Hello Readers, welcome to this blog. My name is Nikhil, And today in this new article We will completely know about Infosys Stock Analysis. I am presenting all this data to you through my own research. I will try to provide you absolutely genuine information that is correct and you can get some value by knowing this information. This is our About Us Page In which you can learn more about us.
We will also learn about Infosys History, Infosys Stock Prediction, Stock Split, and Share Buyback, of Infosys. We will do a complete stock analysis of Infosys below.
“I hope you enjoyed this blog post after reading it”. In this entire article, you will get all the information about Infosys. Now, let’s get started…
How was Infosys started and who started it?
Infosys Limited is an Indian multinational company, that provides business services, informational technology(IT), and other outsourcing services. The company was founded on 2 July 1981 in Pune. Infosys was started with the help of 7 engineers whose name is N.R Narayan Murthy(founder of Infosys), Co-founder names are Nandan Nilekani, S. Gopalakrishnan, S.D Shibulal, K. Dinesh, N.S Raghavan, Ashok Arora. After TCS, Infosys is the second-largest Indian IT company.
Infosys had started with just 10,000 Rs about 150 U.S Dollars. With this money, N.R. Narayana Murthy laid the foundation of the company. In 1983, Infosys relocated from Pune to Bangalore, Karnataka. Gradually the business of Infosys started growing after liberalization in 1991, the company started growing very fast.
An initial public offering(IPO) of Infosys came in February 1993 with an issue price of ₹95. The IPO was undersubscribed but Morgan Stanley “bailed out” the company by buying a 13% equity stake. In 1993, Infosys was listed on the stock exchange, The company’s revenue at that time was $5mn and there were around 200 employees. Its annual revenue reached US$100 million in 1999, US$1 billion in 2004, and US$10 billion in 2017.
Infosys became the first Indian IT company to be listed on the Nasdaq stock exchange in 1999. Infosys have a total of 336,294 (June 2023) employee. Infosys employees are called Infoscions. So this is how the second largest IT company Infosys started.
Why Infosys Share price is falling 2023?
Infosys has fallen 25% from its peak. Infosys continuously follows the downtrend from the last 1.5 years. So it becomes important for us to know why Infosys is declining so much. Will Infosys stock go further down from here or will it go up from here? , So first we will know about the reasons behind it which are bringing down the share price.
Infosys revenue growth outlook has halved, which plays a key role in the company’s share price. India’s second-largest IT services company has cut its full-year revenue guidance to 1 to 3.5 percent in constant currency, from the earlier estimate of 4 to 7 percent. The fear of a slowdown in the global market and increasing challenges especially in the United States and Europe is also a major problem for Infosys.
One more reason behind the company is the increasing expenses of the company and the pressure on margins. The firm has stated here that the attrition rate is 17.3% at the end of June 2023.
Infosys share price touched a low of Rs 1185 in April 2023 which will now act as a major support. Currently, the stock is trading at Rs 1469 (Sept 2023) which is above its support. So now we need to know what movement Infosys can show from here.
Infosys Stock Prediction Analysis 2025-2025
Before making Infosys stock forecast for 2023, 2024, and 2025. First, we will focus on the trend of Infosys using technical analysis. Now we will know what are the resistances and supports for the stock. The 52-week high of the share was 1672 in Dec 2022 and the 52-week low of the share was 1185.30 in April 2023.
Resistance and Support are shown below-
Resistance | Support |
---|---|
R1- 1530 | S1- 1365 |
R2- 1625 | S2- 1260 |
R3- 1675 | S3- 1185 |
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Infosys is a large-cap company with a market cap of 6,00,000₹ (Sept 2023) that is less riskier than midcap and small-cap. So if we proceed on the safe side, the growth of this company may become even faster in the future. The promoter of the company is also very experienced which gives us more confidence that the company will perform well in the future.
Now we will do a Stock Forecast on this company. All this has been done based on our research, so please consult your financial advisor before making any decision.
Infosys Share Target Price 2025
Year | Minimum Target Price | Maximum Target Price |
---|---|---|
2023 | 1400 | 1600 |
2024 | 1670 | 1780 |
2025 | 1850(Approx) | 2000(Approx) |
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Infosys Stock Split
Infosys has not announced any stock split since September 12th, 2018. Till now Infosys has done a total of 6 stock splits in history. we have attached the data of stock split below.
Split Date | Split Ratio |
---|---|
Sep 12, 2018 | 2:1 |
Jun 25, 2015 | 2:1 |
Dec 08, 2014 | 2:1 |
Jul 18, 2006 | 2:1 |
Jul 07, 2004 | 2:1 |
Feb 15, 2000 | 2:1 |
Infosys Share Buyback
Buyback means when a company buys its own shares from investors Companies may buy back shares to improve the financial statement. And the fair value of share buyback is determined which is above the current share price.
Infosys Buyback 2022 details
Script Name | Infosys |
Issue Size(Amount) | ₹9300 Crores |
Issue Period | Issue Period |
Buyback Price | ₹1850/Per Share |
Face Value | ₹5/Per Share |
Listed At | NSE, BSE |
Issue Type | Through Open Market |
Disclaimer: We are not SEBI-registered advisors. This content is for educational purposes only and not investment advice. Please consult a SEBI-registered advisor before making any investment decisions.
Nice information ℹ️