Infosys share price: Stock market news: Infosys shares slips over 2%

NEW DELHI: Shares of Infosys Ltd. traded 2.14 per cent down in Thursday’s trade at 11:53AM (IST). Around 2278442 shares changed hands on the counter. The stock opened at Rs 1184 and touched an intraday high and low of Rs 1185 and Rs 1100.35, respectively, in the session so far.

The stock quoted a 52-week high of Rs 1167 and a 52-week low of Rs 509.25.

The IT major posted 20.5 per cent growth in September quarter net profit to Rs 4,845 crore, mainly helped by large deals, prompting the IT services major to raise its revenue growth forecast to 2-3 per cent for FY21.


Infosys Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 474895.74 Crore) operating in IT Software sector.

For the quarter ended 30-09-2020, the company has reported a Consolidated sales of Rs 24570 Crore, up 3.82 per cent from last quarter Sales of Rs 23665 Crore and up 8.58 per cent from last year same quarter Sales of Rs 22629 Crore. Company has reported net profit after tax of Rs 4858 Crore in latest quarter.

Infosys Ltd. key Products/Revenue Segments include Software Development Charges which contributed Rs 78809 Crore to Sales Value (99.69 per cent of Total Sales) and Software Products which contributed Rs 238 Crore to Sales Value (0.30 per cent of Total Sales) for the year ending 31-Mar-2020.

Promoter holding

Promoters held 13.15 per cent stake in the company as of quarter ended 31st Sep 2020.

Valuation ratio

It quoted a price-to-earnings ratio of 26.57 and price to book value of 4.15.

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