Indian stock alert

INDIA

CLOSING UPDATE: Infosys keeps rising: up 11.0% in 7 days 16 January 2018 17:13 IST

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Indian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Infosys, India's 2nd largest it consulting & software company by market capitalisation, extended its gains on Tuesday, rising an additional Rs41.70 (or 3.9%) to trade at Rs1,122.85. Trading volume was 2.3 times average at the end of the day. The shares have risen Rs110.85 (or 11.0%) over the past seven trading days vs. the BSE SENSEX Index which has risen 1.8% in the same period.

Technical indicators complementing today's significant uptrend:

+ The positive 23.65 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ In the last one month the stock has hit a new 52-week high eight times and in the last three months ten times, pointing to a significant uptrend.

+ The price jumped 7.8% in the last week and soared 10.5% in the last month.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Price/Earnings of 17.9 [19.8]

+ Price/Earnings/Growth of 1.72 [2.3]

+ Price to Book of 4 [5.1]

+ Dividend yield of 2.5% [1.7%]

Other Bullish Signals include:

+ Total Liabilities/EBITDA of 0.7 is comfortably below the Joseph Piotroski benchmark of <5.

+ Net profit margin has averaged 21.3% in the last 3 years. This is considered superior and suggests a high margin of safety.

+ As per the Du Pont analysis, Return on Equity is high at 20.8%.

Note

The stock has underperformed 54% of the Indian market over the past 6 months.

Bearish Signals:

Tobin's Q Ratio is 3.1. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

Overbought/Bearish:

The 1.1% discount to 12-month high of Rs1,134.80 against the 32.4% premium to 12-month low of Rs848.16 suggests the climb might be peaking.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Return on Equity 20.8% [23.2%]

Year-on-Year Earnings Growth of 6.4% [8.6%]

TODAY'S ALERTS

Afternoon Alert: Infosys keeps rising: up 11.0% in 7 days

16 January 2018 12:59 IST

Infosys Ltd. (NSE:INFY) extended its gains on Tuesday, rising an additional Rs42.40 (or 3.9%) to trade at Rs1,123.55. Trading volume was 1.9 times average so far today. The shares have risen Rs111.55 (or 11.0%) over the past seven trading days vs. the BSE SENSEX Index which has risen 2.2% in the same period.

Morning Alert: Infosys in 7th consecutive rise, nears a 26-month high

16 January 2018 10:23 IST

Infosys Ltd. (NSE:INFY) extended its gains Tuesday, rising an additional Rs15.60 (or 1.4%) to trade at Rs1,096.75. The stock increased 0.25% on Friday and 0.25% on Monday bringing its 7-day rise to 8.4%. It is now approaching its 549-day high of Rs1,102.20.

RECENT ALERTS

CLOSING UPDATE: Infosys keeps rising: up 6.8% in 6 days

15 January 2018 17:17 IST

Infosys, India's 2nd largest it consulting & software company by market capitalisation, extended its gains on Monday, rising an additional Rs2.70 (or 0.3%) to trade at Rs1,081.15. Trading volume was 1.1 times average at the end of the day. The shares have risen Rs69.15 (or 6.8%) over the past six trading days vs. the BSE SENSEX Index which has risen 2.0% in the same period.

Afternoon Alert: Infosys keeps rising: up 6.9% in 6 days

15 January 2018 12:59 IST

Infosys Ltd. (NSE:INFY) extended its gains on Monday, rising an additional Rs3.55 (or 0.3%) to trade at Rs1,082.0. Trading volume was 1.3 times average so far today. The shares have risen Rs70.0 (or 6.9%) over the past six trading days vs. the BSE SENSEX Index which has risen 2.1% in the same period.

Infosys Ltd. (NSE:INFY; BSE:INFY; NS:INFY; IN:INFY)

ISIN: INE009A01021

PermID: 4295872682

Source: www.BuySellSignals.com