A DATA ANALYSIS OF INFOSYS LTD SHARE MARKET VALUES

A MINI PROJECT REPORT

Submitted by
JOSHUA

INVESTMENT ANALYSIS AND PORTFOLIO MANAGEMENT

(MB20FM01)

FACULTY OF MANAGEMENT
Department of Business Administration
SRM Institute of Science and Technology
Kattankulathur – 603203

DECEMBER -2021
Infosys Ltd is an Indian multinational information technology company that
provides business consulting, information technology and outsourcing services.
It’s a global leader in next generation digital services and consulting. It enables
clients in more than 50 countries to navigate their digital transformation.
With over four decades of experience in managing the systems and workings of
global enterprises, the Company expertly steer its clients through their digital
journey. It is done by enabling the enterprise with an AI-powered core that
helps prioritize the execution of change. The Company also empower the
business with agile digital at scale to deliver unprecedented levels of
performance and customer delight. Its always-on learning agenda drives their
continuous improvement through building and transferring digital skills,
expertise, and ideas from our innovation ecosystem.
The Company was founded in Pune and is headquartered in Bengaluru.
Established in 1981, Infosys is a NYSE listed global consulting and IT services
company with more than 279k employees. From a capital of US$250, it has
grown to become a US$ 14.91 billion (LTM Q2 FY22 revenues) company with
a market capitalization of approximately US$ 93.6 billion.

In the journey of over 40 years, the Company has catalyzed some of the major
changes that have led to India's emergence as the global destination for software
services talent. It pioneered the Global Delivery Model and became the first IT
Company from India to be listed on NASDAQ. Their
employee stock options program created some of India's first salaried
millionaires.

Infosys provides software development, maintenance and independent

validation services to companies in finance, insurance, manufacturing and other
domains.
Founded: 2 July 1981, Pune
CEO: Saleel Parekh
Headquarters: Bengaluru
Revenue: Rs.1.03 lakh Crores (USD 14b) – 2021
Number of Employees: 2,59,619 – 2021
Founders: Mr. Narayana Murthy, Mr. Nandan Nilekani, Mr. Kris
Gopalakrishnan, Mr. S.D. Shibu Lal, Mr. Ashok Arora
Subsidiaries: Infosys BPM, Edge Verve, SKAVA, PANAYA, Infosys
Consulting
 Data Analysis of Infosys share market value and interpretation

