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Infosys Ltd eases for fifth straight session

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Infosys Ltd is quoting at Rs 710.4, down 0.27% on the day as on 13:24 IST on the NSE. The stock jumped 19.82% in last one year as compared to a 7.01% rally in NIFTY and a 18.92% spurt in the Nifty IT index.

Infosys Ltd dropped for a fifth straight session today. The stock is quoting at 710.4, down 0.27% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 1.06% on the day, quoting at 11152. The Sensex is at 37002.99, up 0.9%.Infosys Ltd has eased around 5.34% in last one month.Meanwhile, Nifty IT index of which Infosys Ltd is a constituent, has eased around 3.57% in last one month and is currently quoting at 15408.7, down 0.26% on the day. The volume in the stock stood at 57.66 lakh shares today, compared to the daily average of 61.6 lakh shares in last one month.

 

The benchmark March futures contract for the stock is quoting at Rs 714.3, down 0.39% on the day. Infosys Ltd jumped 19.82% in last one year as compared to a 7.01% rally in NIFTY and a 18.92% spurt in the Nifty IT index.

The PE of the stock is 22.25 based on TTM earnings ending December 18.

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First Published: Mar 11 2019 | 1:36 PM IST

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