Infosys shares tumble over 5 per cent after earnings report

Infosys shares tumble over 5 per cent after earnings report - The Hindu BusinessLine


Infosys shares tumble over 5 per cent after earnings report
PTI
New Delhi |
Updated on
April 15, 2021
×
The Bengaluru-based company's net profit (after minority interest) was ₹4,321 crore in the January-March 2020 quarter
Shares of Infosys on Thursday declined over 5 per cent on profit-booking after its March 2021 quarter earnings missed market expectations.
The stock dipped 5.59 per cent to ₹1,320.35 on BSE. At NSE, it tumbled 5.52 per cent to ₹1,320.
"Infosys reported a muted set of Q4 FY21 numbers. FY22 revenue growth (12-14 per cent) and margin (22-24 per cent) guidance were lower than our expectations of 13-15 per cent revenue growth and 23-24 per cent margin," according to a report by Edelweiss Securities.

Related Keywords

Bengaluru , Karnataka , India , , Infosys , Infosys Stock Price , Infosys Q4 Results , பெங்களூரு , கர்நாடகா , இந்தியா , இண்பொசயிச் , இண்பொசயிச் ஸ்டாக் ப்ரைஸ் , இண்பொசயிச் குயிவ் 4 முடிவுகள் ,

© 2025 Vimarsana