Infosys stock: IT stock slips 1.3% after Q1 results, Rs 8,661 crore...

Infosys stock: IT stock slips 1.3% after Q1 results, Rs 8,661 crore in market value wiped off

Posted

Infosys shares experienced a decline of over 1% on Thursday due to profit-booking following the release of its Q1 FY26 results, resulting in a significant market capitalization loss. Despite reporting an 8.7% year-on-year rise in consolidated net profit, the company's narrowed revenue guidance and broader market weakness contributed to the stock's downward trend.

Read Full Article

Please log in to like, share and comment!