Infosys Share Price Today on 11-11-2024: At 11 Nov 16:01 today, Infosys shares are trading at price ₹1860, 1.58% up from the previous closing price. Sensex is trading at ₹79496.15, up by 0.01%. The stock has hit a high of ₹1867.8 and a low of ₹1820.55 during the day.
On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 1795.34 |
10 | 1800.22 |
20 | 1849.11 |
50 | 1891.49 |
100 | 1818.89 |
300 | 1674.84 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1877.78, ₹1895.62, & ₹1923.23, whereas it has key support levels at ₹1832.33, ₹1804.72, & ₹1786.88.
Till 4 PM today, the volume traded on NSE & BSE for Infosys was -50.01% lower 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, The stock is currently experiencing a strong bullish trend.
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 28.16 & P/B is at 8.38.
The median 1-year forecasted upside in this share is at 9.03% 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 1.58% today to trade at ₹1860 in resonance with its peers. Its peers such as
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