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Infosys Ltd soars 0.75%, up for fifth straight session
(13:00, 16 Sep 2020)

Infosys Ltd gained for a fifth straight session today. The stock is quoting at Rs 989.8, up 0.75% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.42% on the day, quoting at 11570.45. The Sensex is at 39237.39, up 0.49%. Infosys Ltd has risen around 3.37% in last one month.

Meanwhile, Nifty IT index of which Infosys Ltd is a constituent, has risen around 7.86% in last one month and is currently quoting at 19627.3, up 0.15% on the day. The volume in the stock stood at 46.13 lakh shares today, compared to the daily average of 81 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 989.35, up 0.62% on the day. Infosys Ltd is up 19.07% in last one year as compared to a 6.96% spurt in NIFTY and a 25.79% spurt in the Nifty IT index.

The PE of the stock is 26.17 based on TTM earnings ending June 20.

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