Infosys shares fell over 4% on January 17, 2025, trading at Rs 1835.15, despite reporting strong Q3 results. The drop of 4.88% reflects potential profit booking or cautious market sentiment.
Key highlights from the Q3 results include an increase in FY25 constant currency revenue growth guidance to 4.5%-5.0%, with operating margins expected between 20%-22%. These figures, though robust, did not prevent the decline in share price.
The market's reaction indicates a broader concern among investors, suggesting that even strong earnings reports may not guarantee positive stock performance in uncertain conditions.