INFOSYS ADR
Infosys guidance shock may hit stock despite numbers bounce
Infosys released its quarterly results, showing good revenue growth and stable operating margins. However, the management reduced the annual revenue guidance due to competitive pressures. The company secured a significant $2 billion deal, boosting its total contract value to $5.2 billion. Despite positive performance from some sectors, weaknesses in others contributed to the cautious outlook. The market response led to a rise in the stock price, affecting valuation metrics.
Infosys CEO says macro recovery looks ‘a little bit more uneven’ than expected
Infosys has lowered its FY27 revenue growth forecast to 1-2%, indicating challenges in recovering technology spending. Chief executive Salil Parekh noted uneven market conditions, with some sectors yet to experience improvement. Despite growing AI-related revenue, traditional services are facing productivity compressions as clients aim to cut costs. The company achieved large deal wins worth $3.6 billion, with most being net new business.
Infosys ADRs crash 6% after Q2 results as revenue guidance cut spooks investors
Infosys ADRs fell 6.3% after the company lowered FY27 revenue growth guidance to 1-2%, despite September-quarter revenue beating estimates. Profit missed expectations, while large deal wins and AI revenue growth offered support amid cautious technology spending.
Infosys, TCS, Wipro and other IT stocks rise up to 4%. Here are 3 important triggers to watch
IT stocks including TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Coforge and Persistent Systems rose up to 4% on Friday. The gains came amid a confluence of factors, including second-quarter earnings and the US suspension of a certification programme. TCS and Wipro were among the key gainers, while midcap IT stocks also saw strong buying interest during the session.
Stocks in news: TCS, ITC, Infosys, Cochin Shipyard and RIL
On Thursday, the financial markets took a hit, plummeting by almost 1.5% due to robust selling pressure. The Nifty index wavered near its April 2026 low, suggesting ongoing vulnerabilities. In a positive twist, TCS announced a notable 15% rise in its consolidated net profit for the second quarter. Meanwhile, ITC engaged in a substantial block trade, while shares of Infosys and Wipro faced declines during US market hours.
Infosys, Wipro ADRs fall nearly 3% after TCS earnings, US crackdown on H-1B-linked green card programme
Infosys and Wipro ADRs fell nearly 3% in US trading as investors assessed TCS’s quarterly results and fresh US immigration restrictions. Concerns over technology spending, AI disruption and tighter employment-based immigration added pressure to Indian IT stocks.
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TCS, Infosys and other IT stocks in focus after Accenture Q4 revenue, outlook beat estimates
Indian IT stocks including TCS and Infosys are in focus following Accenture's strong Q4 results and above-estimate revenue guidance. While the outlook signals potential recovery in discretionary technology spending, analysts warn that Indian IT firms may still report their weakest Q2 growth in three years amid AI-led pricing pressures.
Blockbuster Accenture show holds out hope for battered Indian IT
Accenture's latest financial performance has sparked renewed optimism among investors in the Indian IT sector. The strong results hint at a revival in client discretionary spending. Analysts underscore the need for Indian IT firms to enhance their artificial intelligence capabilities to successfully tackle upcoming challenges. Accenture's forecast suggests improved market conditions and steady margins, painting a picture of a resilient industry.
Stocks in news: HDFC Bank, Infosys, Yes Bank, Hindustan Zinc and RVNL
Indian equities continued their downward trend due to rising global bond yields and high crude oil prices. The Nifty 50 fell by 198.50 points, while the BSE Sensex decreased by 570.59 points. Key companies like HDFC Bank and Infosys made significant corporate announcements amidst these market conditions. HDFC Bank appointed a new Managing Director and CEO following regulatory approval.
IT firms reboot fresher hiring, but experienced pros hold upper hand
Fresher hiring, which fell to a record low of around 110,000 in FY26, will reach 115,000 to 135,000 this fiscal year, according to recruitment firm Quess Group’s estimates. This marks a likely increase of 4.5-22.7%.
Infosys, Wipro ADRs soar up to 8% as strong Accenture earnings forecast lifts mood
Infosys and Wipro ADRs rallied in US premarket trading after Accenture forecast stronger-than-expected annual revenue growth. Its upbeat outlook eased concerns over global technology spending, while steady consulting, managed-services and AI demand improved sentiment toward Indian IT exporters.
Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecast
Infosys and Wipro ADRs plunged following Accenture’s reduced FY26 revenue forecast. This downgrade highlights enterprise caution regarding discretionary IT spending, impacting Indian IT giants despite their AI investments and ongoing transformation projects, overshadowing recent cybersecurity acquisitions.
Infosys ADRs tumble 5%, Wipro slips over 3% as Wall Street rattled by inflation data and AI fears
Infosys and Wipro ADRs tumbled on the NYSE amid AI-driven fears and higher-than-expected US wholesale inflation. Block's CEO Jack Dorsey announced significant workforce reductions, citing AI's potential to enable smaller teams to achieve more, a move that boosted Block's stock. European markets mostly mirrored the pessimistic sentiment.
Infosys ADRs plunge over 7%, Wipro down 5% as tech turbulence deepens on Wall Street
Infosys’ American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wipro’s ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian exchanges, with weakness spilling over to Wall Street.
Infosys ADRs fall 7% in the opening trade, snap three-session winning streak
After an unprecedented 40% surge on Friday, Infosys’ American Depositary Receipts (ADRs) slipped more than 7% on Monday to hit an intraday low of $18.78, snapping a three-session winning streak.
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 company clarified there were no material developments behind the move. The rally followed strong Accenture results, reinforcing positive sentiment around Indian IT stocks and near-term sector momentum.
Infosys ADRs 40% spike linked to a "bizarre" technical glitch, says report
Infosys ADRs surged as much as 40% on the NYSE before trading was halted twice, despite the company denying any material trigger. A Canada-based report attributed the spike to a bizarre ticker-mapping glitch that may have confused automated trading systems amid thin year-end liquidity.
Explainer: Why Infosys ADRs jumped 40% and why the NYSE halted trading
Infosys 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 squeeze, automated trading glitches, and low holiday liquidity. Infosys clarified there were no material developments behind the sharp spike.
Infosys ADRs: Here's what company said on unprecedented 40% spike, trading pause
Infosys ADRs surged 40% on the NYSE, hitting a 52-week high of $30 before settling at $20.22, triggering two trading halts. The company clarified that no material events required disclosure. The rally follows Accenture’s strong AI-driven revenue beat, highlighting potential trends for the broader Indian IT sector.
Infosys ADR trading halted on NYSE after 40% surge
Infosys ADR Stock: The New York Stock Exchange (NYSE) has stopped halted the trading of Infosys' American Depository Receipts (ADRs) after it surged 40% to $26.62 on Friday, according to a CNBC-TV18 report.
Wipro, Infosys ADRs plunge up to 6% after TCS Q1 earnings announcement
Wipro and Infosys ADRs declined over 6% and 4% respectively after TCS Q1FY26 results. Despite beating profit estimates, TCS flagged macroeconomic headwinds and subdued demand, sparking concerns across Indian IT stocks.
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 revenue growth guidance upwards, projecting a 3-4% increase in constant currency, compared to the previous 1-3% estimate. This upward revision reflects increased confidence in the company's outlook for the remainder of the fiscal year.
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 silver lining being strong large deal TCV in Q4 and record $17.7 billion in FY24," said Sanjeev Hota, Head of Research, Sharekhan by BNP Paribas.
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 fell 7% to Rs 6,106 crore in the quarter ended December. However, the profit figure was on par with ET Now poll estimate of Rs 6,140 crore.
Infosys ADRs plunge 6% to 2-month low on NYSE as FY24 guidance cut upsets investors
Infosys ADRs hit a low of $16.21 — their lowest level since July 28. Constrained by the slowdown in the developed economies, the software services exporter cut constant currency revenue growth guidance to 1.0-2.5% from 1.0-3.5% earlier
Infosys ADRs slump 11% after drastic cut in FY24 revenue guidance
The 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 profit is lower than the ET Now Poll estimate of 6,150 crore. Infosys’ earnings remained muted on a sequential basis in the June quarter, given a significant slowdown in business amid global macroeconomic headwinds.
Earnings impact: Infosys ADR shares jump 5% in US trading
The movement in ADR shares is a good indicator of how the stock will behave in Indian markets on Thursday when trading resumes
Infosys ADR plunges 6% even as US stocks finished mostly higher
Infosys ADR fell over 6% to end at $56.01 on the US bourses after the company said its sales growth in FY14 will be near the lower end of its guidance.
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 capitalisation. According to data compiled by ET, ADRs (American Depository Receipts) of top tier Indian IT companies listed on the Nasdaq and NYSE have declined in value over the past 12 months.
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