Infosys Sees Increased Investor Activity Amid Underperformance in IT Sector

Infosys Ltd, a prominent player in the IT software industry, has been one of the most active equities today, with a total traded volume of 1,868,961 shares and a total traded value of approximately Rs 29,863.38 lakhs. The stock opened at Rs 1,609.0 and reached a day high of Rs 1,612.2, while it also touched an intraday low of Rs 1,582.0. As of the latest update, the last traded price (LTP) stands at Rs 1,593.3.
Despite its activity, Infosys underperformed the sector, recording a 1D return of -2.13%, compared to the sector's decline of -1.10% and the Sensex's drop of -0.59%. The stock's performance is noteworthy as it remains above its 5-day, 20-day, and 50-day moving averages, although it is below the 100-day and 200-day moving averages.

Investor participation has seen a significant rise, with delivery volume on May 12 reaching 67.6 lakhs, marking an increase of 102.42% against the 5-day average. Additionally, Infosys boasts a high dividend yield of 3.01% at the current price, and its liquidity remains robust, accommodating trade sizes of Rs 0.46 crore based on 2% of the 5-day average traded value. Overall, Infosys continues to exhibit notable activity in the market, reflecting its established position within the large-cap segment.