INFY
Infosys Limited Technology - IT Services Investor Relations →
Infosys Limited (INFY) closed at $13.12 as of 2026-03-20, trading 24.9% below its 200-week moving average of $17.48. This places INFY in the extreme value zone. The stock is currently moving closer to the line, down from -24.2% last week. With a 14-week RSI of 29, INFY is in oversold territory.
A big spike in selling this week — 3.1x the usual volume, and the price dropped. Sometimes this kind of heavy selling marks the end of a decline. The idea is that the last reluctant holders have finally sold, leaving fewer sellers left to push the price lower.
Over the past 1362 weeks of data, INFY has crossed below its 200-week moving average 24 times. On average, these episodes lasted 17 weeks. Historically, investors who bought INFY at the start of these episodes saw an average one-year return of +5.8%.
With a market cap of $53.9 billion, INFY is a large-cap stock. The company generates a free cash flow yield of 5.8%, which is healthy. Return on equity stands at 32.7%, indicating strong profitability. The stock trades at 5.8x book value.
INFY passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 26.2 years, a hypothetical investment of $100 in INFY would have grown to $205, compared to $751 for the S&P 500. INFY has returned 2.8% annualized vs 8.0% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 10.2% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: INFY vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After INFY Crosses Below the Line?
Across 24 historical episodes, buying INFY when it crossed below its 200-week moving average produced an average return of +10.3% after 12 months (median +9.0%), compared to +8.3% for the S&P 500 over the same periods. 64% of those episodes were profitable after one year. After 24 months, the average return was +41.4% vs +18.2% for the index.
Each line shows $100 invested at the moment INFY crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
INFY has crossed below its 200-week MA 24 times with an average 1-year return of +5.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 2000 | Aug 2000 | 1 | 2.3% | -42.9% | +482.8% |
| Oct 2000 | Oct 2000 | 2 | 2.4% | -68.3% | +470.4% |
| Dec 2000 | Dec 2003 | 157 | 68.3% | -34.0% | +588.2% |
| Jan 2008 | Jan 2008 | 1 | 2.2% | -25.5% | +319.8% |
| Feb 2008 | Apr 2008 | 7 | 14.7% | -36.4% | +310.1% |
| Jul 2008 | Aug 2008 | 4 | 6.3% | -4.4% | +312.1% |
| Sep 2008 | Jul 2009 | 46 | 43.6% | +15.7% | +299.0% |
| Sep 2011 | Sep 2011 | 1 | 0.7% | -1.3% | +218.4% |
| Apr 2012 | Jan 2013 | 39 | 19.9% | -10.5% | +203.9% |
| Feb 2013 | Feb 2013 | 1 | 1.4% | +17.4% | +184.6% |
| Mar 2013 | Oct 2013 | 29 | 24.4% | +4.7% | +179.3% |
| Apr 2014 | Jun 2014 | 7 | 2.4% | +23.7% | +173.7% |
| Nov 2016 | Dec 2016 | 4 | 5.1% | +6.4% | +131.8% |
| Jan 2017 | Feb 2017 | 5 | 6.0% | +19.3% | +132.0% |
| Apr 2017 | Jul 2017 | 13 | 3.9% | +18.1% | +132.3% |
| Aug 2017 | Nov 2017 | 13 | 4.8% | +48.1% | +124.0% |
| Nov 2017 | Dec 2017 | 1 | 0.5% | +35.7% | +117.1% |
| Mar 2020 | Apr 2020 | 6 | 19.4% | +131.3% | +82.4% |
| Apr 2023 | Jul 2023 | 13 | 7.8% | +19.9% | -5.7% |
| Oct 2023 | Nov 2023 | 3 | 2.2% | +37.6% | -14.1% |
| Apr 2024 | Jun 2024 | 8 | 7.1% | -1.7% | -21.3% |
| Mar 2025 | Jun 2025 | 15 | 14.3% | -25.8% | -26.6% |
| Jul 2025 | Dec 2025 | 21 | 12.9% | N/A | -26.8% |
| Jan 2026 | Ongoing | 8+ | 24.9% | Ongoing | -25.4% |
| Average | 17 | — | +5.8% | — |
Frequently Asked Questions
Is INFY below its 200-week moving average?
Yes. As of 2026-03-20, Infosys Limited (INFY) is trading 24.9% below its 200-week moving average of $17.48. The current price is $13.12.
What is INFY's 200-week moving average price?
Infosys Limited's 200-week moving average is $17.48 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when INFY drops below its 200-week moving average?
INFY has crossed below its 200-week moving average 24 times in our data. On average, buying at that moment produced a one-year return of +5.8%. These dips have historically been decent entry points. These episodes lasted 17 weeks on average.
Is INFY a good value right now?
Here's what our data says about INFY as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 29 (oversold). Free cash flow yield is 5.8%. Return on equity is 32.7%. Price-to-book is 5.8x. This is not a buy or sell recommendation — always do your own research.
How does INFY compare to the S&P 500?
Over the past 26.2 years, $100 invested in INFY would have grown to $205, compared to $751 for the S&P 500. That's 2.8% annualized vs 8.0% for the index. INFY has underperformed the broader market over this period.
Does INFY pay a dividend?
Yes. Infosys Limited currently pays a dividend yield of 393.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20