Infosys Stock Crashes To 52-Week Low: Is This The Ultimate Buying Opportunity For INFY?

Infosys shares plunged to a critical 52-week low on Monday, with the tech giant's stock plummeting nearly 25% year-to-date as geopolitical tensions and market-wide selloffs trigger a severe correction. The stock's dramatic fall to 1,224 rupees positions INFY among the worst performers in the Nifty index, forcing investors to confront a pivotal decision: treat this plunge as a strategic entry point or brace for further declines in a volatile market.

Infosys Stock Declines to 52-Week Low: JM Financial Gives a ‘Buy’ Call For INFY

JM Financial has given Infosys stock a ‘buy’ call as its price hovered around the 52-week low level. The financial services firm sees this as a buying opportunity, which is available at discounted prices. They highlighted that the company has received $2.736 billion worth of new business, which makes up to 57% of its upcoming revenue call. JM Financial wrote in a note to clients that INFY could beat market expectations in the next quarterly results.