Nifty is up 15% since March 01 2014. On other hand, Infosys is down 23% during the same time. That's how steep Infosys under performance has been.
It seems Infosys is really struggling fundamentally and with stock now below 3000, it looks very unlikely that institutions will touch this stock in near term and that may lead to more underperformance.
Buy Low Sell High is not a great strategy when stock is firmly in downtrend 🙁
Disclaimer – The column is purely for educational purpose.