Shares of technology bellwether Infosys Ltd ., the country's second-largest IT services company, opened lower on Friday, October 17, after the company announced its quarterly results post market hours on Thursday. So far in 2025, the stock has declined 21.2%, even as the Nifty50 has gained 8.2% during the same period.

On Wall Street, Infosys' ADRs (American Depositary Receipt) were the first to react, falling 2.25% to $16.07 after results. In India, the stock had ended flat at ₹1,471.50 ahead of the announcement.

Infosys reported a 2.2% quarter-on-quarter constant currency (CC) revenue growth in Q2FY26, slightly above estimates of 1.8%. However, EBIT margins came in at 21%, missing expectations of 21.3%.

The company narrowed its FY26 revenue growth guidance to 2-3% YoY CC, compared wi

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