Infosys Share Price Today on 22-11-2024: At 22 Nov 12:48 today, Infosys shares are trading at price ₹1856, 1.19% up from the previous closing price. Sensex is trading at ₹78165.86, up by 1.31%. The stock has hit a high of ₹1865.5 and a low of ₹1834.25 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 :
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1859.37, ₹1886.38, & ₹1905.77, whereas it has key support levels at ₹1812.97, ₹1793.58, & ₹1766.57.
Till 12 AM today, the volume traded on NSE & BSE for Infosys was -61.46% 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 28.23 & P/B is at 8.40.
The median 1-year forecasted upside in this share is at 9.27% with a target price of ₹2028.00.
The company has a 0.00% promoter holding, 19.70% MF holding, & 33.27% FII holding as per filings in the september quarter.
The MF holding has increased from 19.09% in june to 19.70% 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 1.19% today to trade at ₹1856 in resonance with its peers. Its peers such as