−40% from the high · +5.6% from the low
Long build-up into a 26-day expiry: futures OI +3.8% on a +4.1% day, the most call OI sits at 1,040, the most put OI at 1,000, max pain 1,020.
INFY futures closed at ₹1,038.20, +0.3% to spot, with 98% of open interest in the 27 Oct contract, and the 1,040 straddle prices a move of about ±7.9% by expiry.
| Expiry | Close ₹ | Basis ₹ · % | Annualised % | OI lots · on the day | Share of OI % | Contracts traded |
|---|---|---|---|---|---|---|
| 27 Oct26 days | ₹1,038.20 | +3.20+0.3% | +4.3% | 1.9 L▲ +4.2% · +7,700 lots | 98 | 54,000 |
| 23 Nov53 days | ₹1,040.25 | +5.25+0.5% | +3.5% | 4,700▼ −9.9% · −520 lots | 2.4 | 1,800 |
| 29 Dec89 days | ₹1,044.90 | +9.90+1.0% | +3.9% | 140▲ +24.6% · +28 lots | 0.07 | 290 |
2.5% of futures OI sits beyond the 27 Oct contract · 46 of 47 listed contracts traded · 2.1 L option contracts changed hands
The 1,040 straddle closed at ₹81.95 (call 39.80 + put 42.15), pricing a move of about ±7.9% by the 27 Oct expiry. In the last 253 windows of 19 sessions, INFY moved more than that 81 times.
After the last 8 bulletins, INFY closed higher five sessions later in 1 of 7.
| Bulletin | Day of the news | 1 session later | 5 sessions later | Futures OI on the day |
|---|---|---|---|---|
| 29 SeptInfosys may lower FY27 revenue guidance in Q2 earnings | ▼ −2.1%Nifty −0.4% · −1.7 pp | ▲ +1.9%Nifty −1.3% · +3.2 pp | —not reached | ▲ +0.9%short build-up |
| 23 SeptStock markets rebound amid easing crude oil prices | ▼ −0.6%Nifty −1.6% · +1.1 pp | ▼ −2.0%Nifty −1.3% · −0.7 pp | ▲ +1.4%Nifty −4.4% · +5.8 pp | ▼ −2.7%long unwinding |
| 20 SeptSensex, Nifty open lower amid geopolitical tensions | ▼ −1.2%Nifty +0.3% · −1.5 pp | ▼ −2.1%Nifty −0.1% · −2.0 pp | ▼ −4.6%Nifty −2.4% · −2.2 pp | ▲ +1.5%short build-up |
| 19 SeptInfosys shares drop 50% amid growth concerns | ▼ −1.2%Nifty +0.3% · −1.5 pp | ▼ −2.1%Nifty −0.1% · −2.0 pp | ▼ −4.6%Nifty −2.4% · −2.2 pp | ▲ +1.5%short build-up |
| 17 SeptInfosys to announce Q2 results, expands Indore development centre | ▼ −0.7%Nifty +0.3% · −1.0 pp | ▼ −1.9%Nifty +0.6% · −2.5 pp | ▼ −5.5%Nifty −0.6% · −5.0 pp | ▲ +0.7%short build-up |
| 17 SeptInfosys to announce Q2 results, expands Indore development centre | ▼ −0.1%Nifty +0.2% · −0.4 pp | ▼ −0.8%Nifty +0.6% · −1.4 pp | ▼ −4.3%Nifty −0.7% · −3.6 pp | ▼ −0.3%long unwinding |
| 15 SeptIT stocks lead Nifty's gap-up amid crude and Fed concerns | ▼ −1.6%Nifty +0.4% · −2.0 pp | ▼ −1.7%Nifty +0.7% · −2.4 pp | ▼ −5.3%Nifty +1.4% · −6.7 pp | ▼ −0.4%long unwinding |
| 19 AugSensex declines 493 points on rising crude oil prices | ▲ +0.9%Nifty +0.6% · +0.3 pp | ▲ +0.1%Nifty +0.7% · −0.6 pp | ▼ −0.8%Nifty +0.1% · −0.8 pp | ▼ −1.3%short covering |
Revenue ₹48,211 cr, +14% on a year earlier; profit ₹7,775 cr, +12% in the Jun 2026 quarter, consolidated.
