. However, the share has risen 6.74% since the beginning of this year and 109% in one year. Market cap of the IT firm fell to Rs 5.71 lakh crore on BSE.