Infosys Limited is an Indian multinational information technology company that provides business consulting, information technology and outsourcing services. The company was founded in Pune and is headquartered in Bangalore.[5] Infosys is the second-largest Indian IT company after Tata Consultancy Services by 2020 revenue figures and the 602nd largest public company in the world according to Forbes Global 2000 ranking.[6] On 29 July 2021, its market capitalisation was $93.68 billion.[7] The credit rating of the company is CRISIL AAA / Stable / CRISIL A1+ (rating by CRISIL. Infosys was founded by seven engineers in Pune, Maharashtra, India with an initial capital of $250 in 1981.[9] It was registered as Infosys Consultants Private Limited on 2 July 1981.[10] In 1983, it relocated its office to Bangalore, Karnataka, India. The company changed its name to Infosys Technologies Private Limited in April 1992 and to Infosys Technologies Limited when it became a public limited company in June 1992. It was later renamed to Infosys Limited in June 2011. An initial public offering (IPO) was floated in February 1993 with an offer price of ₹95 (equivalent to ₹550 or US$7.80 in 2019) per share against a book value of ₹20 (equivalent to ₹120 or US$1.60 in 2019) per share. The IPO was undersubscribed but it was “bailed out” by US investment bank Morgan Stanley, which picked up a 13% equity stake at the offer price.[12] Its shares were listed in June 1993 with trading opening at ₹145 (equivalent to ₹850 or US$12 in 2019) per share.
Script Name –INFOSYS
Expire Date-AUGUST
Strike Price-1660 CE
Buy Price –19
Profit Target-38
Stop Loss-16
Call Duration-SHORT TERM
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