Infosys ADR price decline suggests the likelihood that Infosys shares will open on weak note when the Indian stock market opens for trading on January 17.

Infosys Ltd American depositary shares (Infosys ADR) rose on Thursday in NYSE trading, following the raising of FY25 guidance by the Indian IT major after its December quarter results. Infosys upgraded its FY25 revenue growth guidance to 4.

The fall in Infosys' US-listed shares came despite the company revising its revenue growth guidance higher for the third quarter in a row. Infosys now expects revenue growth in financial year 2025 to range between 4.

Infosys ADR crashed six per cent to $21.515 on the American stock exchange even after the IT major IT major hiked its FY25 revenue growth guidance for the third straight quarter

Infosys reported a better than expected Q3FY25 results with an all-round beat on Streets estimates, demonstrating continued resilience in a mixed demand environment.

Infosys have a "buy" rating on the stock. Nine others have a "hold" rating, while five have a "sell" recommendation.

Infosys shares fell nearly 5% after its Q3 results showed an 11% YoY net profit growth, reaching Rs 6,806 crore, and revenue increasing 8% YoY to Rs 41,764 crore. Despite revising its revenue guidance upwards,

The Infosys stock plunged 4.96 per cent to hit a low of Rs 1,830.50 on BSE. The stock is up 11 per cent in the past one year.

Infosys while declaring its Q3 results, raised its guidance on the back of growth in financial services and manufacturing. For the third consecutive quarter