Infosys Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 573148.84 Crore) operating in IT Software sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 26538.00 Crore, up 5.56 % from last quarter Total Income of Rs 25140.00 Crore and up 10.95 % from last year same quarter Total Income of Rs 23919.00 Crore. Company reported net profit after tax of Rs 5215.00 Crore in latest quarter.
Investment Rationale
After making a swing top around 1400, Infy started to consolidate and make a base around 1250 – 1200 levels and formed a lower swing top at 1350.Infy has now broken above the same and seems to be heading towards its earlier highs.
Promoter/FII Holdings
Promoters held 13.2 per cent stake in the company as of June 30, 2020, while FIIs held 30.5 per cent, DIIs 25.4 per cent and public and others 31 per cent.