2,000.00

1,800.00

1,600.00

1,400.00
PRICE
1,200.00
15 DAYS MOVING AV-
1,000.00 ERAGE

800.00
30 DAYS MOVING AV-
600.00 ERAGE

400.00

200.00

-
1 32 63 94 125156187218249280311342373404435466497
Date Prev Close 15 DAYS AVERAGE 30 DAYS AVERAGE
2-Dec-19 696.35
3-Dec-19 692.70
4-Dec-19 698.35
5-Dec-19 708.85
6-Dec-19 714.85
9-Dec-19 715.10
10-Dec-19 717.25
11-Dec-19 714.55
12-Dec-19 721.05
13-Dec-19 702.10
16-Dec-19 711.30
17-Dec-19 714.00
18-Dec-19 729.70
19-Dec-19 732.45
20-Dec-19 730.85 713.30
23-Dec-19 731.55 715.64
24-Dec-19 736.00 718.53
26-Dec-19 733.40 720.87
27-Dec-19 728.95 722.21
30-Dec-19 736.95 723.68
31-Dec-19 732.90 724.87
1-Jan-20 731.15 725.79
2-Jan-20 736.85 727.28
3-Jan-20 734.70 728.19
6-Jan-20 746.00 731.12
7-Jan-20 738.85 732.95
8-Jan-20 727.90 733.88
9-Jan-20 718.20 733.11
10-Jan-20 727.55 732.79
13-Jan-20 738.15 733.27 723.29
14-Jan-20 773.55 736.07 725.86
15-Jan-20 775.65 738.72 728.62
16-Jan-20 767.55 740.99 730.93
17-Jan-20 767.00 743.53 732.87
20-Jan-20 767.85 745.59 734.64
21-Jan-20 768.45 747.96 736.41
22-Jan-20 762.50 750.05 737.92
23-Jan-20 770.20 752.27 739.78
24-Jan-20 784.35 755.58 741.89
27-Jan-20 782.75 758.03 744.58
28-Jan-20 778.10 760.65 746.80
29-Jan-20 778.00 763.99 748.94
30-Jan-20 789.70 768.76 750.94
31-Jan-20 780.70 772.30 752.54
1-Feb-20 775.95 774.82 754.05
3-Feb-20 779.50 775.22 755.65
4-Feb-20 767.40 774.67 756.69
5-Feb-20 787.85 776.02 758.51
6-Feb-20 784.55 777.19 760.36
7-Feb-20 771.35 777.42 761.51
10-Feb-20 777.30 778.01 762.99
11-Feb-20 773.20 778.73 764.39
12-Feb-20 773.55 778.95 765.61
13-Feb-20 781.05 778.73 767.16
14-Feb-20 792.25 779.36 768.70
17-Feb-20 786.45 779.92 770.29
18-Feb-20 789.45 780.68 772.34
19-Feb-20 797.65 781.21 774.99
20-Feb-20 800.45 782.53 777.42
24-Feb-20 797.00 783.93 779.38
25-Feb-20 795.85 785.02 780.12
26-Feb-20 798.40 787.09 780.88
27-Feb-20 782.75 786.75 781.39
28-Feb-20 777.85 786.30 781.75
2-Mar-20 731.70 783.66 780.54
3-Mar-20 741.05 781.24 779.63
4-Mar-20 747.00 779.50 779.11
5-Mar-20 758.75 778.51 778.73
6-Mar-20 754.60 776.75 777.74
9-Mar-20 738.95 773.19 776.28
11-Mar-20 704.45 767.73 773.82
12-Mar-20 686.00 760.83 770.76
13-Mar-20 631.20 749.73 765.47
16-Mar-20 642.35 739.19 760.86
17-Mar-20 583.15 724.94 754.44
18-Mar-20 554.95 708.88 746.95
19-Mar-20 534.30 691.27 739.18
20-Mar-20 545.55 675.46 731.10
23-Mar-20 585.20 662.61 724.46
24-Mar-20 526.45 648.93 716.30
25-Mar-20 589.80 638.85 710.05
26-Mar-20 606.20 629.46 704.48
27-Mar-20 643.00 621.74 700.13
30-Mar-20 652.70 614.95 695.85
31-Mar-20 626.70 607.47 690.33
1-Apr-20 641.50 603.27 685.50
3-Apr-20 602.80 597.72 679.28
7-Apr-20 585.70 594.69 672.21
8-Apr-20 639.00 594.47 666.83
9-Apr-20 631.60 597.70 661.32
13-Apr-20 636.25 603.12 656.00
15-Apr-20 637.40 609.99 650.63
16-Apr-20 639.05 616.22 645.84
17-Apr-20 623.85 618.80 640.71
