What is the Historical Share Price of Infosys?

The historical share price of Infosys is an important factor to consider for anyone interested in investing in this Indian multinational corporation. Infosys is one of the largest IT outsourcing companies in the world, and it has been listed on the Indian stock market since 1993. In this article, we will explore the historical share price of Infosys, examining its performance over the years and what this means for potential investors.

The Early Years: 1993-2000

Infosys went public in 1993, and its initial public offering (IPO) was oversubscribed by 17 times. The company's shares were listed on the Bombay Stock Exchange and the National Stock Exchange of India. In the early years, Infosys' share price was relatively stable, but it began to pick up in the late 1990s as the company expanded its services and entered new markets. By the end of 1999, Infosys' share price had increased by over 700% since its IPO.

The Dotcom Boom: 2000-2002

Infosys was one of the few Indian companies that managed to survive the dotcom bust of the early 2000s. During this period, many tech companies went bankrupt, but Infosys continued to grow. Its share price reached an all-time high of INR 15,000 in February 2000, but it then dropped sharply to INR 2,000 by September 2001. However, Infosys' management team was able to weather the storm, and the company's share price began to recover in 2002.

The Growth Years: 2003-2011

Infosys' share price continued to climb throughout the early 2000s as the company expanded its services and entered new markets. By 2003, Infosys' market capitalization had exceeded that of Tata Consultancy Services, making it the largest IT outsourcing company in India. In 2004, Infosys became the first Indian company to be listed on the NASDAQ stock exchange. Its share price continued to climb, reaching an all-time high of $124 in 2007. However, the global financial crisis of 2008 had a significant impact on Infosys' share price, causing it to drop by over 50%.

The Recent Years: 2012-Present

In recent years, Infosys has faced increased competition from other IT outsourcing companies, as well as challenges from new technologies such as cloud computing and automation. As a result, its share price has been relatively stagnant. However, Infosys has continued to invest in new technologies and expand its services, and its share price has begun to recover. In 2020, Infosys' share price reached a new high of INR 1,363.

Investment Opportunities

Investing in Infosys can be a good opportunity for those looking to invest in the Indian IT outsourcing industry. Infosys has a strong track record of growth and innovation, and it is well-positioned to capitalize on the increasing demand forDigital transformation services. Investors should consider the company's financial performance, management team, and competitive landscape before making any investment decisions. It is also important to diversify one's portfolio and consider otherInvestment opportunitiesin India and beyond.

Conclusion

The historical share price of Infosys provides valuable insights into the company's performance over the years. While the company has faced challenges and setbacks, it has continued to grow and innovate, making it a strong player in the IT outsourcing industry. Investors should carefully consider the opportunities and risks associated with investing in Infosys, but for those who are willing to take a long-term view, it can be a promising investment opportunity.