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Infosys Ltd slides nearly 6%

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Capital Market

Infosys Ltd is quoting at Rs 645.35, down 5.93% on the day as on 13:24 IST on the NSE. The stock tumbled 8.91% in last one year as compared to a 13.97% slide in NIFTY and a 10.73% fall in the Nifty IT index.

Infosys Ltd is down for a fifth straight session today. The stock is quoting at Rs 645.35, down 5.93% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 6.7% on the day, quoting at 9757.8. The Sensex is at 33357.1, down 6.56%.Infosys Ltd has lost around 18.54% in last one month.Meanwhile, Nifty IT index of which Infosys Ltd is a constituent, has eased around 17.85% in last one month and is currently quoting at 14681.4, down 6.71% on the day. The volume in the stock stood at 82.14 lakh shares today, compared to the daily average of 77.84 lakh shares in last one month.

 

The benchmark March futures contract for the stock is quoting at Rs 645.5, down 5.86% on the day. Infosys Ltd tumbled 8.91% in last one year as compared to a 13.97% slide in NIFTY and a 10.73% fall in the Nifty IT index.

The PE of the stock is 19.08 based on TTM earnings ending December 19.

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First Published: Mar 12 2020 | 1:35 PM IST

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