Infosys reported better-than-expected revenue and net profit growth for Q4 2024, increased its FY25 revenue guidance, and plans to hire more freshers. The steady recovery in discretionary spending, rising deal flow, and AI platform development are expected to drive sustained business momentum.
IT stocks slide up to 6% as Wipro forecasts revenue decline, sparks sector-wide selloff
Wipro’s earnings miss and muted guidance had a ripple effect across the IT sector, dragging down peer stocks. Infosys shares slipped 1.6% ahead of its