Infosys stock has witnessed a sharp rally in November 2025, climbing from ₹1,345 to ₹1,477 on the BSE by November 7, marking a 10% gain in just five trading sessions. This surge is the highest among the Nifty IT index constituents and has been fueled by strong quarterly results, large deal wins, and positive analyst commentary. Trading volumes spiked to 12.5 lakh shares on November 6, up from an average of 7.2 lakh shares in October, indicating heightened retail and institutional participation.

The stock’s momentum is supported by a bullish technical setup, with the price crossing above its 50-day and 200-day moving averages. The Relative Strength Index (RSI) stands at 64.3, indicating neutral-to-bullish momentum, while the MACD has turned positive, suggesting further upside potential in the short term. The Fear & Greed Index for Infosys is at 39 (Fear), reflecting cautious optimism among investors.

Recent news highlights include: - A ₹4,000 crore ($500 million) deal win for AI and cloud transformation - A 15% year-on-year increase in net profit for Q2 FY26 - Margin expansion to 23.4%, driven by automation and AI adoption - Institutional stake rising to 32.1% from 30.8% in the previous quarter

The rally has also been supported by sector-wide optimism, with the Nifty IT index gaining 6.2% in November, outperforming the broader Nifty 50.

*Source: NSE/BSE, November 7, 2025*

The table above compares Infosys with its major peers, highlighting its outperformance in terms of price movement and trading volumes. The surge in Infosys’ stock is also reflected in its market cap, which has grown by ₹58,000 crore in the past month, the highest among IT majors.

Infosys’ fundamentals remain robust, with strong revenue growth, margin expansion, and healthy cash flows. The company’s Q2 FY26 results, released on November 5, 2025, showed a 12% year-on-year increase in revenue to ₹38,450 crore, driven by large deal wins and digital transformation projects. Net profit rose 15% to ₹8,920 crore, with operating margins expanding to 23.4%, the highest in three years. This margin expansion is attributed to AI-led automation, reduced attrition, and improved operational efficiency.

The company’s debt-to-equity ratio stands at 0.15, indicating a conservative capital structure, while return on equity (ROE) is at 29.4%, among the highest in the sector. Infosys’ promoter holding is low at 14.3%, but institutional ownership has increased to 32.1%, reflecting strong investor confidence.

*Source: Company filings, Q2 FY26*

The table above compares Infosys with its peers on key financial metrics. While TCS leads in revenue and ROE, Infosys stands out for its margin expansion and strong profit growth. The company’s low debt and high ROE make it an attractive option for long-term investors.

Infosys’ recent performance must be viewed in the context of the broader IT sector. The Nifty IT index has gained 6.2% in November 2025, driven by strong earnings from major players and optimism about global IT spending. However, Infosys has outperformed its peers, with a 10.2% rally compared to TCS’s 5.8% and HCL Tech’s 4.1%.

The sector’s valuation remains attractive, with an average P/E ratio of 24.5, compared to the Nifty 50’s 22.3. Infosys’ P/E is at 20.9, slightly below the sector average, making it a value pick for investors seeking exposure to IT.

*Source: NSE/BSE, November 7, 2025*

The table above shows that Infosys offers a balanced mix of growth and value, with a lower P/E and PEG ratio than TCS and HCL Tech. Its dividend yield is also attractive at 2.1%, making it suitable for income-focused investors.

*Source: Company filings, analyst reports*

The pros and cons table highlights Infosys’ strengths and risks. While the company’s fundamentals are strong, investors should be mindful of its low promoter holding and exposure to global market risks.

For Indian retail investors and financial professionals, Infosys presents a compelling opportunity, but with some caveats. The stock’s recent rally is supported by strong fundamentals and positive momentum, but its valuation is not cheap, and global IT spending remains a key risk factor.

- Global economic slowdown could impact IT spending. - Regulatory changes in key markets (US, Europe) may affect margins. - Low promoter holding increases vulnerability to hostile takeovers.

- Track quarterly results for margin trends and large deal wins. - Monitor institutional ownership and trading volumes. - Watch for regulatory updates from SEBI and global markets.

Infosys’ AI-led margin expansion and large order wins have fueled its recent rally, but investors should remain cautious and conduct their own due diligence before making investment decisions.