INFY

in Focus: ADR Rally, Upbeat Guidance Fuel Optimism Post Q3

shares are expected to remain in focus after the IT major posted Q3 FY26 results and raised its revenue growth outlook, while its US-listed ADRs jumped about 8 percent, reflecting strong global investor confidence. Although net profit declined 2.2 percent YoY to ₹6,654 crore due to a one-time labour code charge, underlying performance remained resilient with revenues up 8.9 percent YoY and margins improving sequentially. Brokerages remain bullish, citing improving demand visibility, strong deal wins, progress in AI-led opportunities, and early signs of recovery in discretionary spending, leading to higher target prices.