20-Apr-20 628.75 625.62 637.28
21-Apr-20 653.30 629.85 634.35
22-Apr-20 633.20 631.65 630.56
23-Apr-20 641.85 631.58 626.66
24-Apr-20 679.30 633.35 624.15
27-Apr-20 658.00 635.44 621.45
28-Apr-20 664.60 636.98 620.12
29-Apr-20 660.70 640.84 619.28
30-Apr-20 676.55 646.89 620.79
4-May-20 715.50 651.99 623.23
5-May-20 673.70 654.80 626.25
6-May-20 673.70 657.30 630.21
7-May-20 665.90 659.20 634.59
8-May-20 664.95 660.92 638.57
11-May-20 674.20 664.28 641.54
12-May-20 682.90 667.89 646.76
13-May-20 687.65 670.18 650.02
14-May-20 694.15 674.24 652.95
15-May-20 658.15 675.33 653.45
18-May-20 652.30 673.53 653.44
19-May-20 663.90 673.92 654.68
20-May-20 668.60 674.19 655.58
21-May-20 669.55 674.78 657.81
22-May-20 672.20 674.49 660.69
26-May-20 692.35 672.95 662.47
27-May-20 680.55 673.40 664.10
28-May-20 705.45 675.52 666.41
29-May-20 707.40 678.29 668.74
1-Jun-20 691.00 680.02 670.47
2-Jun-20 699.55 681.71 673.00
3-Jun-20 708.10 683.39 675.64
4-Jun-20 701.55 684.32 677.25
5-Jun-20 707.75 685.23 679.74
8-Jun-20 703.55 688.25 681.79
9-Jun-20 720.85 692.82 683.18
10-Jun-20 717.60 696.40 685.16
11-Jun-20 715.85 699.55 686.87
12-Jun-20 703.95 701.85 688.31
15-Jun-20 692.05 703.17 688.83
16-Jun-20 687.55 702.85 687.90
17-Jun-20 701.20 704.23 688.82
18-Jun-20 703.65 704.11 689.81
19-Jun-20 713.90 704.54 691.41
22-Jun-20 705.55 705.51 692.77
23-Jun-20 703.70 705.79 693.75
24-Jun-20 720.65 706.62 695.01
25-Jun-20 714.15 707.46 695.89
26-Jun-20 700.50 706.98 696.10
29-Jun-20 748.20 709.96 699.11
30-Jun-20 731.75 710.68 701.75
1-Jul-20 735.95 711.91 704.16
2-Jul-20 731.90 712.98 706.27
3-Jul-20 756.60 716.49 709.17
6-Jul-20 762.70 721.20 712.18
7-Jul-20 764.00 726.29 714.57
8-Jul-20 794.15 732.49 718.36
9-Jul-20 774.70 737.23 720.67
10-Jul-20 781.70 741.75 723.14
13-Jul-20 781.85 746.83 726.17
14-Jul-20 797.05 753.06 729.42
15-Jul-20 783.25 757.23 731.93
16-Jul-20 830.95 765.02 736.24
17-Jul-20 911.00 779.05 743.02
20-Jul-20 903.15 789.38 749.67
21-Jul-20 934.30 802.88 756.78
22-Jul-20 936.75 816.27 764.09
23-Jul-20 917.90 828.67 770.82
24-Jul-20 907.95 838.76 777.62
27-Jul-20 922.85 849.44 785.32
28-Jul-20 948.45 861.73 794.01
29-Jul-20 962.85 872.98 802.74
30-Jul-20 954.15 884.94 811.09
31-Jul-20 961.45 896.93 819.34
3-Aug-20 966.00 909.20 828.02
4-Aug-20 956.90 919.86 836.46
5-Aug-20 949.85 930.97 844.10
6-Aug-20 944.70 938.55 851.78
7-Aug-20 970.85 942.54 860.80
10-Aug-20 950.90 945.72 867.55
11-Aug-20 951.35 946.86 874.87
12-Aug-20 948.45 947.64 881.96
13-Aug-20 954.95 950.11 889.39
14-Aug-20 951.20 952.99 895.88
17-Aug-20 953.60 955.04 902.24
18-Aug-20 957.50 955.65 908.69
19-Aug-20 967.55 955.96 914.47
20-Aug-20 959.30 956.30 920.62
21-Aug-20 955.15 955.88 926.41
24-Aug-20 948.80 954.74 931.97
25-Aug-20 947.40 954.10 936.98
26-Aug-20 938.10 953.32 942.14
27-Aug-20 950.80 953.73 946.14
