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Infosys (INFY) Enters Oversold Territory, RSI Reading of 29.6.
ByAinvest
Thursday, Jul 31, 2025 5:30 pm ET1min read
Infosys Ltd. (INFY) shares have entered oversold territory with an RSI reading of 29.6, after hitting a low of $16.73 per share. The recent heavy selling may be exhausting, making it a potential entry point for bullish investors. INFY's 52-week range is $15.82 to $23.63, with the last trade at $16.71.
Infosys Ltd. (INFY) shares have entered oversold territory, with a Relative Strength Index (RSI) reading of 29.6, following a significant drop to $16.73 per share. This recent heavy selling may indicate an exhaustion of bearish sentiment, presenting a potential entry point for bullish investors. INFY's 52-week range is $15.82 to $23.63, with the last trade at $16.71 [1].The company's aggressive hiring strategy, which includes plans to recruit 20,000 fresh graduates by the end of the fiscal year, suggests a strong focus on growth and expansion. Infosys added 17,000 employees in the first quarter, driven by strong utilization rates and strategic investments in artificial intelligence (AI) [1]. This hiring push is a stark contrast to rival Tata Consultancy Services (TCS), which recently announced a 2% workforce reduction due to skill gaps and technological shifts.
Infosys' strong Q1 results, with an 8.7% year-on-year (YoY) increase in consolidated net profit to ₹6,921 crore, and a 7.5% revenue growth to ₹42,279 crore, indicate robust financial performance. The company's revised full-year revenue growth guidance for FY26, raising the lower end to 1-3% growth in constant currency (CC), reflects optimism in the market [1].
For investors looking to put $10,000 to work, the Betashares India Quality ETF (ASX: IIND) could be a smart addition to a balanced portfolio. This ASX ETF gives investors access to some of India's highest-quality companies, including Infosys Ltd. (NYSE: INFY), and has delivered a solid 9.15% p.a. total return since its launch in 2019 [2].
References:
[1] https://www.newsbytesapp.com/news/business/infosys-to-hire-20-000-fresh-graduates-this-fiscal-year/story
[2] https://www.fool.com.au/2025/08/01/invest-10000-in-these-fantastic-asx-etfs/
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