Infosys shared dropped

t March quarter results and FY24 guidance led to cut in analyst price targets

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Infosys Ltd (INFY) Share Price – Sector: IT - Software (Large Cap) – Volume: 53171705 Apr 17, 2023 16:00 IST ₹1,258.30 ₹-130.90 (-9.42%) –

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Infosys now requires 1.7 per cent to 2.8 per cent compounded quarterly growth rate over the next four quarters

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We cut our EPS by 4.4-6.3 per cent for FY24E/25E, factoring-in the disappointing Q4

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Infosys’ contracts saw OI jump 8.3% from the previous session as the price slipped 2.7% Thursday

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HCL Tech, the best performing large cap IT stock in the last one year

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the stock closed 2.74% lower at ₹1,389.20 as if traders anticipated a weak result

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Infosys has dropped 2.4%, 6.17% over the past 3 months

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52-week low for the share price is at ₹1355.5 per share which it broke today.

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