Infosys, Wipro ADRs crash up to 7% as IBM warning sends ripples across IT sectorInfosys and Wipro ADRs fell after IBM forecast weaker-than-expected quarterly revenue, signalling enterprise spending is shifting from soft...
Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecastInfosys and Wipro ADRs plunged following Accenture’s reduced FY26 revenue forecast. This downgrade highlights enterprise caution regarding ...
Infosys ADRs tumble 5%, Wipro slips over 3% as Wall Street rattled by inflation data and AI fearsInfosys and Wipro ADRs tumbled on the NYSE amid AI-driven fears and higher-than-expected US wholesale inflation. Block's CEO Jack Dorsey an...
Infosys ADRs fall 7% in the opening trade, snap three-session winning streakAfter an unprecedented 40% surge on Friday, Infosys’ American Depositary Receipts (ADRs) slipped more than 7% on Monday to hit an intraday ...
Infosys shares jump 3% after company clarifies about no material events as ADRs jump 40%Infosys shares are in focus after sharp volatility in its ADRs on the NYSE, driven by heavy trading volumes and sector-wide optimism. The c...
Infosys ADRs 40% spike linked to a "bizarre" technical glitch, says reportInfosys ADRs surged as much as 40% on the NYSE before trading was halted twice, despite the company denying any material trigger. A Canada-...
Explainer: Why Infosys ADRs jumped 40% and why the NYSE halted tradingInfosys ADRs surged 40% on the NYSE, hitting a 52-week high of $30 and triggering two trading halts. Analysts cite a combination of a short...
Infosys ADRs: Here's what company said on unprecedented 40% spike, trading pauseInfosys ADRs surged 40% on the NYSE, hitting a 52-week high of $30 before settling at $20.22, triggering two trading halts. The company cla...
Infosys ADR trading halted on NYSE after 40% surgeInfosys ADR Stock: The New York Stock Exchange (NYSE) has stopped halted the trading of Infosys' American Depository Receipts (ADRs) after ...
Infosys ADRs jump over 9% after robust Q1 numbers; that of Wipro up 4%Following a strong Q1 performance and positive momentum in financial services deals in North America, the company has revised its FY25 reve...
Infosys ADR slumps 3% on Q4 miss, softer FY25 guidance"Infosys weak quarterly numbers, lower-than-expected guidance for FY25 and declining headcount reflects continuity in weak, with the only s...
No negative element in Q3 is good news for Infosys as ADRs rise nearly 5%Infosys ADRs are currently trading at $18.99, up about 4.8% from the previous close. The Bengaluru-based software exporter’s net profit fel...
Infosys ADRs plunge 6% to 2-month low on NYSE as FY24 guidance cut upsets investorsInfosys ADRs hit a low of $16.21 — their lowest level since July 28. Constrained by the slowdown in the developed economies, the software s...
Infosys ADRs slump 11% after drastic cut in FY24 revenue guidanceThe Bengaluru-based software major has reported 11% year-on-year growth in net profit at Rs 5,945 crore for the quarter ended June. The pro...
Earnings impact: Infosys ADR shares jump 5% in US tradingThe movement in ADR shares is a good indicator of how the stock will behave in Indian markets on Thursday when trading resumes
- Indian IT no more bellwether abroad
Global perception about investing in Indian IT stocks is undergoing a change with top IT companies witnessing a decline in market capitalis...
- Sponsored ADR issues no longer require CCEA nod
The Cabinet Committee on Economic Affairs (CCEA) nod is no longer required for sponsored ADR issues with proceeds going to existing shareho...