NSE: INFY
₹1,535.00
0.56 (0.04%) Today
IT stocks rally on strong US tech earnings
The Indian IT sector saw a significant surge today, with major players like TCS and Infosys leading the gains. This rally is attributed to better-than-expected earnings from US tech giants, indicating a robust demand environment.
Infosys bags a new multi-million dollar deal in Europe
Infosys has secured a major deal with a European client for digital transformation services, boosting its order book for the current fiscal.
Infosys Limited is an Indian multinational information technology company that provides business consulting, information technology and outsourcing services. The company was founded in Pune and is headquartered in Bangalore.
Current Signal
Strong BUY
Reasoning
Positive news sentiment regarding retail expansion and high trading volume indicate bullish momentum.
| Entry Price | ~ ₹2950 |
| Target Price | ₹2985 |
Key Influencing News
IT stocks rally on strong US tech earnings
Livemint • 2h ago
| Market Cap | ₹6.4T |
| P/E Ratio | 25.1 |
| 52-Week High | ₹1700.00 |
| 52-Week Low | ₹1200.00 |
| Volume | 4.8M |