Looking to invest in a solid IT stock like Infosys? Read this blog to know more about the blue-chip company’s revenue for Q1 FY2021-22 and see how the INFY stock has performed over the years.
Infosys is the 4th largest company in India by market capitalization. It is an IT company that was founded in 1981. At the time, it went by the name Infosys Consultants Private Limited.
However, it adopted the name Infosys Technologies Limited after going public in 1993 at an offer price of ₹95. Believe it or not, but the Infosys IPO was undersubscribed.
But Morgan Stanley, the US investment bank, intervened and bought 13% of the INFY shares at the offer price. Infosys stock (ticker: INFY) soon debuted at ₹145 (₹944 in 2021), 35% more than its offer price.
Ever since then, the INFY has been known to be reliable and consistent. In fact, Infosys has a CRISIL AAA/Stable/CRISIL A1+ rating. This blog will walk you through the key details of the Infosys stock and help you decide if the Infosys stock is a good buy for you.
The Financials Of Infosys Stock
1. Stock Name: Infosys Ltd (INFY)
2. Share Price: ₹1,723.40*
3. Market Cap: ₹7,35,842 crores ($101.71 billion)
4. Dividend Yield: 1.56
5. Beta: 0.68
6. 52 Week Low: ₹912.10
7. 52 Week High: ₹1,757.00
Fun fact: Infosys has a bigger market cap than Zoom, Booking.com, US Bancorp, Uber, Dell, FedEx, and other US companies.
Infosys Stock Price From 1999 To 2021
Infosys is the 4th largest company in India by market capitalization. It is an IT company that was founded in 1981. At the time, it went by the name Infosys Consultants Private Limited.
However, it adopted the name Infosys Technologies Limited after going public in 1993 at an offer price of ₹95. Believe it or not, but the Infosys IPO was undersubscribed.
But Morgan Stanley, the US investment bank, intervened and bought 13% of the INFY shares at the offer price. Infosys stock (ticker: INFY) soon debuted at ₹145 (₹944 in 2021), 35% more than its offer price.
Ever since then, the INFY has been known to be reliable and consistent. In fact, Infosys has a CRISIL AAA/Stable/CRISIL A1+ rating. This blog will walk you through the key details of the Infosys stock and help you decide if the Infosys stock is a good buy for you.
The Financials Of Infosys Stock
1. Stock Name: Infosys Ltd (INFY)
2. Share Price: ₹1,723.40*
3. Market Cap: ₹7,35,842 crores ($101.71 billion)
4. Dividend Yield: 1.56
5. Beta: 0.68
6. 52 Week Low: ₹912.10
7. 52 Week High: ₹1,757.00
Fun fact: Infosys has a bigger market cap than Zoom, Booking.com, US Bancorp, Uber, Dell, FedEx, and other US companies.
Infosys Stock Price From 1999 To 2021
Fun fact: Infosys is also listed on the New York Stock Exchange (NYSE) under the ticker symbol INFY and is currently trading at $23.79.
How Are Infosys Stock Prices?
INFY has grown by more than ₹1,710 since 1999 with minor short term volatility in periods like the pandemic. The IT giants had paid a dividend of ₹27 per share for the financial year ended March 2021.
Furthermore, Infosys is 4th in India by market cap, only behind other blue-chip companies like Reliance Industries, HDFC Bank, and competitors like Tata Consultancy Services.
Speaking of competitors, Infosys stock has outperformed TCS, HCL, Tech Mahindra, and others. Here’s a snapshot.
Stock
1-Year Returns
5-Year Returns
Infosys
81%
234%
TCS
62%
190%
HCL
64%
197%
Tech Mahindra
96%
207%
It’s evident from the table above that the INFY stock has produced better returns than its competitors. But there’s a lot more to it than that, as you must also look at the financials of INFY before buying it.
Is Infosys Stock A Good Buy?
