• SENSEX
    NIFTY 50
Market

Infosys shares fall 4% on muted Q2 results; brokerages remain cautious

Updated : October 14, 2019 09:48 AM IST

Infosys reported a 2.2 percent year-on-year (YoY) drop in net profit at Rs 4,019 crore for Q2.
The company raised its FY20 growth guidance to 9-10 percent from 8.5-10 percent earlier.
Credit Suisse has an 'underperform' call on the stock but raised its target to Rs 720 per share from Rs 690 earlier.
Infosys shares fall 4% on muted Q2 results; brokerages remain cautious
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV