Infosys Technical Analysis

Name : Infosys Limited

NSE Symbol : INFY | BSE Code : 500209

Sector : Information Technology – IT Services and Consulting

Dear Investors,

Infosys Limited was established in 1981 and is headquartered in Bengaluru. It is a global technology consulting and digital services company operating across multiple international markets. Its major offerings include software development cloud computing artificial intelligence cybersecurity data analytics and business consulting. Revenue is generated through technology contracts outsourcing digital transformation projects and long-term enterprise relationships.

The company is expanding its artificial intelligence capabilities and digital platforms to address enterprise technology requirements and emerging business opportunities.

Market trend :

On 6 November 2026 Infosys opened at ₹1182.80 compared with its previous close of ₹1167.40 indicating a positive opening. The stock touched an intraday high of ₹1198.80 and a low of ₹1163.00 before closing at ₹1181.40 with a gain of 1.20%. However the Nifty 50 advanced 2.01% during the same session indicating relative underperformance. The share closed below its intraday midpoint despite recovering from the day's low. Trading activity remained substantial with approximately 1.53 crore shares traded.

Financial Performance :

During FY2026 Infosys reported consolidated revenue of ₹178650 crore compared with ₹162990 crore in FY2025 representing 9.6% annual growth. Net profit attributable to shareholders increased to ₹29440 crore from ₹26713 crore. Operating profit reached ₹36254 crore while basic EPS improved to ₹71.58. The financial performance reflected continued business expansion and demand for digital transformation services.

In Q2 FY2027 revenue increased 10.7% year-on-year to ₹49244 crore while operating profit reached ₹10330 crore. Net profit increased 6.2% to ₹7823 crore and basic EPS stood at ₹19.32. Operating margin remained at 21%. The share advanced 1.20% during the latest session with approximately 1.53 crore shares traded.

Technical Analysis :

The share closed at ₹1181.40 against its 52-week high of ₹1728 and low of ₹980.40. RSI stood at 60.6 indicating positive momentum. MACD was positive at 26.3 against its signal line of 24.5. The price remained above its 50-day moving average of ₹1088.10 but below its 200-day average of ₹1204.10. ADX stood at 17 indicating a relatively weak trend strength. The indicators suggest short-term recovery within a broader cautious structure. Fibonacci and Gann projections require separate chart validation.

Effecting Factors :

Global technology spending across the US Europe China and Japan remains important for Infosys because international clients contribute significantly to revenue. Currency movements particularly the US dollar against the Indian rupee influence reported earnings. Crude oil and commodity fluctuations can indirectly affect global business confidence and operating costs. Domestically Nifty 50 gained 2.01% on 6 November while broader market sentiment improved. FII and DII activity and India VIX remain relevant indicators of market conditions. Company-specific factors include Q2 revenue growth of 10.7% net profit growth of 6.2% and stable operating margins of 21%. Artificial intelligence adoption cloud transformation cybersecurity demand employee costs and competitive pricing remain important determinants of future performance.

Risk factor :

Key risks include reduced international technology spending currency fluctuations pricing pressure and delayed client projects. Artificial intelligence may disrupt traditional outsourcing models and require additional investment. Competition for digital transformation contracts and employee retention costs may affect operating margins and future earnings.

Recommendation : Neutral Editorial Assessment – No Buy / Sell / Hold Recommendation.

Analysis Date : 7 November 2026 | Saturday