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What does Infosys do?

Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other.

What happened to Infosys ADRs?

The stock fell 5.59 per cent to hit a low of Rs 1,320.35 on BSE on Thursday. In overnight trade, Infosys ADRs fell 5.98 per cent to close at $17.31. Credit Suisse called the March quarter earnings unimpressive and said FY22 guidance was conservative.

What's happening with Infosys Ltd?

Infosys Ltd is currently trading around 1526. We had a V shape recovery in price but now people are taking profits and selling their share. Price also deviated above previous high of 1631.35 and now it's trend is changed in downwards direction. Nifty is also looking bearish at the moment. Expecting Infy to Fall around 1355 and below.

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