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

Dununu.com Dununu

Sponsorluk

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

RSS Feed Business

Posted

48

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!

Akshay, Ajay, and other celebs honour real heroes

On Kargil Vijay Diwas, India commemorates the valor and sacrifice of its soldiers during the 1999...

By 0 0

For the first time in his career! Bumrah creates unwanted record at Old Trafford

Jasprit Bumrah endured a tough outing in the fourth Test against England, conceding over 100 runs...

By 0 7

'Indian citizens pushed into Bangladesh at gunpoint': Owaisi makes shocking claims; calls detention of Bengali-speaking Muslims 'illegal'

By 0 12

Gulmi-Kathmandu Contact Forum of Biplav-led NCP merges with Maoist Centre

KATHMANDU: The Gulmi–Kathmandu Contact Forum of the Netra Bikram Chand...

By 0 18

'Asked for a smoking room': Kiren Rijiju recalls first request to Speaker - here's what he got instead

By 0 26