Infosys, India’s second‑largest IT services company, has seen its share price tumble to around ₹1,035, marking its lowest level in five years. The stock has fallen nearly 36% in the past six months and delivered a negative return of 35% over the last year. This sharp decline has left investors debating whether to buy at current levels or wait until the stock tests ₹1,000.
The fall was triggered by weak guidance from Accenture, which signalled slower demand in global technology spending. Following this, Infosys’ American Depository Receipts (ADR) dropped 9.7% in a single session, dragging the Nifty IT index down by almost 6%. Analysts point to muted demand from US and European clients, currency fluctuations, and margin pressures as key reasons behind the weakness.
Infosys has highlighted a $400 billion opportunity in artificial intelligence by 2030 and noted that 90% of its top 200 clients are already working with it on AI initiatives. Despite this, the company’s cautious outlook has kept investors on edge.
Market experts suggest that long‑term investors may consider staggered buying, given Infosys’ strong fundamentals and dividend yield of 4.6%. However, short‑term traders are advised to remain cautious as volatility may continue. The next few quarters will be crucial in showing whether demand stabilises and margins improve.