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

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

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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.

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