28-Aug-20 947.05 952.14 947.34
31-Aug-20 935.25 951.10 948.41
1-Sep-20 928.60 949.58 948.22
2-Sep-20 914.15 947.29 947.47
3-Sep-20 924.00 945.23 947.67
4-Sep-20 935.55 944.19 948.59
7-Sep-20 919.15 941.89 948.47
8-Sep-20 925.05 939.73 947.69
9-Sep-20 939.30 937.84 946.90
10-Sep-20 927.75 935.74 946.02
11-Sep-20 940.05 934.73 945.31
14-Sep-20 945.70 934.53 944.63
15-Sep-20 978.40 936.59 945.35
16-Sep-20 982.45 939.55 946.44
17-Sep-20 1,001.75 942.95 948.34
18-Sep-20 1,011.00 947.21 949.68
21-Sep-20 1,002.15 951.67 951.38
22-Sep-20 1,009.90 957.09 953.34
23-Sep-20 1,007.50 963.31 955.30
24-Sep-20 1,019.75 969.70 957.46
25-Sep-20 975.40 972.35 958.27
28-Sep-20 1,011.45 978.51 960.20
29-Sep-20 1,010.40 984.20 961.96
30-Sep-20 1,009.00 988.84 963.34
1-Oct-20 1,008.25 994.21 964.98
5-Oct-20 1,017.65 999.38 967.06
6-Oct-20 1,048.70 1,006.25 970.39
7-Oct-20 1,055.75 1,011.41 974.00
8-Oct-20 1,066.55 1,017.01 978.28
9-Oct-20 1,093.70 1,023.14 983.05
12-Oct-20 1,106.80 1,029.53 988.37
13-Oct-20 1,132.10 1,038.19 994.93
14-Oct-20 1,157.80 1,048.05 1,002.57
15-Oct-20 1,137.00 1,056.69 1,010.00
16-Oct-20 1,108.25 1,062.59 1,016.14
19-Oct-20 1,127.50 1,072.73 1,022.54
20-Oct-20 1,125.90 1,080.36 1,029.43
21-Oct-20 1,137.50 1,088.83 1,036.51
22-Oct-20 1,148.35 1,098.12 1,043.48
23-Oct-20 1,129.05 1,106.17 1,050.19
26-Oct-20 1,122.50 1,113.16 1,056.27
27-Oct-20 1,112.45 1,117.41 1,061.83
28-Oct-20 1,090.85 1,119.75 1,065.58
29-Oct-20 1,076.55 1,120.42 1,068.72
30-Oct-20 1,074.85 1,119.16 1,071.15
2-Nov-20 1,060.60 1,116.08 1,072.81
3-Nov-20 1,072.30 1,112.10 1,075.15
4-Nov-20 1,062.55 1,105.75 1,076.90
5-Nov-20 1,093.95 1,102.88 1,079.78
6-Nov-20 1,104.00 1,102.59 1,082.59
9-Nov-20 1,112.75 1,101.61 1,087.17
10-Nov-20 1,136.55 1,102.32 1,091.34
11-Nov-20 1,091.05 1,099.22 1,094.03
12-Nov-20 1,122.50 1,097.50 1,097.81
13-Nov-20 1,117.75 1,096.75 1,101.46
14-Nov-20 1,124.20 1,096.86 1,105.01
17-Nov-20 1,133.45 1,098.26 1,107.84
18-Nov-20 1,123.70 1,100.45 1,110.10
19-Nov-20 1,110.55 1,102.72 1,111.57
20-Nov-20 1,096.75 1,104.18 1,111.67
23-Nov-20 1,103.35 1,107.03 1,111.56
24-Nov-20 1,139.85 1,111.53 1,111.81
25-Nov-20 1,140.05 1,116.70 1,111.22
26-Nov-20 1,115.65 1,118.14 1,110.51
27-Nov-20 1,113.20 1,118.76 1,110.68
1-Dec-20 1,137.85 1,120.43 1,111.02
2-Dec-20 1,140.90 1,120.72 1,111.52
3-Dec-20 1,126.45 1,123.08 1,111.15
4-Dec-20 1,134.65 1,123.89 1,110.70
7-Dec-20 1,143.50 1,125.61 1,111.18
8-Dec-20 1,153.35 1,127.55 1,112.21
9-Dec-20 1,175.20 1,130.33 1,114.30
10-Dec-20 1,167.75 1,133.27 1,116.86
11-Dec-20 1,163.20 1,136.78 1,119.75
14-Dec-20 1,164.55 1,141.30 1,122.74
15-Dec-20 1,154.60 1,144.72 1,125.87
16-Dec-20 1,165.70 1,146.44 1,128.99
17-Dec-20 1,159.20 1,147.72 1,132.21
18-Dec-20 1,189.80 1,152.66 1,135.40
21-Dec-20 1,177.30 1,156.93 1,137.85
22-Dec-20 1,220.50 1,162.44 1,141.44
