Infosys share are up by 1.5%, Nifty down by -0.05%

Infosys Share Price Today on : At 01 Oct 16:00 today, Infosys shares are trading at price ₹1904.15, 1.5% up from the previous closing price. Sensex is trading at ₹84266.29, down by -0.04%. The stock has hit a high of ₹1909 and a low of ₹1875 during the day.

On the technical front, the stock is trading above the 5,50,100,300 days SMA & lower than the 10,20 day SMA. The stock will have support at 5,50,100,300 days SMA & face resistance at 10,20 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1917.2, ₹1930.05, & ₹1951.15, whereas it has key support levels at ₹1883.25, ₹1862.15, & ₹1849.3.

From a fundamental analysis perspective, the company has a ROE of 32.08% .The current P/E of the stock is at 29.17 & P/B is at 9.35.

The median 1-year forecasted upside in this share is at 1.95% with a target price of ₹1867.00.

The company has a 14.61% promoter holding, 15.90% MF holding, & 32.73% FII holding as per filings in the june quarter.

The MF holding has increased from 15.35% in march to 15.90% in the june quarter.

The FII holding has decreased from 34.10% in march to 32.73% in the june quarter.

Infosys share price has gained 1.5% today to trade at ₹1904.15 in resonance with its peers. Its peers such as are also on the rise. Overall, benchmark indices Nifty & Sensex are down -0.05% & -0.04% each respectively.