Overview

-Infosys stock increased by about 0.45% on December 17. Its stock touched the highest level of Rs. 1,605 and the lowest level of Rs. 1,586. This indicates cautious buying.

The stock has depreciated approximately 19% in the last one-year period; however, in the latest periods, there seem to be small gains.

Most brokerage houses continue to hold Infosys stocks to buy or outperform with a target price of Rs. 1,810 based on their sound fundamentals and cash flows.

Infosys share price today showed marginal gains at press time, signaling hope and optimism in the overall information technology industry. The stock touched a mid-session level of around Rs. 1,600.10 when it moved 0.45% higher above its previous close at Rs. 1,587.20, keeping a restricted range amid a high of Rs. 1,604.80 and a low of Rs. 1,586.

Despite the current uptrend, the company has found it difficult to sustain momentum. With a negative one-year return of about 19%, Infosys stock is reflecting the concerns in the IT sector amidst a slowdown. However, trends in the last year indicate relative stability in its performance with positive one-week and three-month returns at 5.4%. Here’s an overview of Infosys share price analysis based on Moneycontrol data. 

Trading Activity and Valuation 

Trading volumes were over 2 million, lower than the 20-day average volume of 8 million shares. The VWAP for the stock was recorded to be Rs. 1,598.23, close to the current market price. Infosys stock has a strong market presence with a market capitalization of about Rs. 6.5 lakh crores. The stock also has a dividend yield of 2.69%, making it a good buy amid market volatility.

Infosys shares remain priced prudently relative to its sector peers. The stock’s P/E ratio is at 23, compared to its sector average of 30.12. Thus, in terms of PE multiple, Infosys is an attractive investment opportunity. Its earnings per share (TTM) is currently at around Rs. 69, courtesy of its improved operating efficiency.

Infosys share price chart on TradingView shows gains of 0.78%:

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Technical Levels and Volatility

Technically, Infosys share price is charting close to important resistances. The stock faces initial resistance close to Rs. 1,602-Rs. 1,611, and better breakout points might open up if it holds above Rs. 1,620. The stock faces support at Rs. 1,585, followed by a sturdy support base at Rs. 1,576.

Beta value of the stock is quite low, thus it signifies that the stock is less volatile than the market. Hence, the stock is defensive in the IT segment, especially when there are fluctuating currencies and global uncertainties.

Brokerage Views

Most analysts have positive opinions about Infosys stock. Using Moneycontrol data from 45 analysts, the stock got a ‘buy’ and ‘outperform’ ratings. Choice Equity Broking gave Infosys share price a target of Rs. 1,810, indicating an upside potential of above 13% from current market levels.

Also Read: Which Chip Stock Could Lead the Market in 2026?

Market Outlook

Though there is short-term volatility, looking at the macro-economic challenges, the company is still reaping the benefits of having a strong balance sheet and being at the pinnacle of digital services. Analysts and investors would be closely watching the company’s next earnings. However, Infosys continues to be a strong fundamental stock with good prospects for patient investors.

FAQs

1. Why is Infosys stock price close to Rs. 1,600?

Infosys is currently trading close to Rs. 1,600, driven by consistent buying support and cautious optimism surrounding IT stocks. Though concerns about demands remain, the stock is backed by stable earnings, low volatility, and positive brokerage recommendations.

2. Would Infosys make a good investment for the long term?

Infosys is still one of the best long-term investment opportunities because of its sound balance sheet and cash flows. But investors need to have patience because in the short term, its performance is linked with IT spending patterns.

3. What do valuation metrics indicate about Infosys stock?

The stock trades at a lower P,E ratio of 23, which is lower than the peer group average of the IT industry. This makes the stock reasonably priced and may offer superior risk-adjusted returns in the IT space.

4. What price levels should investors watch out for? 

The stock faces immediate resistance at Rs. 1,602-Rs. 1,611 levels. Above Rs. 1,620 levels, further upside will follow. On the downside, support comes at levels of Rs. 1,585 and Rs. 1,576.

5. What is the analyst's target price of Infosys?

The target price for Infosys has been fixed at Rs. 1,810 by Choice Equity Broking. This shows a potential upside of over 13%. Nearly all analysts hold a positive stance based on strong fundamentals.