Infosys share price jumps 5%: Why is the IT stock rising today
Shares of Infosys Ltd rose nearly 5% in early trade on Thursday after the company announced its Q3 FY26 results and raised its revenue growth outlook, surprising the Street.
As per the exchange data, Infosys shares were trading around Rs 1,667 as of 9:25 am, up nearly Rs 69 from the previous close of Rs 1,599. The stock opened strong and stayed in the green through the session, with buying interest remaining firm.
The sharp rise in the stock price came after Infosys posted better-than-expected revenue numbers for the December quarter and signalled that demand conditions are improving.
Infosys reported constant currency revenue growth of 0.6% quarter-on-quarter. This was higher than market expectations, which were for flat…
