Infosys shares tumble over 5 pc after earnings report
The Bengaluru-based company's net profit (after minority interest) was Rs 4,321 crore in the January-March 2020 quarter.
The Bengaluru-based company's net profit (after minority interest) was Rs 4,321 crore in the January-March 2020 quarter.
IndusInd was the top laggard in the Sensex pack, shedding 3 per cent, followed by HDFC, ONGC, Kotak Mahindra, Bajaj Finance, Maruti Suzuki and Bharti Airtel.
It has revised the FY21 revenue growth guidance upward to 2-3 per cent in constant currency.
BSE Sensex ended witnessed a fall of 334.54 points or 0.85 percent at 38,963.84.
On Tuesday, company’s shares dropped 14.37 per cent during intraday trade at 1307 hours.
At 1152 hours the BSE Sensex plunged 67.63or 0.17 per cent at 39,230.75, while Nifty fell 23.75 points or 0.20 per cent 11,638.10points.
Infosys shares were trading with declines in the late morning trade on Monday after fresh row erupted between the company…
