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Infosys Ltd eases for fifth straight session
16-May-22   13:35 Hrs IST

Infosys Ltd fell for a fifth straight session today. The stock is quoting at Rs 1484.4, down 1.33% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.32% on the day, quoting at 15832.4. The Sensex is at 52949.07, up 0.29%.Infosys Ltd has eased around 8.45% in last one month.Meanwhile, Nifty IT index of which Infosys Ltd is a constituent, has eased around 10.36% in last one month and is currently quoting at 29624.85, down 0.81% on the day. The volume in the stock stood at 36.07 lakh shares today, compared to the daily average of 91.92 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 1485.15, down 1.47% on the day. Infosys Ltd jumped 11.66% in last one year as compared to a 6.09% rally in NIFTY and a 14.32% spurt in the Nifty IT index.

The PE of the stock is 29.92 based on TTM earnings ending March 22.

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