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Infosys Valuation Dips Under Rs 5 Lakh Crore as Shares Plunge 3% to 2-Year Low
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Infosys Plunges to 2-Year Low, Valuation Dips Below Rs 5 Lakh Crore
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News18
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17-03-2026, 15:24
Infosys Plunges to 2-Year Low, Valuation Dips Below Rs 5 Lakh Crore
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Infosys shares fell nearly 3% to Rs 1,215, marking its lowest level since April 2023, amid a tech stock sell-off.
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The company's market capitalization has eroded by Rs 1.72 lakh crore in under two months, now valued at Rs 4.92 lakh crore.
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Rising crude oil prices and US-Israel-Iran tensions are creating headwinds for the IT sector, potentially delaying interest rate cuts.
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JM Financial maintains a 'Buy' rating, citing stable demand, intact FY26 revenue growth guidance, and early recovery signs in key segments.
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Infosys will announce its Q4FY26 and full-year results on April 23, 2026, with the trading window closed until April 26.
Read Full Article on News18 in English
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