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INFOSYS ADR SLUMP
Infosys shares tumble 6% after Q4 results. What Morgan Stanley, other top brokerages are sayingInfosys shares dipped following a 21% profit rise, as a weaker-than-expected FY27 revenue growth forecast of 1.5% to 3.5% disappointed expe...- Wipro, Infosys ADRs fall over 2% after TCS reports Q4 results. What to expect on Friday?ADRs of Wipro and Infosys declined after Tata Consultancy Services reported steady Q4 results with strong deal wins and rising AI revenue. ...
- 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...
- Friday the 13th effect? D-St investors suffer Rs 7 lakh crore shock as Sensex sinks over 1,000 pointsIndian stock markets ended sharply lower on Friday. The Sensex and Nifty saw significant drops. This decline was driven by a major selloff ...
- Stocks in news: SpiceJet, TCS, Infosys, Coal India, HindalcoIndian markets closed lower on Thursday due to a sharp correction in IT stocks. Despite supportive global and domestic factors, the IT pack...
- Infosys ADRs plunge over 7%, Wipro down 5% as tech turbulence deepens on Wall StreetInfosys’ American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wip...
- H-1B fee deepens sell-off fears for already battered Indian IT stocks. What to expect on Monday?Indian IT stocks came under pressure after US President Donald Trump announced a steep hike in H-1B visa fees to $100,000 per year. While t...
- 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...
- ADRs of Wipro, Infosys slump as Accenture cuts guidance on clouded outlookThe IT industry has been grappling with sluggish demand for software and consulting services as high interest rates discouraged enterprises...
- HDFC Bank drops 8.4% on margin worries"Since HDFC Bank is a darling of the market, the expectations were higher and the lower delivery led to harsh reactions," said Siddhartha K...
- Leadership crisis deepens at Infosys as CFO Nilanjan Roy resignsRoy's last day will be effective from March 31, 2024, Infosys said in a regulatory filing.
- Stocks in news: Quick Heal, Infosys, Wipro, Adani Green, SBI Life, Uno Minda, EmamiAmerican venture capital firm Sequoia Capital has exited Quick Heal Technologies Ltd, by selling its entire 3.4% stake in the company throu...
- Infosys, Wipro ADRs slump on NYSE as Accenture offers bleak growth outlookAccenture, which released its earnings for the three months ended August, guided a meagre 2-5% growth in annual revenue in the backdrop of ...
- 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...
- Infosys posts biggest fall since Covid selloff, leads plunge in IT countersThe NSE IT index dropped 4.7% to its lowest in two years, while the Nifty fell 0.7%. Analysts are recommending investors to postpone purcha...
- Stocks in news: Infosys, HDFC Bank, ZEE, Angel One, BrightcomInfosys has reported a weak set of numbers for the fourth quarter as its revenue in constant currency terms slumped 3% sequentially. The op...
- Infosys ADRs slump nearly 9% on NYSE on weak Q4 numbers, subpar guidanceADRs of Infosys are currently trading 8.51% lower at $15.62. A poll by ET Now had expected Infosys to clock a profit of Rs 6,550 crore and ...
- GMO’s Jeremy Grantham throws weight behind Infosys, ICICI BankGrantham’s hedge fund GMO bought substantial American Depository Receipts of ICICI Bank and Infosys during the December quarter, at a time ...
- Indian ADRs shed $2 bn in a week, ICICI Bank loses mostIndian entities listed on US bourses lost $2.02 bn from their total m-cap, with ICICI Bank alone shedding $2.14 bn from its valuation to $2...
- IT stocks tumble on slump in ADRs, strong rupeeIT stocks fell on Friday tracking a slump in the ADRs of IT companies in US markets on Thursday.
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