| Quarter | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ | Market on the day |
|---|---|---|---|---|---|---|
| Jun 2026filed 23 Jul · audited | ₹48,211 cr | ▲ +14% | ₹7,775 cr | ▲ +12% | 19.17 | ▼ −0.6%Nifty −0.4% · −0.2 pp |
| Mar 2026filed 23 Apr · audited | ₹46,402 cr | ▲ +13% | ₹8,509 cr | ▲ +21% | 20.98 | ▼ −6.9%Nifty −1.1% · −5.8 pp |
| Dec 2025filed 14 Jan · audited | ₹45,479 cr | ▲ +8.9% | ₹6,666 cr | ▼ −2.3% | 16.14 | ▲ +5.6%Nifty +0.1% · +5.5 pp |
| Sept 2025filed 16 Oct · audited | ₹44,490 cr | ▲ +8.6% | ₹7,375 cr | ▲ +13% | 17.74 | ▼ −2.1%Nifty +0.5% · −2.6 pp |
| Jun 2025filed 23 Jul · audited | ₹42,279 cr | ▲ +7.5% | ₹6,924 cr | ▲ +8.6% | 16.68 | ▼ −1.4%Nifty −0.6% · −0.8 pp |
| Mar 2025filed 17 Apr · audited | ₹40,925 cr | ▲ +7.9% | ₹7,038 cr | ▼ −12% | 16.94 | ▲ +2.2%Nifty +1.1% · +1.1 pp |
| Dec 2024filed 16 Jan · audited | ₹41,764 cr | ▲ +7.6% | ₹6,822 cr | ▲ +12% | 16.39 | ▼ −5.9%Nifty −0.5% · −5.4 pp |
| Sept 2024filed 17 Oct · audited | ₹40,986 cr | ▲ +5.1% | ₹6,516 cr | ▲ +4.8% | 15.68 | ▼ −4.5%Nifty +0.4% · −4.9 pp |
| Year | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ |
|---|---|---|---|---|---|
| FY26to Mar 2026 | ₹1,78,650 cr | ▲ +9.6% | ₹29,474 cr | ▲ +10% | 71.54 |
| FY25to Mar 2025 | ₹1,62,990 cr | ▲ +6.1% | ₹26,750 cr | ▲ +1.9% | 64.36 |
| FY24to Mar 2024 | ₹1,53,671 cr | — | ₹26,248 cr | — | 63.30 |
INFY trades at 14 times trailing earnings against 17 for its industry, 4.5 times book value, revenue +11% over twelve months, a 9.3% dividend yield, market cap ₹4,20,000 cr.
| Stock | Market cap ₹ | P/E | P/B | Close ₹ |
|---|---|---|---|---|
| TCSTata Consultancy Services Limited | 7,50,000 cron 1 Oct | 15consolidated | 6.9 | ₹2,075.00 |
| INFYInfosys Limited | 4,20,000 cron 1 Oct | 14consolidated | 4.5 | ₹1,035.00 |
| HCLTECHHCL Technologies Limited | 3,40,000 cron 1 Oct | 19consolidated | 4.5 | ₹1,243.10 |
| WIPROWipro Limited | 1,60,000 cron 1 Oct | 13consolidated | 1.8 | ₹159.35 |
| TECHMTech Mahindra Limited | 1,50,000 cron 1 Oct | 27consolidated | 5.0 | ₹1,533.00 |
| LTMLTM Limited | 1,20,000 cron 1 Oct | 23consolidated | 4.9 | ₹4,007.00 |
| PERSISTENTPersistent Systems Limited | 85,000 cron 1 Oct | 44consolidated | 11 | ₹5,367.00 |
| COFORGECoforge Limited | 81,000 cron 1 Oct | 37consolidated | 8.4 | ₹1,826.00 |
| MPHASISMphasiS Limited | 43,000 cron 1 Oct | 23consolidated | 4.0 | ₹2,250.20 |
| HEXTHexaware Technologies Limited | 30,000 cron 1 Oct | — | 4.5 | ₹490.45 |
| TATAELXSITata Elxsi Limited | 19,000 cron 1 Oct | 29standalone | 6.3 | ₹3,092.80 |
| KPITTECHKPIT Technologies Limited | 13,000 cron 1 Oct | 23consolidated | 3.8 | ₹492.00 |
| FRACTALFractal Analytics Limited | 13,000 cron 1 Oct | — | 4.0 | ₹727.35 |
| RATEGAINRategain Travel Technologies Limited | 10,000 cron 1 Oct | — | 5.0 | ₹840.65 |
| ZENSARTECHZensar Technologies Limited | 9,900 cron 1 Oct | — | 2.1 | ₹434.35 |
