Infosys Limited (INFY) : Infosys Limited (INFY) had a healthy money flow of $1.58 million into the stock during the Mondays trading session. The value of bullish trades on upticks was $13.89 million, whereas, investors only sold shares worth $12.31 million on downticks. The stock closed the day with an up-down ratio of 1.13.The money flow in the block trades to the tune of $1.83 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $2.01 million worth of transactions were on upticks. A paltry $0.19 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 10.84. Infosys Limited (INFY) stock slid $0.06 intraday and traded at 16.75, a change of -0.36% over previous days close. However, for the week, the company shares are -6.11% compared to previous weeks close.
Infosys Limited has dropped 11.85% during the last 3-month period . Year-to-Date the stock performance stands at 1.51%. Infosys Limited has lost 7.23% in the last five trading days and dropped 7.79% in the last 4 weeks.
Infosys Limited (NYSE:INFY): stock turned positive on Monday. Though the stock opened at $16.76, the bulls momentum made the stock top out at $16.856 level for the day. The stock recorded a low of $16.52 and closed the trading day at $16.82, in the green by 0.06%. The total traded volume for the day was 6,500,469. The stock had closed at $16.81 in the previous days trading.
Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services. The Companys solutions include application development and maintenance, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; Management Consulting, enterprise solutions and package implementation, systems integration and business intelligence; Products, business platforms and solutions, and technologies, such as cloud computing, enterprise mobility, digital, big data and analytics. Its segments are Financial Services and Insurance, Manufacturing, Energy and utilities, Communication and Services, Retail, Consumer packaged goods and Logistics, Life Sciences and Healthcare, and Growth Markets.