Infosys Underperforms Wednesday When Compared To Competitors

Dow Jones

Dec 04, 2024

This article was automatically generated by MarketWatch using technology from Automated Insights.

Infosys Ltd. shares inched down 0.06% to 1,890.30 Indian rupees Wednesday, on what proved to be an all-around positive trading session for the stock market, with the BSE SENSEX Index rising 0.14% to 80,956.33.

Infosys Ltd. closed 100.60 rupees short of its 52-week high (1,990.90 rupees), which the company achieved on October 15.

The stock underperformed when compared to some of its competitors Wednesday, as Tata Consultancy Services Ltd. rose 1.20% to 4,354.40 rupees and Wipro Ltd. rose 0.81% to 294.00 rupees.

Trading volume (60,103) remained 176,376 below its 50-day average volume of 236,479.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

December 04, 2024 05:31 ET (10:31 GMT)

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