Infosys results is a feast day for bears nearly every time

Bears have profited from Infosys results on more occasions than bulls, at least on the day of the earnings announcement. As the table below shows, in the past 11 quarters, Infosys shares have closed in the red nine times, shedding between 3-12 percent.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead master your money Realasset
moneycontrol.com

Home » News » Earnings » Result Analysis

Apr 12, 2013, 06.22 PM | Source: Moneycontrol.com

Infosys results is a feast day for bears nearly every time

Bears have profited from Infosys results on more occasions than bulls, at least on the day of the earnings announcement. As the table below shows, in the past 11 quarters, Infosys shares have closed in the red nine times, shedding between 3-12 percent.

Like this story, share it with millions of investors on M3

Infosys results is a feast day for bears nearly every time

Bears have profited from Infosys results on more occasions than bulls, at least on the day of the earnings announcement. As the table below shows, in the past 11 quarters, Infosys shares have closed in the red nine times, shedding between 3-12 percent.

Post Your Comments

Share Cancel

Riken Mehta
moneycontrol.com

Bears have profited from Infosys results on more occasions than bulls, at least on the day of the earnings announcement. As the table below shows, in the past 11 quarters, Infosys shares have closed in the red nine times, shedding between 3-12 percent. 

Bulls have not done too well, even over a longer time frame. In the last 23 quarters, they have managed to trump the bears only on seven occasions.

The weakness in the stock on results day does not every time have to do with missing earnings guidance. Even when the company has managed to meet or better market expectations, unwinding of speculative positions built in anticipation of good numbers has led to pressure on the stock.

Results Date

Close

Change

% Chg

11-Oct-07

1,976.85

-148.2

-6.97

11-Jan-08

1,581.75

-20.8

-1.3

15-Apr-08

1,510.40

88.5

6.22

11-Jul-08

1,676.85

-128.4

-7.11

10-Oct-08

1,225.20

-29.05

-2.32

13-Jan-09

1,228.15

68.45

5.9

15-Apr-09

1,370.60

-38.7

-2.75

10-Jul-09

1,721.15

43.6

2.6

9-Oct-09

2,177.60

-33.2

-1.5

12-Jan-10

2,586.95

97.3

3.91

13-Apr-10

2,781.90

98.8

3.68

13-Jul-10

2,796.75

-99.15

-3.42

15-Oct-10

3,076.30

-108.95

-3.42

13-Jan-11

3,205.20

-172.1

-5.1

15-Apr-11

2,989.50

-316.7

-9.58

12-Jul-11

2,791.55

-129.6

-4.44

12-Oct-11

2,679.35

174.8

6.98

12-Jan-12

2,588.25

-238.35

-8.43

13-Apr-12

2,402.55

-348.1

-12.66

12-Jul-12

2,264.40

-206.6

-8.36

12-Oct-12

2,395.35

-137.85

-5.44

11-Jan-13

2,712.10

389.8

16.79

 

Tags  Infosys

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Infosys results is a feast day for bears nearly every time

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login