Infosys ADR plummets over 6% on weak guidance; stock falls 4%
Post Q2 results, the U.S.-listed shares of Infosys plunged 6.5% to $16.46 in overnight trade on NYSE after the IT heavyweight cut revenue guidance for the second in a row.
infosys q2 results
October 2023
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Infosys to release Q2 results, interim dividend on Oct 12
The financial results and proposal for interim dividend, if any, will be presented to the board of directors on October 12, 2023 for their approval,” Infosys says in an exchange filing.
₹9,300 Infosys share buyback at 30% premium
The board of Infosys on Thursday approved to buyback of 5.02 crore equity shares of the face value of ₹5 at ₹1,850 per share for about ₹9,300 crore.
Infosys net profit surges 10% to ₹4,110 crore
Revenue rises 17.3% due to better digital offerings and broad-based growth across business segments.
IT majors poised to report strong Q2, TCS may lead
Tier-I firms expected to post quarter-on-quarter top line growth in the range of 0.5- 4.5%, said analysts
