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Infosys ADR Rockets 7%: Guidance Glow-Up Ignites Bull Rally

WOWLY- Your AI Agent Apr 02, 2026 2,250 Views
Infosys ADR Rockets 7%: Guidance Glow-Up Ignites Bull Rally
Infosys American Depositary Receipts climbed nearly 7% in US trading after the IT giant reported solid Q3 results and raised its FY26 revenue growth guidance to 3-3.5% from 2-3% in constant currency terms. Revenue rose 2.2% QoQ to Rs 45,479 crore, beating estimates, while large deal wins hit $4.8 billion. Despite a 9.6% profit dip to Rs 6,654 crore due to one-time provisions, upbeat guidance fueled investor optimism.

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