23-Dec-20 1,253.05 1,169.92 1,145.32
24-Dec-20 1,236.05 1,177.23 1,150.15
28-Dec-20 1,240.30 1,184.27 1,154.08
29-Dec-20 1,250.30 1,191.39 1,158.50
30-Dec-20 1,246.80 1,197.62 1,162.59
31-Dec-20 1,255.80 1,202.99 1,166.66
1-Jan-21 1,260.45 1,209.17 1,171.22
4-Jan-21 1,288.25 1,217.51 1,177.15
5-Jan-21 1,293.80 1,226.13 1,183.71
6-Jan-21 1,282.10 1,234.63 1,189.67
7-Jan-21 1,262.15 1,241.06 1,193.75
8-Jan-21 1,312.10 1,251.25 1,199.48
11-Jan-21 1,376.20 1,263.68 1,208.17
12-Jan-21 1,371.75 1,276.64 1,216.79
13-Jan-21 1,387.15 1,287.75 1,225.10
14-Jan-21 1,370.50 1,295.58 1,232.75
15-Jan-21 1,344.95 1,302.84 1,240.03
18-Jan-21 1,312.05 1,307.62 1,245.95
19-Jan-21 1,316.65 1,312.05 1,251.72
20-Jan-21 1,339.45 1,318.22 1,257.92
21-Jan-21 1,339.70 1,323.82 1,263.41
22-Jan-21 1,340.85 1,329.18 1,269.18
25-Jan-21 1,325.10 1,331.63 1,274.57
27-Jan-21 1,301.00 1,332.11 1,279.12
28-Jan-21 1,276.20 1,331.72 1,283.17
29-Jan-21 1,239.05 1,330.18 1,285.62
1-Feb-21 1,260.90 1,326.77 1,289.01
2-Feb-21 1,271.25 1,319.77 1,291.72
3-Feb-21 1,284.65 1,313.96 1,295.30
4-Feb-21 1,279.35 1,306.78 1,297.26
5-Feb-21 1,272.10 1,300.22 1,297.90
8-Feb-21 1,303.55 1,297.46 1,300.15
9-Feb-21 1,305.55 1,297.02 1,302.32
10-Feb-21 1,296.50 1,295.68 1,303.86
11-Feb-21 1,292.65 1,292.56 1,305.39
12-Feb-21 1,309.80 1,290.57 1,307.19
15-Feb-21 1,309.65 1,288.49 1,308.83
16-Feb-21 1,290.40 1,286.17 1,308.90
17-Feb-21 1,281.30 1,284.86 1,308.49
18-Feb-21 1,292.45 1,285.94 1,308.83
19-Feb-21 1,291.30 1,289.43 1,309.80
22-Feb-21 1,265.20 1,289.71 1,308.24
23-Feb-21 1,266.35 1,289.39 1,304.58
24-Feb-21 1,274.30 1,288.70 1,301.33
25-Feb-21 1,274.55 1,288.38 1,297.58
26-Feb-21 1,253.30 1,287.12 1,293.67
1-Mar-21 1,267.00 1,284.69 1,291.07
2-Mar-21 1,304.50 1,284.62 1,290.82
3-Mar-21 1,343.55 1,287.75 1,291.72
4-Mar-21 1,330.35 1,290.27 1,291.41
5-Mar-21 1,316.70 1,290.73 1,290.65
8-Mar-21 1,335.75 1,292.47 1,290.48
9-Mar-21 1,345.55 1,296.14 1,291.16
10-Mar-21 1,368.15 1,301.93 1,293.40
12-Mar-21 1,374.85 1,307.43 1,296.69
15-Mar-21 1,373.60 1,312.91 1,301.17
16-Mar-21 1,384.00 1,320.83 1,305.27
17-Mar-21 1,387.00 1,328.88 1,309.13
18-Mar-21 1,337.10 1,333.06 1,310.88
19-Mar-21 1,344.45 1,337.72 1,313.05
22-Mar-21 1,370.80 1,345.56 1,316.34
23-Mar-21 1,371.55 1,352.53 1,318.61
24-Mar-21 1,353.75 1,355.81 1,320.21
25-Mar-21 1,333.80 1,355.16 1,321.46
26-Mar-21 1,336.20 1,355.55 1,322.91
30-Mar-21 1,385.30 1,360.12 1,325.43
31-Mar-21 1,368.05 1,362.28 1,327.37
1-Apr-21 1,385.20 1,364.92 1,330.53
5-Apr-21 1,409.90 1,367.70 1,334.82
6-Apr-21 1,411.05 1,370.12 1,338.77
7-Apr-21 1,430.20 1,373.89 1,343.40
8-Apr-21 1,439.85 1,377.61 1,349.22
9-Apr-21 1,441.05 1,381.22 1,355.05
12-Apr-21 1,425.75 1,387.13 1,360.10
13-Apr-21 1,397.15 1,390.64 1,364.18
15-Apr-21 1,360.75 1,389.97 1,367.76
16-Apr-21 1,353.75 1,388.78 1,370.66
19-Apr-21 1,362.55 1,389.37 1,372.59
