Keywords : IT sector, Stock prices, Firm-specific factors.

Abstract : The Indian IT sector is important for both countries’ economic growth and the global digital revolution. The Indian IT sector is a world leader in digital transformation, outsourcing, and software services, and it helps other businesses by increasing digital adoption and efficiency. The valuation of an IT company is closely linked to its share price, which is affected by several factors. This study examines the key firm-specific financial factors influencencing share prices of Infosys in India. Firm-specific indicators, such as basic earnings per share (EPS), price to net operating revenue ratio, total revenue, and net operating cash flow, are evaluated for their impact on stock performance. This analysis uses secondary data from multiple sources cover the last ten years, from 2014 to 2024. Multiple regression analysis was used to examine how independent variables affect the dependent variable. Basic EPS has the greatest overall influence on the closing share price, but other financial measures such as Net Operating Cash Flow, Price to Net Operating Revenue Ratio, and Total Revenue have a smaller or insignificant effect. The results can help investors, policymakers, and financial analysts make judgments about Indian IT companies by shedding light on the effects of firm-specific and macroeconomic factors on these companies’ share prices.

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