| INTELLECTIntellect Design Arena Limited | 8,600 cron 1 Oct | — | 2.7 | ₹610.95 |
| BSOFTBIRLASOFT LIMITED | 7,500 cron 1 Oct | — | 1.8 | ₹269.75 |
| SONATSOFTWSonata Software Limited | 7,100 cron 1 Oct | — | 3.7 | ₹254.05 |
| NEWGENNewgen Software Technologies Limited | 6,500 cron 1 Oct | — | 3.7 | ₹456.35 |
| LATENTVIEWLatent View Analytics Limited | 4,900 cron 1 Oct | — | 2.7 | ₹234.50 |
| MASTEKMastek Limited | 4,800 cron 1 Oct | — | 1.6 | ₹1,555.60 |
| HAPPSTMNDSHappiest Minds Technologies Limited | 4,600 cron 1 Oct | — | 2.8 | ₹304.70 |
| 63MOONS63 moons technologies limited | 3,700 cron 1 Oct | — | 1.0 | ₹802.25 |
| AURIONPROAurionpro Solutions Limited | 3,400 cron 1 Oct | — | 1.9 | ₹607.80 |
| SAKSOFTSaksoft Limited | 1,800 cron 1 Oct | — | 2.4 | ₹139.35 |
| SILVERTUCSilver Touch Technologies Limited | 1,800 cron 1 Oct | — | 10 | ₹138.70 |
| ACCELYAAccelya Solutions India Limited | 1,600 cron 1 Oct | — | 6.5 | ₹1,094.20 |
| NINSYSNINtec Systems Limited | 1,500 cron 1 Oct | — | 16 | ₹804.65 |
| MCLOUDMagellanic Cloud Limited | 1,400 cron 1 Oct | — | 2.1 | ₹24.25 |
| INFOBEANInfoBeans Technologies Limited | 1,400 cron 1 Oct | — | 3.4 | ₹143.60 |
| XCHANGINGXchanging Solutions Limited | 670 cron 1 Oct | — | 1.7 | ₹59.75 |
| SOFTTECHSofttech Engineers Limited | 660 cron 1 Oct | — | 3.9 | ₹474.30 |
| INNOVANAInnovana Thinklabs Limited | 600 cron 1 Oct | — | 2.1 | ₹290.20 |
| KSOLVESKsolves India Limited | 570 cron 1 Oct | — | 19 | ₹241.15 |
| CSMCSM Technologies Limited | 490 cron 1 Oct | — | 4.7 | ₹94.25 |
| MINDTECKMindteck (India) Limited | 480 cron 1 Oct | — | 1.6 | ₹150.95 |
| XTGLOBALXtglobal Infotech Limited | 380 cron 1 Oct | — | 1.8 | ₹28.70 |
| TREJHARATREJHARA SOLUTIONS LIMITED | 320 cron 1 Oct | — | 1.1 | ₹131.65 |
| DRCSYSTEMSDRC Systems India Limited | 190 cron 1 Oct | — | 1.7 | ₹13.00 |
| EMPOWEREmpower India Limited | 180 cron 1 Oct | — | — | ₹1.55 |
| TRIGYNTrigyn Technologies Limited | 160 cron 1 Oct | — | 0.20 | ₹51.80 |
| SECMARKSecMark Consultancy Limited | 140 cron 1 Oct | — | 6.1 | ₹137.50 |
| RSSOFTWARER. S. Software (India) Limited | 78 cron 1 Oct | — | 2.5 | ₹30.05 |
| CGVAKCG Vak Software & Exports Limited | 74 cron 1 Oct | — | — | ₹147.25 |
| CURAACura Technologies Limited | 72 cron 17 Sept | — | 11 | ₹72.95 |
| ORCHASPOrchasp Limited | 44 cron 1 Oct | — | 0.36 | ₹1.30 |
| QUINTEGRAQuintegra Solutions Limited | 3.6 cron 1 Oct | — | — | ₹1.35 |
| 3IINFOLTD3i Infotech Limited | — | — | — | — |
| CALSOFTCalifornia Software Company Limited | — | — | — | — |
| CTECambridge Technology Enterprises Limited | — | — | — | — |
| CYBERTECHCybertech Systems And Software Limited | — | — | — | — |
| EQUIPPPEquippp Social Impact Technologies Limited | — | — | — | — |
Promoters hold 13.8%, foreign portfolio investors 27.1%, mutual funds 23.0% and insurance companies 16.2%, as filed for the quarter to 30 Jun.
