After four days of unceasing fall, the Infosys stock finally started to move into positive territory on Thursday. The market was disappointed with a weak set of numbers for the fourth quarter (Q4) of 2021-22 (FY22).
Infosys Chief Executive Officer and Managing Director Salil Parekh said the guidance of 13-15 per cent is the strongest-ever for the company at the start of a financial year (2022-23), steering clear of any mention of being one of the top wealth destroyers, eroding around Rs 1.05 trillion of wealth in the last five sessions.
“I cannot comment on market movement. People
Infosys Chief Executive Officer and Managing Director Salil Parekh said the guidance of 13-15 per cent is the strongest-ever for the company at the start of a financial year (2022-23), steering clear of any mention of being one of the top wealth destroyers, eroding around Rs 1.05 trillion of wealth in the last five sessions.
“I cannot comment on market movement. People