Monthly Stock Report :- INFOSYS

ABOUT INFOSYS

Infosys is a global leader in technology services and consulting. They enable clients in 45 countries to create and execute strategies for their digital transformation. From engineering to application development, knowledge management and business process management, they help our clients find the right problems to solve, and to solve these effectively. Their team of 198,000+ innovators, across the globe, is differentiated by the imagination, knowledge and experience, across industries and technologies that bring to every project they undertake.

Fundamental Analysis 

Infosys Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 238519.78 Crore) operating in Information Technology sector.

Infosys Ltd. key Products/Revenue Segments include Software Development Charges which contributed 99.94 % of Total Sales and Software Products which contributed 0.05 % of Total Sales for the year ending 31-Mar-2017.

• For the quarter ended 30-09-2017, the company has reported a Consolidated sales of Rs 17567.00 Cr, up 2.86 % from last quarter Sales of Rs 17078.00 Cr and up 1.48 % from last year same quarter
• Gross profit margin of the company is 24.67%
• Return from equity is 20.80% whereas peer average is 3.03%
• Net operating margin is 20.95%
• Promoters stake in the company is 12.75%

Fundamentals
Market cap	Rs. 238519.78 cr.
Face value	Rs. 5
Book value	Rs. 300.33
EPS	Rs. 63.21
52 Week H/L	Rs. 1044.80/ 860.00
Dividend Payout	515%
Listed at	NSE/BSE
P/E Ratio	16.62
Industry P/E	20.16

Technical Analysis

The stock had recently break its 52 week high of 1042.90 on 22-Dec-2017 and also break its price range zone which started from 23rd of October 2016 and now trading at very crucial level. On weekly chart stock is trading above its 200 days moving average and MACD has shown positive crossover on weekly chart. After 4 attempts in a year stock has finally manage to break its channel and 52 week high. Now stock is at its very crucial level we still have to wait for breakout which is above the level of 1045.

• Channel breakout will be considered above the level of 1045
• MACD has given upward cross over on weekly charts
• RSI is placed at 62.88 level

Technically, the stock may move up above the levels of 1045 it could test the levels of 1085-1150 in the next month. Technical stop loss should be at 996.

Supports and Resistance (Monthly)

Resistance 1-      1045                  Support 1-999

Resistance 2-      1090                  Support 2-955

Resistance 3-      1155                   Support 3-900

INFOSYS WEEKLY CHART

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