| Category | 30 Jun | 31 Mar | 31 Dec | 4 Dec | 30 Sept |
|---|---|---|---|---|---|
| Promoters | 13.82▼ −0.56 pp | 14.38▼ −0.14 pp | 14.52▼ −0.03 pp | 14.55▲ +0.25 pp | 14.30 |
| Foreign portfolio investors | 27.09▼ −1.36 pp | 28.45▼ −1.81 pp | 30.26▲ +0.69 pp | 29.57▼ −0.50 pp | 30.07 |
| Mutual funds | 23.00▼ −0.50 pp | 23.50▲ +1.38 pp | 22.12▼ −0.56 pp | 22.68▼ −0.05 pp | 22.73 |
| Insurance companies | 16.20▲ +0.17 pp | 16.03▲ +0.40 pp | 15.63▲ +0.10 pp | 15.53▼ −0.15 pp | 15.68 |
| Banks and financial institutions | 3.76▼ −0.08 pp | 3.84▲ +0.33 pp | 3.51▲ +0.04 pp | 3.47▲ +0.24 pp | 3.23 |
| Individual investors | 14.19▲ +1.61 pp | 12.58▲ +0.10 pp | 12.48▼ −0.22 pp | 12.70▲ +0.03 pp | 12.67 |
| Bodies corporate | 0.54▲ +0.09 pp | 0.45▲ +0.02 pp | 0.43▼ −0.07 pp | 0.50▲ +0.02 pp | 0.48 |
| Government | 0.020.00 pp | 0.020.00 pp | 0.020.00 pp | 0.020.00 pp | 0.02 |
| Other foreign holders | 0.34▲ +0.23 pp | 0.11▼ −0.09 pp | 0.20▼ −0.15 pp | 0.35▲ +0.19 pp | 0.16 |
| Others | 1.04▲ +0.40 pp | 0.64▼ −0.19 pp | 0.83▲ +0.20 pp | 0.63▼ −0.03 pp | 0.66 |
Nothing upcoming on record; the board meets for results on 23 Oct 2026.
| Ex-date | Action | Amount or ratio | Record date | Source |
|---|---|---|---|---|
| recent | ||||
| 10 Jun 2026 | dividend | ₹25.00 | 10 Jun 2026 | BSE |
| 14 Nov 2025 | buyback | — | 14 Nov 2025 | BSE |
| 27 Oct 2025 | dividend | ₹23.00 | 27 Oct 2025 | BSE |
| 30 May 2025 | dividend | ₹22.00 | 30 May 2025 | BSE |
| 29 Oct 2024 | dividend | ₹21.00 | 29 Oct 2024 | BSE |
| 31 May 2024 | dividend | ₹8.00 | 31 May 2024 | BSE |
| 25 Oct 2023 | dividend | ₹18.00 | 25 Oct 2023 | BSE |
INFY is −9.2% over 20 sessions against Nifty's −6.2%, 40% below its 52-week high, realised volatility 32% annualised.
| Window | From ₹ | INFY % | Nifty 50 % | Difference pp |
|---|---|---|---|---|
| 250 sessionssince 26 Sept | ₹1,448.97 | ▼ −29% | ▼ −9.1% | −20 |
| 120 sessionssince 9 Apr | ₹1,331.53 | ▼ −22% | ▼ −5.7% | −17 |
| 60 sessionssince 8 Jul | ₹1,069.33 | ▼ −3.2% | ▼ −6.1% | +2.9 |
| 20 sessionssince 2 Sept | ₹1,139.99 | ▼ −9.2% | ▼ −6.2% | −3.0 |
| 5 sessionssince 24 Sept | ₹1,014.51 | ▲ +2.0% | ▼ −2.8% | +4.8 |
| 1 sessionsince 30 Sept | ₹994.14 | ▲ +4.1% | ▼ −0.88% | +5.0 |
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