Fri Jan 17 10:24:27 UTC 2025: ## Infosys Stock Plunges Despite Strong Q3 Earnings
**Mumbai, India** – Infosys shares experienced a significant drop of 5.15 percent on the BSE Friday morning, despite the company announcing robust third-quarter results showing substantial growth in both profit and revenue. The unexpected downturn occurred despite a net profit surge of 11.46 percent year-on-year, reaching ₹6,806 crore, and a 7.58 percent year-on-year revenue increase to ₹41,764 crore.
The company’s upward revision of its full-year revenue growth guidance to 4.5-5 percent in constant currency terms, reflecting strong Q3 performance and increased deal wins, failed to prevent the stock’s decline. While the stock reached a 52-week high of ₹2,006.80 on December 13, 2024, and a low of ₹1,359.10 on June 4, 2024, Friday’s fall remains unexplained. Analysts are currently speculating on the reasons behind the market’s negative reaction to the otherwise positive financial report.
First Piper 