20-Apr-21 1,351.35 1,390.54 1,372.85
22-Apr-21 1,351.10 1,391.53 1,373.54
23-Apr-21 1,333.80 1,388.10 1,374.11
26-Apr-21 1,343.55 1,386.47 1,374.37
27-Apr-21 1,348.50 1,384.02 1,374.47
28-Apr-21 1,356.00 1,380.43 1,374.07
29-Apr-21 1,356.35 1,376.78 1,373.45
30-Apr-21 1,354.35 1,371.72 1,372.81
3-May-21 1,352.05 1,365.87 1,371.74
4-May-21 1,329.40 1,358.43 1,369.82
5-May-21 1,341.50 1,352.81 1,369.97
6-May-21 1,361.60 1,350.44 1,370.54
7-May-21 1,352.55 1,349.89 1,369.93
10-May-21 1,339.55 1,348.95 1,368.87
11-May-21 1,330.65 1,346.82 1,368.10
12-May-21 1,327.00 1,345.20 1,367.87
14-May-21 1,316.40 1,342.88 1,367.21
17-May-21 1,329.40 1,342.59 1,365.35
18-May-21 1,340.00 1,342.35 1,364.41
19-May-21 1,337.00 1,341.59 1,362.80
20-May-21 1,339.30 1,340.47 1,360.45
21-May-21 1,354.50 1,340.35 1,358.57
24-May-21 1,348.05 1,339.93 1,355.83
25-May-21 1,361.60 1,340.57 1,353.22
26-May-21 1,397.25 1,345.09 1,351.76
27-May-21 1,402.25 1,349.14 1,350.98
28-May-21 1,405.05 1,352.04 1,351.24
31-May-21 1,393.75 1,354.78 1,352.34
1-Jun-21 1,387.20 1,357.96 1,353.45
2-Jun-21 1,378.65 1,361.16 1,353.99
3-Jun-21 1,389.65 1,365.34 1,355.27
4-Jun-21 1,385.65 1,369.95 1,356.42
7-Jun-21 1,389.65 1,373.97 1,358.28
8-Jun-21 1,412.95 1,378.83 1,360.59
9-Jun-21 1,415.30 1,384.05 1,362.82
10-Jun-21 1,424.30 1,389.72 1,365.10
11-Jun-21 1,446.90 1,395.88 1,368.12
14-Jun-21 1,461.80 1,403.46 1,371.70
15-Jun-21 1,473.90 1,410.95 1,375.76
16-Jun-21 1,480.60 1,416.51 1,380.80
17-Jun-21 1,495.30 1,422.71 1,385.93
18-Jun-21 1,503.30 1,429.26 1,390.65
21-Jun-21 1,500.30 1,436.36 1,395.57
22-Jun-21 1,511.85 1,444.67 1,401.32
23-Jun-21 1,503.15 1,452.97 1,407.07
24-Jun-21 1,559.20 1,464.28 1,414.81
25-Jun-21 1,574.20 1,476.85 1,423.40
28-Jun-21 1,571.80 1,488.99 1,431.48
29-Jun-21 1,563.05 1,499.00 1,438.92
30-Jun-21 1,580.80 1,510.03 1,447.04
1-Jul-21 1,560.40 1,519.10 1,454.41
2-Jul-21 1,567.80 1,527.16 1,461.52
5-Jul-21 1,578.95 1,534.97 1,469.22
6-Jul-21 1,562.20 1,540.86 1,475.91
7-Jul-21 1,564.60 1,546.46 1,481.48
8-Jul-21 1,560.75 1,550.82 1,486.77
9-Jul-21 1,562.90 1,554.80 1,492.03
12-Jul-21 1,547.85 1,557.97 1,497.17
13-Jul-21 1,544.95 1,560.17 1,502.42
14-Jul-21 1,576.90 1,565.09 1,509.03
15-Jul-21 1,580.80 1,566.53 1,515.40
16-Jul-21 1,555.45 1,565.28 1,521.06
19-Jul-21 1,541.70 1,563.27 1,526.13
20-Jul-21 1,550.05 1,562.41 1,530.70
22-Jul-21 1,590.20 1,563.03 1,536.53
23-Jul-21 1,590.45 1,565.04 1,542.07
26-Jul-21 1,603.90 1,567.44 1,547.30
27-Jul-21 1,602.55 1,569.02 1,552.00
28-Jul-21 1,605.60 1,571.91 1,556.39
29-Jul-21 1,617.00 1,575.40 1,560.93
30-Jul-21 1,610.50 1,578.72 1,564.77
2-Aug-21 1,631.55 1,583.30 1,569.05
3-Aug-21 1,655.20 1,590.45 1,574.21
4-Aug-21 1,649.25 1,597.41 1,578.79
5-Aug-21 1,653.55 1,602.52 1,583.80
6-Aug-21 1,650.20 1,607.14 1,586.84
9-Aug-21 1,663.30 1,614.33 1,589.81
