DynamicLevels
DynamicLevels
15 Jul 2016
Infosys share price was down by 9% this morning
Dynamic Levels
Infosys share price was down by 9% in early morning trade at Rs. 1075.50 on BSE at 10.35 a.m. today. Infosys circulated a quarterly report card that fell well below expectations of the market. Infosys scaled down its full-year revenue guidance to 10.5-12 per cent in constant currency terms, disheartening investors who punished the Infosys stock in early morning trade as Europe's weak spending pulled down quarterly growth and put an end to the company's recent recovery over the last four quarters. In April, Infosys forecast revenue growth of
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