Κανάλι YouTube

Είσοδος

Infosys ADR Drops 9.7% After Accenture Lowers Forecast

Bengaluru, June 19, 2026, 02:32 (IST) Infosys’ ADR fell sharply in late trading in New York on Thursday, dropping around 9.7% to $10.57. The drop hit after Indian markets had closed, so traders will look to Friday’s session for the local reaction to the global pressure on tech-services stocks. (Infosys) Accenture was the mover. The consulting giant pared back its local-currency revenue-growth outlook for fiscal 2026 to 3%-4%, down from 3%-5%. Its fourth-quarter revenue guidance came in at $17.75 billion to $18.4 billion, short of the $18.47 billion analysts expected. Bookings for the quarter fell roughly 2% to $19.3 billion.

The post Infosys ADR Drops 9.7% After Accenture Lowers Forecast appeared first on India Stocks Daily.

Νέα του Συλλόγου