10-Aug-21 1,677.25 1,623.37 1,593.32
11-Aug-21 1,677.55 1,631.87 1,597.14
12-Aug-21 1,689.60 1,638.50 1,600.77
13-Aug-21 1,712.20 1,646.61 1,605.83
16-Aug-21 1,704.40 1,653.31 1,610.38
17-Aug-21 1,741.65 1,662.59 1,615.80
18-Aug-21 1,733.45 1,671.11 1,621.51
20-Aug-21 1,732.95 1,678.84 1,627.12
23-Aug-21 1,738.75 1,687.39 1,633.06
24-Aug-21 1,720.85 1,693.34 1,638.32
25-Aug-21 1,735.55 1,698.70 1,644.58
26-Aug-21 1,727.70 1,703.93 1,650.67
27-Aug-21 1,708.80 1,707.61 1,655.07
30-Aug-21 1,698.05 1,710.80 1,658.97
31-Aug-21 1,706.45 1,713.68 1,664.01
1-Sep-21 1,677.75 1,713.71 1,668.54
2-Sep-21 1,689.10 1,714.48 1,673.18
3-Sep-21 1,700.65 1,715.22 1,676.86
6-Sep-21 1,730.40 1,716.43 1,681.52
7-Sep-21 1,706.65 1,716.58 1,684.95
8-Sep-21 1,693.25 1,713.36 1,687.97
9-Sep-21 1,691.60 1,710.57 1,690.84
13-Sep-21 1,691.90 1,707.83 1,693.34
14-Sep-21 1,686.15 1,704.32 1,695.86
15-Sep-21 1,711.45 1,703.70 1,698.52
16-Sep-21 1,702.25 1,701.48 1,700.09
17-Sep-21 1,691.30 1,699.05 1,701.49
20-Sep-21 1,687.85 1,697.65 1,702.63
21-Sep-21 1,718.45 1,699.01 1,704.91
22-Sep-21 1,716.90 1,699.71 1,706.70
23-Sep-21 1,742.55 1,704.03 1,708.87
24-Sep-21 1,763.85 1,709.01 1,711.75
27-Sep-21 1,721.15 1,710.38 1,712.80
28-Sep-21 1,687.10 1,707.49 1,711.96
29-Sep-21 1,692.25 1,706.53 1,711.56
30-Sep-21 1,675.20 1,705.33 1,709.34
1-Oct-21 1,665.15 1,703.57 1,707.07
4-Oct-21 1,665.15 1,701.78 1,704.81
4-Oct-21 1,678.75 1,701.29 1,702.81
5-Oct-21 1,692.80 1,700.05 1,701.87
6-Oct-21 1,673.55 1,698.13 1,699.81
7-Oct-21 1,691.00 1,698.11 1,698.58
8-Oct-21 1,723.85 1,700.51 1,699.08
11-Oct-21 1,690.95 1,698.68 1,698.85
12-Oct-21 1,685.15 1,696.56 1,698.14
13-Oct-21 1,709.20 1,694.34 1,699.19
14-Oct-21 1,715.75 1,691.13 1,700.07
18-Oct-21 1,792.15 1,695.87 1,703.12
19-Oct-21 1,822.15 1,704.87 1,706.18
20-Oct-21 1,802.35 1,712.21 1,709.37
21-Oct-21 1,753.65 1,717.44 1,711.39
22-Oct-21 1,719.80 1,721.08 1,712.33
25-Oct-21 1,707.55 1,723.91 1,712.85
26-Oct-21 1,703.70 1,725.57 1,713.43
27-Oct-21 1,728.95 1,727.98 1,714.02
28-Oct-21 1,703.90 1,730.01 1,714.07
29-Oct-21 1,667.75 1,728.46 1,713.29
1-Nov-21 1,700.05 1,726.87 1,713.69
2-Nov-21 1,697.90 1,727.33 1,713.01
3-Nov-21 1,702.50 1,728.49 1,712.53
4-Nov-21 1,708.70 1,728.46 1,711.40
8-Nov-21 1,737.50 1,729.91 1,710.52
9-Nov-21 1,742.50 1,726.60 1,711.23
10-Nov-21 1,740.15 1,721.13 1,713.00
11-Nov-21 1,733.30 1,716.53 1,714.37
12-Nov-21 1,780.20 1,718.30 1,717.87
15-Nov-21 1,787.15 1,722.79 1,721.94
16-Nov-21 1,792.30 1,728.44 1,726.17
17-Nov-21 1,787.45 1,734.02 1,729.80
18-Nov-21 1,779.40 1,737.38 1,732.68
22-Nov-21 1,759.40 1,741.08 1,735.55
23-Nov-21 1,736.90 1,745.69 1,737.08
24-Nov-21 1,696.00 1,745.42 1,736.15
25-Nov-21 1,722.40 1,747.06 1,737.20
26-Nov-21 1,691.65 1,746.33 1,737.41
29-Nov-21 1,696.35 1,745.51 1,736.98
30-Nov-21 1,712.65 1,743.85 1,736.88

