Jul. 22 at 9:33 AM
$INFY.NSE
Fundamental View-
$INFOSYS Ltd. is one of India’s leading IT services and consulting companies, known for its global presence, strong corporate governance, and consistent financial performance. It provides a wide range of services including digital transformation, cloud computing, AI, enterprise application services, and business process management. As of FY24, the
$COMPANY reported revenue of ₹1.56 lakh crore and a net profit of around ₹26,200 crore, maintaining healthy margins and strong cash reserves. Infosys maintains a high return on equity (ROE) of over 30% and a debt-free balance sheet, which adds to its financial stability.
The
$COMPANY’s order book remains strong, with a solid pipeline in digital and automation services, particularly from North America and Europe.
With a dividend-paying track record and leadership in the IT sector, Infosys continues to be a favourite among long-term investors.
Technical View-
Based on the daily chart,
$INFOSYS (INFY) is currently showing technical weakness ahead of its Q1 results scheduled for 23 July. The
$STOCK has broken below its short-term moving averages, with Parabolic SAR dots appearing above the price and a negative MACD crossover confirming a loss of momentum.
The RSI at 41.15 indicates declining strength, though it hasn’t entered oversold territory yet.
Macroeconomic uncertainty — particularly from the US and BFSI sectors — continues to weigh on large-cap IT companies, including Infosys.
While the
$COMPANY has attempted to protect margins through cost optimization and large deal wins, muted top-line growth remains a concern.
On the positive side, stable margins, a strong deal pipeline, and
$CURRENCY tailwinds (INR depreciation) may offer some support.
The price action reflects a lower-high, lower-low structure, suggesting a short-term downtrend.
A breakdown below ₹1580 could lead to further downside towards ₹1550–1540, while the ₹1600–1610 zone now acts as immediate resistance. With earnings due tomorrow, traders should expect volatility, and a decisive view will likely emerge post-results.
Long-term investors may consider accumulating on
$DIPS, but fresh entries are best timed after clarity from Q1 performance.
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