Infosys Share Price Today on 06-11-2024: Infosys share price are up by 4.02%, Nifty up by 1.12%
Infosys Share Price Today on 06-11-2024: On the last trading day, Infosys opened at ₹1765 and closed at ₹1824.3. The stock reached a high of ₹1827 and a low of ₹1763.5 during the day.
Infosys Share Price Today on 06-11-2024: At 06 Nov 16:00 today, Infosys shares are trading at price ₹1824.3, 4.02% up from the previous closing price. Sensex is trading at ₹80378.13, up by 1.13%. The stock has hit a high of ₹1827 and a low of ₹1763.5 during the day.
On the technical front, the stock is trading above the 5,100,300 days SMA & lower than the 10,20,50 day SMA. The stock will have support at 5,100,300 days SMA & face resistance at 10,20,50 days SMA
The SMA values for the stock are given below :
| Days | Simple Moving Average |
|---|---|
| 5 | 1805.10 |
| 10 | 1831.95 |
| 20 | 1884.78 |
| 50 | 1902.15 |
| 100 | 1803.74 |
| 300 | 1669.06 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1846.15, ₹1868.95, & ₹1910.7, whereas it has key support levels at ₹1781.6, ₹1739.85, & ₹1717.05.
Infosys Share Price Today
Till 4 PM today, the volume traded on NSE & BSE for Infosys was 62.30% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, Following a strong uptrend, the stock is indicating signs of a reversal..
From a fundamental analysis perspective, the company has a ROE of 32.08% & ROA of 19.91% respectively.The current P/E of the stock is at 27.00 & P/B is at 8.03.
The median 1-year forecasted upside in this share is at 11.17% with a target price of ₹2028.00.
The company has a 0.00% promoter holding, 15.77% MF holding, & 33.27% FII holding as per filings in the september quarter.
The MF holding has decreased from 15.90% in june to 15.77% in the september quarter.
The FII holding has increased from 32.73% in june to 33.27% in the september quarter.
Infosys share price has gained 4.02% today to trade at ₹1824.3 in resonance with its peers. Its peers such as
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