Infosys Shares Plummet to Lowest Point in Six Years, Market Value Falls Below Rs 5 Trillion
Synopsis
Key Takeaways
Mumbai, March 17 (NationPress) Shares of Infosys faced intense selling pressure on Tuesday, as the stock plummeted to a low not seen in over six years during intra-day trading.
The stock fell by as much as 3 percent, reaching Rs 1,215.15 on the BSE, dipping below its prior low of Rs 1,215.45 recorded in April 2023. This represents its lowest point since December 2020.
The recent downturn has been quite pronounced. In the calendar year 2026 to date, Infosys shares have decreased by approximately 25 percent, which is significantly higher than the 11.4 percent decline observed in the Nifty 50 index.
This drop reflects rising apprehensions surrounding the company's revenue growth prospects in the face of an unpredictable demand landscape.
The substantial decrease in share price has also diminished the company's market valuation. At one point during the trading session, Infosys’ market capitalization fell below Rs 5 trillion, reaching about Rs 4.93 trillion.
However, by around 1:35 PM, the stock showed a slight recovery, trading at Rs 1,234, down 1.3 percent from its previous close, with market capitalization again nearing the Rs 5 trillion threshold.
Over the past five days, the shares have returned a negative of 4.69 percent to investors. In the last month alone, the stock has plunged over 11.3 percent.
In the last six months, shares have decreased by nearly 19 percent, and on a year-to-date basis, Infosys has fallen by more than 24 percent.
Over the past year, the decline has been consistent, with a reduction of approximately 22.5 percent.
Meanwhile, the company has announced a board meeting scheduled for April 22 and 23, 2026.
During this meeting, the board will deliberate on and approve the audited financial results for the quarter and the complete financial year ending March 31, 2026. It will also address the recommendation for a final dividend for the fiscal year.