Do you know, Infy Share Price Amazingly Tripled in just 1 Year.
In 2020 when the pandemic hit, Infosys share price collapse. However, it showed strength, and from nearly 500 it recovers well and hit 1500+ in just one year or so.
Infosys share price is trading at an all-time high now. Moreover, the sky is the limit for a stock like Infosys.
We all know, Infy is an IT giant.
At the time of writing this post, I found that the Piotroski Score of Infosys is 9.
Piotroski’s Score of 9 shows strength and stability in a company.
More Investment Ideas:
Tata Motors Share Price Gained Insanely By 464%. What Next?
Multibagger Stock Suzlon Can Make Your 1 Lakh into 21 Lakhs
Infy Share Price History
Infosys was founded by NR Narayana Murthy and six engineers in Pune with an initial capital of fewer than Twenty Thousand Rupees.
If you had invested Rs. 10,000 at the time Infosys listing in NSE that could have turned you into a Millionaire now.
Should You Hold Infosys Share or Exit?
In the past, Infosys faces some kind of drawdown in business.
In fact, every business face such kind of situation. It could be due to any reason.
Macro and micro issues like tightening foreign policy, corporate governance, management change, and others affect businesses.
Most analysts advise us to hold on to Infosys for the long term. Infosys stock price gain amazingly in the past year.
In fact, momentum is still there and looks strong in the chart. Infosys fundamentals are very strong.
Will Infosys Share Price Increase More?
Today’s Infosys share price was trading at around 1560 levels which is just below its lifetime high.
Past few days, Infosys stock price was hovering around the upper zone.
So, I am looking forward to buying some shares of Infosys if it gives a breakout on the upside.
In case, it gives a breakdown then I will wait for it to come to my favorable zone which will be near the trendline.
Latest News on Infosys Share
July 15, 2021
- Infosys announced Newspaper Advertisement Pertaining To Financial Results Of Q1 FY 2022
- Infosys announced Report Of Auditors On Financial Statements For The Quarter Ended June 30, 2021, With UDIN
This Post Has 2 Comments
Join our Telegram Channel for Intraday, Swing & Long-Term Ideas: https://t.me/akmecoin