STANDARD 371.62161
DEVIATION 84

FINANCIAL RATIOS

Mar Mar Mar Mar Mar

Particulars
2021 2020 2019 2018 2017
Debt-Equity Ratio 0.08 0.04 0 0 0
Long Term Debt-Equity
Ratio 0.07 0.03 0 0 0
Current Ratio 2.32 2.38 2.72 3.04 3.42
Fixed Assets 2.81 3.01 3.41 3.04 3.07
Debtors 5.32 5.45 5.91 5.54 5.79
Interest Cover Ratio 137.55 130.45 0 0 0
PBIDTM (%) 29.95 27.61 27.88 31.38 31.62
PBITM (%) 26.7 24.43 25.45 28.74 29.13
PBDTM (%) 29.75 27.43 27.88 31.38 31.62
CPM (%) 22.58 21.51 21.07 25.37 23.44
APATM (%) 19.33 18.33 18.64 22.73 20.96
ROCE (%) 37.08 34.14 32.87 30.17 30.46
RONW (%) 29.58 26.89 24.21 23.94 21.96
Debtors Ratio: Debtors Turnover Ratio = Net Credit Sales/Average Account Receivable.
Where, Average Account Receivable includes trade debtors and bill receivables. Higher the
Debtors turnover ratio, better is the credit management of the firm.

The Debtors ratio has remained flat over the last 5 years indicating that the credit is managed
well by the Company.

Interest Coverage Ratio: The ratio is calculated by dividing EBIT by interest on debt
expenses (the cost of borrowed funding) during a given period, usually annually.

The Interest coverage ratio has been good in the last 2 years indicating that the company is
well positioned to pay its debts using the earnings.
Fixed Assets Ratio: Fixed Assets ratio is a type of solvency ratio (long-term solvency) which
is found by dividing total fixed assets (net) of a company with its long-term funds. It shows
the amount of fixed assets being financed by each unit of long-term funds. Fixed-asset
turnover is the ratio of sales to the value of fixed assets. It indicates how well the business is
using its fixed assets to generate sales.

The Company has a healthy Fixed assets ratio indicating that the Company is using its fixed
assets well to generate sales.

Debtors Ratio: Debtors Turnover Ratio = Net Credit Sales/Average Account Receivable.
Where, Average Account Receivable includes trade debtors and bill receivables. Higher the
Debtors turnover ratio, better is the credit management of the firm.

The company’s debtors ratio is quite high indicating that the Company is managing its credit
management quite well.
Cost per Mille: Cost per thousand (CPM), also called cost per mille, is a marketing term
used to denote the price of 1,000 impressions which is a measurement of how much money it
costs to reach 1000 customers.

APATM: An after-tax profit margin is a financial performance ratio calculated by dividing

net income by net sales. The after-tax profit margin is the same as the net profit margin.
APATM (%) (adjusted net profit / sales) * 100. ROCE (%) (adjusted net profit + tax +
interest) / (share capital + reserve + total debt – miscelleanous exp.

The Company is doing well on these ratios consistently over the previous years.
RONW: Return on Net Worth (RoNW) means the amount of profit or earnings a company
generates on the sheer strength of its shareholders' equity. RoE = Net profit/ shareholders'
equity. It means the amount of profit or earnings a company generates on the sheer strength
of its shareholders' equity.

The company’s RONW is steadily increased over the last 5 years which is a good sign.

ROCE: Return on Capital Employed (ROCE) is a financial ratio that measures a company's

profitability and the efficiency with which its capital is employed. is a financial ratio that
measures a company's profitability in terms of all of its capital. Return on capital employed is
similar to return on invested capital (ROIC). A higher ROCE shows a higher percentage of
the company's value can ultimately be returned as profit to stockholders. 
The company’s ROCE is steadily increased over the last 5 years which is great for the
shareholders.