Infosys shares rallied sharply in early trade, rising over 5% after the IT major reported its Q3 FY26 results. The stock gained despite a 2.2% year-on-year decline in consolidated net profit, as investors focused on raised revenue guidance and steady deal wins.
Infosys Share Price Movement
- Opening trade: Stock climbed 4.14% to ₹1,666.1
- Intraday move: Shares extended gains to over 5%
- Strong buying interest reflected brokerage optimism post results
Why the Stock Rose Despite Profit Decline
- Infosys raised its FY26 revenue growth guidance, boosting confidence in demand outlook
- Deal wins remained steady, supporting medium-term growth visibility
- The profit decline was largely attributed to a one-time labour code-related charge, which analysts view as non-recurring
Brokerage Views
Most brokerages reiterated bullish calls on Infosys, citing:
- Improved revenue visibility
- Strong order pipeline
- Margin normalization expectations going forward
Analysts believe the guidance upgrade outweighs the near-term earnings miss.
Key Highlights
- Infosys shares jump over 5% post Q3 results
- Stock opens at ₹1,666.1, up 4.14%
- Net profit down 2.2% YoY due to one-off charges
- Brokerages positive on guidance hike and deal wins
⚠️ Disclaimer: This article is for informational purposes only and does not constitute investment advice. IT stocks are subject to global demand and currency risks.
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