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Infosys Share Price Declines on Growth Concerns Shares of Infosys Ltd., India’s second-largest IT services provider, fell nearly 5% to ₹1,580.10 per share on the NSE on March 12, 2025, following concerns raised by global investment bank Morgan Stanley over the company’s growth outlook and valuation multiples. The sharp decline comes after Morgan Stanley highlighted…
IT Sector Faces Sharp Selloff Amid Weak US Economic Outlook The Indian information technology (IT) sector witnessed heavy selling pressure on Monday, February 24, as concerns over weakening US economic indicators and trade policy uncertainties triggered a broad-based decline in IT stocks. The NIFTY IT index, which tracks the performance of major IT companies listed…
Infosys Q3 Results FY25: Net Profit Jumps 11.46% YoY to ₹6,806 Crore Infosys, India’s second-largest IT services provider, announced its financial results for the third quarter of FY25 on January 16, 2025. The company reported an 11.46% year-on-year increase in consolidated net profit, which rose to ₹6,806 crore from ₹6,106 crore in the same quarter…