Infosys Share Price History: Infosys is one of the leading IT services companies in India and the world, with a market capitalization of over Rs.5 lakh crore as of May 2023. The company was founded in 1981 by seven engineers, led by N.R. Narayana Murthy, with an initial capital of $250. The company made its initial public offering (IPO) in February 1993 and got listed on the Indian stock exchanges on June 14, 1993.
Since then, Infosys has grown exponentially, delivering high-quality software solutions and services to clients across various industries and geographies. The company has also created immense wealth for its shareholders, employees and stakeholders, through consistent dividends, bonus issues, stock splits and buybacks.
Many People Read This : Thermax Share Price History: Current Price, Dividend, Profit and Loss, Lows and Highs
In this blog post, we will take a look at the Infosys share price history and how it has evolved over the years.
Contents
The Infosys IPO was priced at Rs.95 per share, with a face value of Rs.10 per share. The issue was oversubscribed by 13 times and received a huge response from investors. The shares were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on June 14, 1993, with a huge premium of Rs.145 per share.
The Infosys share price has witnessed many ups and downs since its listing, reflecting the performance of the company and the industry, as well as the market sentiments and conditions. The company has also undergone several corporate actions, such as bonus issues, stock splits and buybacks, which have affected its share price.
IPO to May 2023:
Here is a summary of the Infosys share price history from its IPO to May 2023:
- June 14, 1993: Infosys shares listed at Rs.145 per share on BSE and NSE.
- June 15, 1994: Infosys declared its first dividend of Rs.0.50 per share.
- June 28, 1994: Infosys issued bonus shares in the ratio of 1:1.
- July 11, 1995: Infosys issued bonus shares in the ratio of 1:1.
- July 30, 1996: Infosys issued bonus shares in the ratio of 1:1.
- August 22, 1997: Infosys split its share from Rs.10 to Rs.5 face value.
- November 25, 1997: Infosys issued bonus shares in the ratio of 1:1.
- November 30, 1998: Infosys crossed Rs.1,000 mark for the first time.
- April 15, 1999: Infosys became the first Indian company to be listed on NASDAQ.
- June 02, 1999: Infosys issued bonus shares in the ratio of 1:1.
- July 07, 2000: Infosys crossed Rs.10,000 mark for the first time.
- July 13, 2000: Infosys split its share from Rs.5 to Rs.1 face value.
- November 30, 2000: Infosys issued bonus shares in the ratio of 1:1.
- April 15, 2004: Infosys crossed Rs.100 mark (post-split) for the first time.
- June 15, 2004: Infosys issued bonus shares in the ratio of 3:1.
- April 02, 2010: Infosys crossed Rs.3000 mark for the first time.
- October 15, 2014: Infosys announced its first ever share buyback of up to Rs.9,200 crore at a maximum price of Rs.2,000 per share.
- April 13, 2015: Infosys issued bonus shares in the ratio of 1:1.
- December 12, 2017: Infosys announced its second share buyback of up to Rs.13,000 crore at a maximum price of Rs.1,150 per share.
- August 24, 2018: Infosys crossed Rs.1400 mark for the first time.
After 2020
- September 04, 2020: Infosys crossed Rs.1000 mark (post-bonus) for the first time.
- January 08,2021: Infosys crossed Rs.1300 mark for the first time.
- February12 ,2021 :Infosys crossed Rs.1400 mark for the first time
- April16 ,2021 :Infosys crossed Rs.1500 mark for the first time
- May26 ,2023 :Infosys closed at Rs.1318.30 per share on NSE.
Also Read This. State Bank of India Share Price: History, Dividend, Lows, Highs,
The Infosys share price history shows that the company has been a consistent performer and a wealth creator for its shareholders over the years. The company has also rewarded its shareholders with regular dividends and bonus issues.
Some of the key takeaways from the Infosys share price history are:
- The Infosys IPO was priced at Rs.95 per share in February 1993 and got listed at Rs.145 per share in June 1993.
- The Infosys share price has increased by over 128 times since its listing till May2023 , excluding dividends and bonus issues.
- The Infosys share price has increased by over 27 times since its listing till May2023 , including dividends and bonus issues.
- The Infosys share price has compounded at an annualized rate of over 32% since its listing till May2023.
- The Infosys share price has compounded at an annualized rate of over 36% since its listing till May2023 , including dividends and bonus issues.
- The Infosys share price has outperformed the BSE Sensex and NSE Nifty indices by a wide margin since its listing till May2023 .
- The BSE Sensex has increased by over 18 times since June1993 till May2023.
- while the NSE Nifty has increased by over 20 times during the same period.
| Financial Year | Dividend Type | Dividend Amount (Rs. per share) | Announcement Date |
|---|---|---|---|
| 2022-23 | Final | 17.50 | April 13, 2023 |
| 2022-23 | Interim | 16.50 | October 13, 2022 |
| 2021-22 | Final | 16.00 | April 13, 2022 |
| 2021-22 | Interim | 15.00 | October 13, 2021 |
| 2020-21 | Final | 15.00 | April 15, 2021 |
| 2020-21 | Interim | 12.00 | October 14, 2020 |
| 2019-20 | Final | 9.50 | April 20, 2020 |
| 2019-20 | Interim | 8.00 | October 11, 2019 |
| 2018-19 | Final | 10.50 | April 12, 2019 |
| 2018-19 | Special | 4.00 | January 11,2019 |
| 2018-19 | Interim | 7.00 | October16 ,2018 |
| 2017-18 | Final | 20.50 | April12 ,2018 |
| 2017-18 | Interim | 13 .00 | October15 ,2017 |
Conclusion
The Infosys share price history is a testament to the company’s vision, values and excellence in delivering software solutions and services to its clients across the world. The company has also been a pioneer in adopting global best practices and standards in corporate governance and social responsibility.
Infosys has also been resilient and adaptive to changing market conditions and customer expectations over the years. The company has invested in new technologies and capabilities to stay ahead of the curve and create value for its stakeholders.
Disclaimer: This blog post is for informational purposes only and does not constitute any investment advice or recommendation. Please do your own research before investing in any stocks or securities mentioned here.
Also If You Found any incorrect data then please comment. we will correct it asap. Thank You