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Infosys Shares Plummet 1650 to 1248: Company Makes Major Announcement Amidst Decline
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Infosys Shares Plunge 21% in a Year; Board Meeting, Dividend Announcement Expected
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CNBC Awaaz
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15-03-2026, 18:55
Infosys Shares Plunge 21% in a Year; Board Meeting, Dividend Announcement Expected
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Infosys shares slipped from 1650 to 1248 rupees, marking a 21% fall in one year and 13% over three years.
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Weakness is attributed to IT sector demand uncertainty, slowdown in global tech spending, and continuous FII selling.
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Foreign Institutional Investors (FIIs) reduced their stake from 30.12% in December 2024 to 27.74% by December 2025.
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The company announced a Board of Directors meeting on April 22-23, 2026, to approve Q4/FY26 results and potentially recommend a final dividend.
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The trading window will close on March 16, 2026, and reopen on April 27, 2026; results and an investor call are scheduled for April 23, 2026.
Read Full Article on Cnbc in Hindi
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