Shares of Infosys Ltd surged 1.13% to ₹1,941.75 as of 10:02 am on Thursday, ahead of the company’s Q2 results. The stock gained significant momentum, adding approximately ₹9,113 crore to its market capitalization, which now stands at ₹8,06,118.54 crore.
Infosys is expected to report a 10-15% year-on-year (YoY) increase in net profit, driven by a 5% growth in sales. The growth is likely aided by the In-tech acquisition, positioning Infosys to potentially outpace its Tier 1 peers in constant currency revenue growth on a sequential basis.
Investors are keenly watching for updates regarding the FY25 revenue guidance, interim dividend announcements, and commentary on the broader demand environment.
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