Infosys falls under the category of blue-chip companies that are generally known to have a stellar track record and consistent performance when it comes to revenue, dividends, and stock price.
Moreover, Infosys’ revenue grew from ₹24,140 crores in the March 2021 quarter to ₹28,518 crores in the June 2021 quarter with the profit also going up from ₹4,272 to ₹5,201 for the same period.
Keeping all of this in mind, it would be tempting for any investor to add INFY to their portfolio. However, just because INFY is a blue-chip stock doesn’t mean it can fulfil your investment goals. There’s more to it. You can consult a Cube wealth coach or download the Cube wealth app.
Does Infosys Stock Fit Into Your Portfolio?
Your investment goals, risk profile, and other factors will determine whether or not you should buy Infosys stock. Bear in mind that Infosys falls under the IT sector, which can experience short term volatility.
Beyond that, you must also evaluate your current portfolio to see if adding INFY can help drive your wealth creation goals. That’s why it's best to talk to a trained financial professional before buying any stock.
Top Ways To Buy Infosys Stock From India
There are three top ways in which you can buy Infosys stock from India. Let’s look at all 3 in greater detail.
1. Mutual Funds
Infosys is a blue-chip stock that several top mutual funds invest in to reap the rewards of the stability, consistency, and growth that the INFY stock offers.
Here’s an example of the best mutual funds in India that have INFY in their portfolio.
Mutual Fund
1-Year Returns
3-Year Returns
5-Year Returns
Motilal Oswal Focused 25 Fund
39.58%
13.08%
14.62%
Axis Focused 25 Fund
48.23%
13.90%
17.80%
HDFC Flexi Cap Fund
58.96%
12.57%
12.84%
Mirae Asset Tax Saver Fund
73.58%
19.76%
21.18%
Mutual funds on the Cube Wealth app are handpicked and curated by Wealth First, Cube’s mutual fund advisor, who has a track record of beating Nifty by 50% over the past decade.
2. On Your Own
DIY investors can buy stocks on their own using a brokerage account. However, you’ll have to do the legwork on your own. This means keeping up with daily price movements and reading financial reports.
FAQs
1. Is it good to buy Infosys stock?
Infosys is a blue-chip company whose stock (INFY) has grown by more than 200% over the past 5 years. INFY stock also pays a dividend that is a source of passive income. However, you must talk to a top-notch financial advisor before investing your money in any direct stock.
2. What is the price of Infosys shares?
Infosys stock (ticker: INFY) is trading at ₹1,723.40 per share as of 26-08-2021.
3. Which stock is better: Infosys or TCS?
Both Infosys and TCS are solid blue-chip companies that are #3 and #4 in India by market capitalization. On one hand, INFY has outperformed TCS in terms of returns over the past 5 years.
On the other hand, TCS had a better revenue in Q1 FY 2021-22 of ₹46,132 than Infosys which reported ₹28,518 crores. Thus, it’s difficult to say which stock is better.
Conclusion
In conclusion, purchasing Infosys stock from India is a viable and accessible option for investors seeking exposure to the Indian IT sector. The key steps to buy Infosys stock from India include opening a Demat and trading account, researching Infosys as a company, funding your trading account, placing buy orders, monitoring your investments, diversifying your portfolio, staying informed about market trends, considering a long-term perspective, managing tax implications, and seeking professional advice when needed. While investing in Infosys can offer potential opportunities, it's crucial to conduct thorough research, maintain a diversified portfolio, and make informed decisions aligned with your financial goals and risk tolerance.
Note:
Facts & figures are true as of 26-08-2021. All information mentioned is for educational purposes and relies on publicly available information. None of the information shared here is to be construed as investment advice. We strongly recommend you consult a Cube Wealth coach before investing your money in any stock, mutual fund. PMS or alternative asset.
on stock picking, poring over excel sheets, financial news, analyzing market trends, tracking the Sensex, researching company fundamentals, comparing mutual funds, reading financial reports, trying to predict the future & losing your sanity!
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